Recall Bank Notes

Reserve Bank Governor Shaktikanta Das has said that within a month of the recall order, more than two-thirds of the Rs 2,000 currency notes have returned to the system.

Delhi High Court asked the Centre and Delhi government to present their stand on a plea seeking recall of all currency notes above Rs 100, restricting cash transactions above Rs 10,000, among other measures.

At a private bank in Salempur, a small village in east Uttar Pradesh around 300 from Lucknow, tempers are in abundance but money is not. The bank has received cash just once in the last nine days and more than a month after the government announced it was recalling 86 per cent of the country's cash to combat corruption and tax evasion, the shortage...

Delhi High Court today dismissed an application seeking recall of its order rejecting a plea to remove the cap on daily withdrawal of money deposited in banks before the demonetisation decision.

The Delhi High Court today reserved its verdict for December 2 on an application seeking recall of its earlier order dismissing a plea to remove the cap on daily withdrawal of money deposited in banks before the demonetisation decision.

Billed as a landmark move to curb tax evasion and corruption, the government's less than two week-old decision to recall 500 and 1000 rupee notes faces a graver challenge than the political bickering it has spawned.

India's largest bank, State Bank of India, had collected Rs 75,945 crore till 5 pm Sunday, as crores of people across the country clamoured for new rupee bills five days after a shock abolishment of large denomination notes.

Reserve Bank Governor Shaktikanta Das has said that within a month of the recall order, more than two-thirds of the Rs 2,000 currency notes have returned to the system.

Delhi High Court asked the Centre and Delhi government to present their stand on a plea seeking recall of all currency notes above Rs 100, restricting cash transactions above Rs 10,000, among other measures.

At a private bank in Salempur, a small village in east Uttar Pradesh around 300 from Lucknow, tempers are in abundance but money is not. The bank has received cash just once in the last nine days and more than a month after the government announced it was recalling 86 per cent of the country's cash to combat corruption and tax evasion, the shortage...

Delhi High Court today dismissed an application seeking recall of its order rejecting a plea to remove the cap on daily withdrawal of money deposited in banks before the demonetisation decision.

The Delhi High Court today reserved its verdict for December 2 on an application seeking recall of its earlier order dismissing a plea to remove the cap on daily withdrawal of money deposited in banks before the demonetisation decision.

Billed as a landmark move to curb tax evasion and corruption, the government's less than two week-old decision to recall 500 and 1000 rupee notes faces a graver challenge than the political bickering it has spawned.

India's largest bank, State Bank of India, had collected Rs 75,945 crore till 5 pm Sunday, as crores of people across the country clamoured for new rupee bills five days after a shock abolishment of large denomination notes.