Rs 500 notes

Host of firms bid to supply security features for notes

In a push to 'Make in India' initiative, the tender document for security features specified that successful bidders will be required to set up the "manufacturing facility" in India within two years from the date of signing of contract and increase the local content in planned manner from the third year.

Sep 04, 2017, 20:41 PM IST

Cash deposits of Rs 2.89 lakh crore in 13.33 lakh accounts post note ban under I-T radar

9.72 lakh persons have deposited Rs 2.89 lakh crore in 13.33 lakh accounts post demonetisation, the I-T department said.

Aug 31, 2017, 16:57 PM IST

Objective of demonetisation was to expand tax base, fight black money: Jaitley

Talking about return of 99 percent of junked currency into banking system, Jaitley said that money has now been identified with its owner.

Aug 30, 2017, 20:25 PM IST

7.62 lakh pieces of counterfeit notes detected in FY17: RBI

It also said that barring Rs 100, the detection of counterfeit notes increased across denominations - notably, Rs 500 and Rs 1,000 -- during the last fiscal.

Aug 30, 2017, 19:05 PM IST

Demonetisation: 99% of banned Rs 500/100 notes worth Rs 15.28 lakh crore back in system, says RBI

The Reserve Bank revealed in its annual report for 2016-17 that Rs 15.28 lakh crore, or 99 percent of the Rs 15.44-lakh-crore scrapped currency notes, had come back to the central bank between the government’s demonetisation decision and June 30, 2017.

 

Aug 30, 2017, 17:30 PM IST

Two orphans from Rajasthan discover Rs 96,000 in demonetised notes at home, urge PM Narendra Modi for help

The Union government on November 8 last year had demonetised high-value Rs 1,000 and Rs 500 notes, and asked citizens to get them exchanged at the RBI by March 31, 2017.

Mar 27, 2017, 09:35 AM IST

ATM dispenses currency of new Rs 500 denomination with one-side blank

Days after a farmer in Madhya Pradesh received Rs 2,000 notes from a bank without the image of Mahatma Gandhi, an ATM at a village in Khargone district dispensed two 'one-side blank' currency of the new Rs 500 denomination.

Jan 12, 2017, 14:17 PM IST

Australia govt asks citizens visiting India to use e-payments

Australian government has advised its citizens travelling to India to ensure their trip is planned in such a way so as not to depend on the availability of cash, claiming that some visitors are facing difficulties in exchanging 100 dollar notes in India after demonetisation.

Jan 06, 2017, 12:06 PM IST

PM Narendra Modi to address nation today - This is what he is likely to speak about

This will be PM Narendra Modi's second address to the nation since his announcement in a similar address on November 8 to scrap Rs 1,000 and Rs 500 notes.

Dec 31, 2016, 11:58 AM IST

2016: Top 10 fake news forwards that we (almost) believed

Alison Saldanha/IndiaSpend/IANS

Dec 29, 2016, 10:19 AM IST

Ordinance to penalise persons with old notes will prevent hoarding of scrapped currency: BJP

The Bharatiya Janata Party (BJP) has said that the ordinance to make possession of a large number of scrapped banknotes a penal offence, making holding of old Rs 1,000 and 500 notes after March 31 beyond a threshold amount a criminal offence, has been brought in order to prevent the hoarding of such notes.

Dec 29, 2016, 09:52 AM IST

Currency worth Rs 5.92 lakh crore issued since demonetisation

The Reserve Bank on Wednesday said banks have issued currency worth over Rs 5.92 lakh crore to the public since the demonetisation of old high value notes last month.

Dec 21, 2016, 17:38 PM IST

RBI's new restrictions on deposits of old Rs 500 and Rs 1,000 notes: Key facts you should know

RBI has decided to place certain restrictions on deposits of old Rs 500 and Rs 1000  notes into bank accounts.

Dec 19, 2016, 13:23 PM IST

Government focus on printing more Rs 500 notes: Shaktikanta Das

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Dec 15, 2016, 23:49 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

Demonetisation: Focus now on printing more new Rs 500 notes, says govt

The Reserve Bank of India has infused more than Rs 5 trillion (USD 73.66 billion) of currency notes into the banking system since Nov 8.

Dec 15, 2016, 18:42 PM IST

Reminder! December 15 is the last date for using old Rs 500 notes

Last date to make use of old Rs 500 notes is December 15. So, if you still have old currency notes of Rs 500 denomination in store, ensure to use them positively by tomorrow.

Dec 14, 2016, 11:32 AM IST

Demonetisation: Toll fees can be paid in old Rs 500 notes till December 15

Toll fees on national highways can be paid in old Rs 500 notes till December 15, announced Home Ministry on Monday.

 

 

Dec 05, 2016, 19:38 PM IST

Scam? 'Aam Aadmi Party using Delhi Transport Corporation to exchange Rs 500, Rs 1,000 notes'

BJP Delhi unit President Manoj Tiwari on Thursday accused Arvind Kejriwal-led Aam Aadmi Party (AAP) of indulging in a major scam.

Dec 01, 2016, 23:57 PM IST

This is what US thinks about Narendra Modi govt's demonetisation drive

The United States of America on Wednesday described the Indian government's demonetisation drive as "an important and necessary step" to crack down on "corruption and tax dodging”.

Dec 01, 2016, 12:47 PM IST