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RBI News

24 May 2023

Congress leader Adhir Ranjan Chowdhary gives controversial statement on PM Modi

2000 Note Ban: The opposition is constantly seen targeting the Modi government over the decision to ban 2000 notes. Meanwhile, Congress leader Adhir Ranjan Chowdhary gave a controversial comment surrounding PM Modi. In this report, know what Adhir Ranjan said about PM Modi.

23 May 2023

Chaos, Confusion On First Day Of Rs 2,000 Note Exchange In Delhi

The punishing heatwave sweeping through Delhi exacerbated the situation, making it particularly challenging for the elderly, who complained of having to wait for hours.

23 May 2023

'Moody Person's Decision': Sharad Pawar On Withdrawal Of Rs 2,000 Bank Notes

NCP president Sharad Pawar's reaction came after the RBI announced the withdrawal of Rs 2,000 currency notes from circulation.

22 May 2023

Will ₹1,000 Currency Notes Make a Comeback? RBI Governor Breaks Silence

RBI governor says there's no concrete plan regarding bringing Rs 1,000 denomination notes. He says, "that's speculative". Banks will start exchanging or depositing Rs 2000 notes from tomorrow.

22 May 2023

Zomato Reveals 72% Cash On Delivery Orders Paid In Rs 2,000 Notes Since Friday

Zomato reveals 72% cod orders were paid in Rs 2,000 notes since Friday. RBI announces to withdraw Rs 2000 notes from circulation. Zomato Takes A Dig After Announcement.

22 May 2023

Rs 2,000 Currency Notes 'Only Helped' Black Money Hoarders, Says P Chidambaram

Congress MP and former finance minister P Chidambaram's remarks came after the RBI announced it will withdraw Rs 2,000 currency notes from circulation.

21 May 2023

SBI To Allow Exchange Of Rs 2000 Notes Without Any Identity Or Form

SBI directs its branches to exchange Rs 2000 notes without identity proof or requisition slip. The public lender issues a circular on Sunday. RBI announces to withdraw Rs 2000 notes from circulation with immediate effect.

Mamata Banerjee

21 May 2023

'Tughlaqi Demonetisation Drama': Mamata After RBI Withdraws Rs 2,000 Notes

The RBI on Friday announced the withdrawal of Rs 2,000 currency notes, which were introduced in November 2016, from circulation.

20 May 2023

Rs 2,000 Note Withdrawal May Not Impact Gold Demand, Rupee Value: Expert

The RBI on Friday said Rs 2,000 denomination notes to the value of Rs 3.62 lakh crore were in circulation on March 31, 2023.

20 May 2023

RBI To Take Action On Unclaimed Money In Banks’ Accounts, FDs From June 1

RBI will launch '100 Days 100 Pays' campaign to remove unclaimed deposits in the banking system. Unclaimed deposits refer to balances in savings or current accounts that have been inactive for a period of 10 years. Beginning on June 1, 2023, banks will commence their participation in the '100 Days 100 Pays' campaign.

20 May 2023

Govt Exempts TCS On Overseas Spending Up To Rs 7 Lakh Via Debit, Credit Cards

The Finance Ministry said the changes were necessitated as some instances have come to notice where the payments were "disproportionately high" when compared to the disclosed incomes.

20 May 2023

No Bank Account? Here's Where And How To Exchange Rs 2000 Bank Notes

RBI announces withdraw Rs 2,000 currency notes from circulation. However, the notes will continue to be legal tender till September 30, says RBI. It is important to remember that a person can only exchange 10 notes of Rs 2,000 at one go in the bank.

20 May 2023

India's Move To Eliminate 2000-Rupee Note: Consequences For The Economy

The decision is reminiscent of a shock move in 2016 when the Narenda Modi-led government had withdrawn 86% of the economy's currency in circulation overnight.

19 May 2023

What Will Happen If A Bank Refuses To Exchange / Accept Deposit Of ₹2000 Note?

RBI has announced to wtihdraw Rs 2000 denomination notes from circulation. It has requested banks to exchange/ deposit Rs 2000 notes from May 23, 2023.

19 May 2023

Explainer: Why Is RBI Withdrawing Rs 2000 Banknotes From Circulation?

RBI has requested banks to start deposit or exchange facility of Rs 2000 notes for customers from May 23, 2023.

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.

19 May 2023

Meme Fest Starts As RBI Announces To Withdraw Rs 2000 Notes From Circulation

RBI announces to withdraw Rs 2000 bank notes from circulation. Rs 2000 note will remain legal tender and can be exchanged from May 23 in banks. It can be exchanged by September 30, 2023.

19 May 2023

RBI To Stop Circulation Of Rs 2000 Currency Notes

Reserve Bank of India (RBI) has announced to withdraw Rs 2,000 currency notes. However, the notes will continue to be legal tender till September 30, says RBI.

18 May 2023

SBI Funds Permitted To Acquire 9.99% Stake In HDFC Bank

In a regulatory filing, the HDFC Bank said the Reserve Bank of India (RBI) has given its approval to SBI Funds Management for acquiring up to 9.99 per cent of the paid-up share capital or voting rights of the bank.

12 May 2023

India's Forex Reserves Jump By USD 7.2 Billion To USD 595.98 Billion

The reserves have been declining as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global developments.

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