Rs 500 And 2000 Notes Banned
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Still Hold Rs 2,000 Note? Deadline Weeks Away, Here's How To Exchange
The RBI started printing the Rs 2,000 note in November 2016 after Prime Minister Narendra Modi scrapped high-value Rs 1,000 and Rs 500 notes overnight.
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Nepal Bans Use Of Indian Currency Notes Above Rs 100
The Nepal government has banned the use of Indian currency notes of Rs 2,000, Rs 500 and Rs 200 denominations, according to a media report.
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2 Years After Demonetisation, Some Hits And Many Misses: Report
As the dust settles on the demonetisation episode, the data show it didn't weed out black money or cash gained through illegal means, which was a key objective of Prime Minister Narendra Modi's plan. On the plus side, there's been some widening in the country's dismal tax base, an increase in digital payments and a drop in fake notes.
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Stock Of Rs 500, Rs 2000 Notes Was Ready Before Note Ban: RBI Governor Urjit Patel
The Reserve Bank had "kept ready" a reasonable stock of new Rs 500 and Rs 2,000 notes before the announcement of demonetisation on November 8 by Prime Minister Narendra Modi.
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Stock Of Rs 500, 2000 Notes Kept Ready Before Demonetisation: RBI Governor
While keeping the "secrecy in mind", RBI did all it could to make the transition process to replace the invalid currency least disruptive and to see that the inconvenience to the public is addressed as far as possible, Urjit Patel said.
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PM Modi's Speech On Notes Ban Tomorrow, Last Day To Turn In Notes Today
The deadline to submit invalid 500- and 1,000-rupee notes ends today. The RBI has asked banks to submit details of the deposits made in the outlawed currency. It is estimated that more than 90% of the cancelled notes have been already deposited in banks, which means that the government's intention of removing black money may have missed its mark. H...
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Last Day To Deposit Old Rs 500 And Rs 1000 Notes Before Steep Fines Kick In: 10 Facts
Fifty days after the government banned most of the cash in circulation without warning, the deadline to deposit outlawed 500 and 1,000-rupee notes ends today. From tomorrow, it will be illegal to have old notes barring exceptions. The cash crunch and queues at ATMs may continue because of the huge demand for new bills. Prime Minister Narendra Modi ...
-
BJP's Big Bang New Year Campaign On Notes Ban
The ruling BJP will launch a massive political campaign in the New Year to back demonetisation and the Modi government's drive to transition to a cashless economy.
-
Unaccounted Cash Worth Rs 36 Lakh In 2,000 Notes Seized In Tamil Nadu
Unaccounted cash worth Rs 36 lakh in the denomination of Rs 2000 notes were seized from a car in Coimbatore's Tirupur district, early today.
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How To Make Fake Rs 2,000 Notes? Bengaluru Men Used A Copier And Glitter Pen
In Bengaluru, four men used a copier and some glitter to make fake 2,000-rupee notes that they even used in several shops.
-
On November 8, Reserve Bank Had A Third Of Money Being Banned In New 2,000-Rupee Notes
On November 8, the day Prime Minister Narendra Modi announced that Rs 100 and Rs 500 notes will be scrapped, the Reserve Bank had Rs 4.94 lakh crore in 2,000-rupee notes in its possession. This is roughly 30 per cent of the Rs 15.44 lakh crore that was circulating in 500 and 1,000 rupee notes at the time.
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Focus Now On Printing 500-Rupee Notes, Says Government: 10 Points
The government is now focusing on printing 500 rupee notes, Economic Affairs Secretary Shaktikanta Das said on Thursday, hours before a deadline for using old 500 and 1000 rupee notes at petrol pumps and some other facilities ended. From midnight to December 30, old notes can only be deposited in banks. Prime Minister Narendra Modi had on November ...
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India's New Bank Notes Already Being Used For Corruption: Foreign Media
On Nov. 8 - the same day American politics was upended - India's prime minister announced the sudden invalidation of all high denomination currency notes, accounting for a whopping 86 percent of the country's cash.
-
Fraud By Banks Is Condemnable, But Only Small Fraction Of Total Transactions: SBI
As raids on banks and individuals across the country are throwing up hoards of black cash in new currency notes, questions are being asked if banks are complicit in money laundering.
-
In 3 Weeks Since Notes Ban, Bank In Rural UP Received Cash Only On 7 Days
With the government pushing farmers and the rural population to open bank accounts in the wake of the currency ban, the situation at this bank in rural Uttar Pradesh, however, has not improved even after 20 days since the cash ban was announced.
