Fri, Aug 18, 2017
Central bank confirms it will be rolling out new Rs 50 notes.
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Thu, Mar 09, 2017
The Reserve Bank of India (RBI) on Thursday said it will shortly issue new Rs 10 denomination currency notes, while clarifying that the old Rs 10 notes will also remain valid.
Tue, Feb 21, 2017
The government will soon announce new notes of Rs 1,000 denomination but the specific dates for its launch is unclear.
Wed, Jan 18, 2017
The Reserve Bank of India (RBI) has injected Rs 9,20,000 crore ($135.21 billion) worth of new currency notes into the banking system to help replace the notes banned in November, a parliamentary source quoted central bank governor Urjit Patel as saying on Wednesday.
Mon, Jan 16, 2017
The hike in the cash withdrawal limit also comes ahead of the presentation of the annual budget on February 1.
Fri, Jan 13, 2017
Terming demonetisation as a right long-term decision despite short-term "disruptions", CII President Naushad Forbes has said consumer demand is expected to return to full normalcy in April-June quarter after seeing a 20% fall in the 50-day period after the note ban.
Thu, Jan 12, 2017
India's GDP growth numbers are expected to see a decline of 2% in the third and fourth quarters of the current fiscal, as effective currency in circulation has contracted significantly, says an HSBC report.
Wed, Jan 11, 2017
The Government of India's recent demonetisation decision, which grabbed news headlines across media resulting in cash crunch and chaos across the country last year, was in the making since 2014.
Sun, Jan 08, 2017
Over Rs 4,807 crore of undisclosed income has been detected while Rs 112 crore worth new notes have been seized by the Income Tax department as part of its country-wide operations against black money hoarders post demonetisation.
Sat, Dec 31, 2016
Indians lined up outside banks across the country on Friday, the last day for them to deposit their savings or see them become worthless after large denomination notes were scrapped in a bid to fight corruption.
Wed, Dec 21, 2016
Income Tax (I-T) department officials on Wednesday raided the house of Tamil Nadu Chief Secretary P Rama Mohana Rao. "The raids have commenced at Tamil Nadu Chief Secretary`s residence," a senior Income Tax official told IANS.
After the government announced demonetisation of old notes of Rs 500 and Rs 1,000, the Reserve Bank of India (RBI) has fasten up its speed to produce new notes of Rs 500, Rs 1,000 and Rs 2,000 denomination in order to avoid cash shortage into the economy.
Sat, Dec 17, 2016
Either the Reserve Bank of India (RBI) is uncharacteristically cavalier with the demonetisation-related figures it has given out periodically since November 8 or, more worryingly, its number crunchers are getting their math mixed up.
Tue, Dec 13, 2016
Unearthing a racket involved in illegal conversion of demonetised notes, the ED has arrested seven alleged middlemen and seized Rs 93 lakh in new currency in Karnataka as part of its money laundering probe.
Tue, Nov 08, 2016
Patel said that RBI was concerned about growing menace of fake Indian currency notes which has been increasing in numbers.
Fri, Sep 16, 2016
Urjit Patel took charge as the 24th governor of the Reserve Bank of India (RBI) on September 5, after serving as the deputy governor since January 2013.
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