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Bundles of currency notes thrown from Kolkata building during DRI raid - WATCH

DRI officials had gone to conduct a search at the office of a private company engaged in export-import activities located on that floor in connection with alleged evasion of duty.

Nov 21, 2019, 07:57 AM IST

Currency in circulation rises 22% in May over pre-demonetisation level

As per a written reply given by Finance Minister Nirmala Sitharaman in the Rajya Sabha Tuesday, the notes in circulation as on November 4, 2016 were Rs 17,74,187 crore, which have now increased to Rs 21,71,385 crore as on May 31, 2019.

Jun 26, 2019, 10:47 AM IST

RBI proposes mobile app to help visually impaired to identify currency notes

At present, banknotes in the denominations of Rs 10, 20, 50, 100, 200, 500 and 2,000 are in circulation, besides Re 1 notes issued by the Government of India.

May 13, 2019, 11:27 AM IST

Congress alleges RBI printing 'two types of currency notes'; ruckus leads to adjournment of Rajya Sabha

The Rajya Sabha was on Tuesday repeatedly adjourned over the issue of "two types" of currency notes.

Aug 08, 2017, 14:54 PM IST

Rs 50 lakh in defunct notes seized in Gujarat; 2 detained

Though police managed to nab the duo, who was carrying a box, the car driver drove off after spotting law enforcement personnel.

May 29, 2017, 16:45 PM IST

Rupee zooms 42 paise on BJP win, positive IIP numbers

The rupee soared 42 paise to 66.18 against the dollar early on Tuesday on increased selling of the US currency by exporters and banks amid higher foreign inflows following BJP's resounding win in UP and positive IIP numbers.

Mar 14, 2017, 10:19 AM IST

No plans of introducing new Rs 1000 notes, Centre focusing on producing lower denomination currency: Shaktikanta Das

A day after reports about Rs 1000 notes coming into circulation surfaced, Secretary Economic Affairs Shaktikanta Das has refuted the view.

 

Feb 22, 2017, 11:33 AM IST

After calling Narendra Modi 'bigger brand' than Mahatma Gandhi, Haryana Minister Anil Vij withdraws comment​

Haryana minister Anil Vij said Mahatma Gandhi's photo would vanish from the currency notes.

Jan 14, 2017, 13:50 PM IST

Demonetisation: Govt seeks report on malpractices by bank officials

Days after Prime Minister Narendra Modi warned those who indulged in malpractices during the 50-day demonetisation drive, the Finance Ministry has asked public sector banks to submit a report on the involvement of officials illegally changing currency notes.

Jan 03, 2017, 17:12 PM IST

Reports and discussion on the impact of note ban in 2017 | Part I

Reports and discussion on the impact of note ban in 2017. Watch this special segment and get to know more here.

Dec 27, 2016, 00:21 AM IST

RBI had only Rs 4.94 lakh crore in 2,000 rupee notes on day of demonetisation announcement: RTI

Reserve Bank of India (RBI) has informed that it had only Rs 4.94 lakh crore in 2,000 rupee notes on the day the central government announced scrapping of high denomination notes of Rs 500 and Rs 1,000. 

Dec 19, 2016, 18:00 PM IST

Now, you cannot use the old Rs 500 notes anymore, anywhere

From Friday, the old Rs 500 note can no longer be used for paying utility bills, school fees and fees in Central or State Government colleges, recharging pre-paid mobiles or anything.

Dec 15, 2016, 23:33 PM IST

Bank unions ask RBI to issue lower-denomination currency notes on urgent basis

In a statement issued to Reserve Bank of India (RBI), Bank Employees Federation of India (BEFI) has asked the central bank to urgently issue lower-denomination notes. 

Dec 15, 2016, 10:24 AM IST

RBI advises banks to store CCTV recordings of operations at bank branches from Nov 8 to Dec 30

Briefing media On Tuesday, Reserve Bank of India (RBI) officials informed that Rs 12.44 lakh crore have been collected at banks in demonetised notes till December 10.

Dec 13, 2016, 16:59 PM IST

ED arrests 7 middlemen; takes in custody Rs 93 lakh new currency notes in Karnataka

The Enforcement Directorate (ED) has unearthed a big racket that dealt in illegal conversion of demonetised currency notes and arrested seven alleged middlemen.

Dec 13, 2016, 10:38 AM IST

Rs 2.5 crore in new notes among Rs 10 crore seized from Delhi law firm

Delhi Police  raided the office of a law firm in southeast Delhi's Greater Kailash-I area and recovered Rs 10 crore in cash, of which Rs 2.5 crore was in new banknotes released after demonetisation.

Dec 11, 2016, 01:27 AM IST

Delegalising notes will have positive implications: Subbarao

The Indian government's decision to delegalise high denomination currency notes may hurt growth in short-term, but in the medium- to long-term it will have positive macroeconomic implications, former RBI Governor D Subbarao has said.

Dec 06, 2016, 23:47 PM IST

PIL against demonetisation: Delhi HC declines immediate relief

The Delhi High Court on Wednesday refused to pass any interim order on a PIL seeking a direction to the Centre to remove the cap on daily withdrawal of money deposited by the public in banks before demonetisation of Rs 500 and Rs 1,000 currency notes.

Nov 23, 2016, 14:40 PM IST

Andhra Pradesh: Currency exchange gang busted, old and new notes seized

The Andhra Pradesh police have arrested a gang of 17 people including a woman and seized Rs 6,80,000 from them for allegedly exchanging banned currency on commission basis for new currency.

Nov 22, 2016, 09:03 AM IST

Demonetisation: Issue Rs 200 currency notes, industry chamber urges government

The All India Association of Industries (AIAI) on Thursday urged the government to come out with new Rs 200 currency notes to help tide over the ongoing crisis following demonetisation of Rs 500 and Rs 1,000 notes.
 

Nov 17, 2016, 17:58 PM IST