-
Still Hold Rs 2,000 Note? Deadline Weeks Away, Here's How To Exchange
The RBI started printing the Rs 2,000 note in November 2016 after Prime Minister Narendra Modi scrapped high-value Rs 1,000 and Rs 500 notes overnight.
-
Nepal Bans Use Of Indian Currency Notes Above Rs 100
The Nepal government has banned the use of Indian currency notes of Rs 2,000, Rs 500 and Rs 200 denominations, according to a media report.
-
2 Years After Demonetisation, Some Hits And Many Misses: Report
As the dust settles on the demonetisation episode, the data show it didn't weed out black money or cash gained through illegal means, which was a key objective of Prime Minister Narendra Modi's plan. On the plus side, there's been some widening in the country's dismal tax base, an increase in digital payments and a drop in fake notes.
-
Stock Of Rs 500, Rs 2000 Notes Was Ready Before Note Ban: RBI Governor Urjit Patel
The Reserve Bank had "kept ready" a reasonable stock of new Rs 500 and Rs 2,000 notes before the announcement of demonetisation on November 8 by Prime Minister Narendra Modi.
-
Stock Of Rs 500, 2000 Notes Kept Ready Before Demonetisation: RBI Governor
While keeping the "secrecy in mind", RBI did all it could to make the transition process to replace the invalid currency least disruptive and to see that the inconvenience to the public is addressed as far as possible, Urjit Patel said.
-
PM Modi's Speech On Notes Ban Tomorrow, Last Day To Turn In Notes Today
The deadline to submit invalid 500- and 1,000-rupee notes ends today. The RBI has asked banks to submit details of the deposits made in the outlawed currency. It is estimated that more than 90% of the cancelled notes have been already deposited in banks, which means that the government's intention of removing black money may have missed its mark. H...
-
Last Day To Deposit Old Rs 500 And Rs 1000 Notes Before Steep Fines Kick In: 10 Facts
Fifty days after the government banned most of the cash in circulation without warning, the deadline to deposit outlawed 500 and 1,000-rupee notes ends today. From tomorrow, it will be illegal to have old notes barring exceptions. The cash crunch and queues at ATMs may continue because of the huge demand for new bills. Prime Minister Narendra Modi ...
-
BJP's Big Bang New Year Campaign On Notes Ban
The ruling BJP will launch a massive political campaign in the New Year to back demonetisation and the Modi government's drive to transition to a cashless economy.
-
Unaccounted Cash Worth Rs 36 Lakh In 2,000 Notes Seized In Tamil Nadu
Unaccounted cash worth Rs 36 lakh in the denomination of Rs 2000 notes were seized from a car in Coimbatore's Tirupur district, early today.
-
How To Make Fake Rs 2,000 Notes? Bengaluru Men Used A Copier And Glitter Pen
In Bengaluru, four men used a copier and some glitter to make fake 2,000-rupee notes that they even used in several shops.
-
On November 8, Reserve Bank Had A Third Of Money Being Banned In New 2,000-Rupee Notes
On November 8, the day Prime Minister Narendra Modi announced that Rs 100 and Rs 500 notes will be scrapped, the Reserve Bank had Rs 4.94 lakh crore in 2,000-rupee notes in its possession. This is roughly 30 per cent of the Rs 15.44 lakh crore that was circulating in 500 and 1,000 rupee notes at the time.
-
Focus Now On Printing 500-Rupee Notes, Says Government: 10 Points
The government is now focusing on printing 500 rupee notes, Economic Affairs Secretary Shaktikanta Das said on Thursday, hours before a deadline for using old 500 and 1000 rupee notes at petrol pumps and some other facilities ended. From midnight to December 30, old notes can only be deposited in banks. Prime Minister Narendra Modi had on November ...
-
India's New Bank Notes Already Being Used For Corruption: Foreign Media
On Nov. 8 - the same day American politics was upended - India's prime minister announced the sudden invalidation of all high denomination currency notes, accounting for a whopping 86 percent of the country's cash.
-
Fraud By Banks Is Condemnable, But Only Small Fraction Of Total Transactions: SBI
As raids on banks and individuals across the country are throwing up hoards of black cash in new currency notes, questions are being asked if banks are complicit in money laundering.
-
In 3 Weeks Since Notes Ban, Bank In Rural UP Received Cash Only On 7 Days
With the government pushing farmers and the rural population to open bank accounts in the wake of the currency ban, the situation at this bank in rural Uttar Pradesh, however, has not improved even after 20 days since the cash ban was announced.
