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News
Currency ban
Currency ban News
rs 2000 note ban
19 May 2023
Did You Know: Printing Of Rs 2000 Note Stopped 5 Years Ago
RBI Rs 2000 note circulation ban news: The RTI reply received from the Bharatiya Reserve Bank Note Mudran (P) Ltd revealed said that '0' number of Rs 2,000 denomination currency note was printed in 2019-20, 2020-21 and 2021-22.
Demonetisation
02 Jan 2023
‘Will Rahul say SORRY?’: BJP hails SC verdict on note ban as ‘HISTORIC'
SC verdict on demonetisation: Reacting to the SC verdict, former law minister and BJP leader Ravi Shankar Prasad asserted that the demonetisation done in 2016 proved to be the "biggest blow" to terrorism by curbing terror funding. “It boosted income tax and cleansed the economy,” he claimed.
Demonetisation
31 Dec 2016
Demonetisation: Deadline to deposit the junked Rs 500, Rs 1,000 notes in banks ends
People still have time to exchange the currency notes at designated RBI counters till March 31 after giving valid reasons for not depositing defunct notes in their accounts by December 30.
Demonetisation
30 Dec 2016
Demonetisation: Currency situation has stabilised to a great extent, says Arun Jaitley
On the eve of end of the 50-day window of note ban on Friday, Finance Minister Arun Jaitley said that the currency situation has stabilised to a large extent. However, he didn't provide any indication on lifting restrictions on cash withdrawal from banks and ATMs.
Demonetisation
30 Dec 2016
Demonetisation: Last day to deposit old Rs 500, Rs 1,000 notes today
While many expect the government to extend the deadline of December 30 for deposit of invalid Rs 500 and Rs 1,000 notes, the government has time and again reiterated that it has no plans to do the same.
Demonetisation
29 Dec 2016
Demonetisation: Today is the last day to deposit old Rs 500, Rs 1,000 notes
As the 50-day deadline for completion of demonetisation process draws near, people have just Friday to deposit old Rs 500, Rs 1,000 notes, pinning their hope on an extension of the date.
Note ban
28 Dec 2016
Reports on the fifty days of note ban
Demonetisation
28 Dec 2016
Demonetisation: 90% of banned notes back in system, no big dividend seen
With nearly Rs 14 lakh crore out of the Rs 15.4 lakh crore worth of 500 and 1000 rupee junked already deposited in banks, the expectation that RBI will be able to give a substantial dividend to the government, seems to be a contradictory proposition.
Demonetisation
28 Dec 2016
Ordinance to do away with liability of govt, RBI on demonetised notes likely to come up before cabinet today
An ordinance to extinguish the liability of the government and the RBI on the demonetised high denomination notes is likely to come up before the Union Cabinet on Wednesday.
Demonetisation
27 Dec 2016
Note ban: Ordinance planned to do away with liability of government, RBI
An ordinance to extinguish the liability of the government and the RBI on the demonetised high denomination notes is likely to come up before the Union Cabinet on Wednesday.
impact of note ban
27 Dec 2016
Reports and discussion on the impact of note ban in 2017 | Part II
Note ban
26 Dec 2016
Reports and discussion on the impact of note ban in 2017 | Part II
Note ban
23 Dec 2016
Note ban: Over Rs 7 crore deposits found in Hyderabad Uber cab driver's account
Immediately after the deposits were made, the amount was transferred in a phased manner into the account of a bullion merchant through RTGS.
Note ban
07 Dec 2016
Reports and Discussion : Benefits of note ban
Demonetisation
29 Nov 2016
Demonetisation: What you didn't know about new Rs 500 notes 'shortage'
Note ban
29 Nov 2016
Govt not to extend December 30 deadline for depositing old notes; says RBI, banks have enough cash
"There is sufficient cash available with the Reserve Bank of India and banks. Circulation of notes in respect of Rs 100 has already been increased," Minister of State for Finance Arjun Ram Meghwal said.
Demonetisation
28 Nov 2016
Demonetisation: Currency deposits up to Rs 2.5 lakh may still fall under Income Tax scanner
Even the deposits of demonetised notes of Rs 500 and Rs 1,000 up to Rs 2.5 lakh are going to come under the scanner of tax authorities.
Narendra Modi
27 Nov 2016
Opposition parties call for nationwide bandh over demonetisation today
The Congress, Trinamool Congress and the Aam Aadmi Party stated that they do not wish for a strike, but will hold protests across the country.
Demonetisation
27 Nov 2016
Demonetisation: Assocham urges for higher cash withdrawal limit for transporters
In the wake of the November 8 demonetisation of high value currency, industry chamber Assocham on Sunday urged the government to increase the cash withdrawal limit for logistic and transport fleet owners since they need cash for meeting their expenses.
RBI
27 Nov 2016
To decongest storage facility RBI allows banks to park old currency at district chests
In order to decongest storage facility in wake of increasing deposits post note ban move by the central government, Reserve Bank of India (RBI) on Saturday allowed RBI on Saturday allowed lenders to park such currencies at currency chests at the district level.
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