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Old Currency Notes

Rs 15.28 lakh crore old notes back in banks; was the demonetisation exercise a complete failure?

Rs 15.28 lakh crore old notes back in banks; was the demonetisation exercise a complete failure?

Thu, Aug 31, 2017

What was the real purpose of demonetisation? Zeebiz attempts to answer your queries.

Four reasons RBI Governor Urjit Patel gave for not counting demonetised notes

Four reasons RBI Governor Urjit Patel gave for not counting demonetised notes

Thu, Jul 13, 2017

RBI Governor Urjit Patel listed these reasons for not being able to decipher how many illegal notes have come back to the central bank.

People using courier services to send old currency notes abroad

People using courier services to send old currency notes abroad

Mon, Apr 10, 2017

People using courier services to send old currency notes abroad. Watch the full segment for more details.

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Old currency notes worth 1.15 crores recovered in Vishakhapatnam

Old currency notes worth 1.15 crores recovered in Vishakhapatnam

Mon, Apr 10, 2017

Old currency notes worth 1.15 crores recovered in Vishakhapatnam. Watch the full segment for more details.

Demonetisation: RBI turns down Indians, NRIs went for exchange of old notes as deadline ends today

Demonetisation: RBI turns down Indians, NRIs went for exchange of old notes as deadline ends today

Fri, Mar 31, 2017

The Reserve Bank of India (RBI) offices have turned down several Indians including NRIs went for exchanging old currency notes as the deadline ends on March 31, 2017.

Demonetisation: Government may offer second chance to deposit old notes of Rs 500 & Rs 1,000

Demonetisation: Government may offer second chance to deposit old notes of Rs 500 & Rs 1,000

Thu, Jan 26, 2017

The Government of India may give a second chance to citizens of the country to deposit old currency notes of Rs 500 and Rs 1,000.

Demonetisation: RBI enhances ATM withdrawal limit to Rs 4,500 per day from January 1

Demonetisation: RBI enhances ATM withdrawal limit to Rs 4,500 per day from January 1

Sat, Dec 31, 2016

The Reserve Bank of India (RBI) on Friday has increased the daily cash withdrawal limit to Rs 4,500 per day from the earlier cap of Rs 2,500 per day starting from January 1 next year. However, the weekly cash withdrawal limit of Rs 24,000 per week remains unchanged.

RBI asks banks to email details of demonetised money collected today itself

RBI asks banks to email details of demonetised money collected today itself

Fri, Dec 30, 2016

At the end of the 50 day deadline to extinguish old notes, the Reserve Bank of India (RBI) on Friday said all banks must email the details of old currency notes received today.

Notes Ban: Govt likely to come up with ordinance before Cabinet today

Notes Ban: Govt likely to come up with ordinance before Cabinet today

Wed, Dec 28, 2016

In an attempt to put an end to the liability of the government and the Reserve Bank of India (RBI) on the demonetised high value notes, the government is likely to come up with an ordinance before the Union Cabinet on Wednesday, PTI reported on Tuesday.

You won't be able to hold old Rs 500, Rs 1000 notes as souvenirs if Modi Govt has its way

You won't be able to hold old Rs 500, Rs 1000 notes as souvenirs if Modi Govt has its way

Tue, Dec 27, 2016

Modi Government is planning to prepare an ordinance to impose penalties on anyone possessing old notes beyond December 30, 2016, PTI reported on Tuesday.

RBI's container carrying scrapped notes fined for overloading

RBI's container carrying scrapped notes fined for overloading

Fri, Dec 23, 2016

A container truck hired by Reserve Bank of India (RBI) to carry demonetised currency notes from Bhilai in Chhattisgarh to Nagpur, was stopped at Deori border check-post in Gondia district and penalised for overloading, by the Regional Transport Office (RTO).

One month post demonetisation, Rs 4.27 lakh crore notes issued, says RBI

One month post demonetisation, Rs 4.27 lakh crore notes issued, says RBI

Fri, Dec 09, 2016

RBI today said that currency notes worth over Rs 4.27 lakh crore have been issued to public through banks and ATMs following the demonetisation of old high value bills.

Demonetisation: 28% citizens yet to deposit old currency in bank, says Survey

Demonetisation: 28% citizens yet to deposit old currency in bank, says Survey

Tue, Nov 29, 2016

While 28% indicated they were yet to deposit their old currency, approximately 60% indicated that they have already deposited their old currency in the bank.

RBI allows banks to park old currency notes at district chests

RBI allows banks to park old currency notes at district chests

Mon, Nov 28, 2016

To decongest storage facility of banks of old Rs 500 and Rs 1,000 notes, RBI on Sunday allowed lenders to park such currencies at currency chests at the district level in view of mounting deposits due to the demonetisation drive.

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