Mon, Jun 03, 2024
97.82 per cent of the total value of the high-value Rs 2,000 banknotes are back in the banking system by the end of May 2024.
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Fri, Sep 29, 2023
A lot will change in the country from October 1. Which new rules will be applicable? What will be mandatory from October 1? Will Rs 2000 notes go out of circulation? Know complete details from Varun Dubey
Tue, Aug 01, 2023
The total value of Rs 2,000 banknotes in circulation, which amounted to Rs 3.62 lakh crore on March 31, 2023, had declined to Rs 3.56 lakh crore as at the close of business on May 19, 2023.
Mon, Jun 19, 2023
As per SBI Research's assessment, 30 per cent of deposits (or Rs 92,000 crore) might go for loan payment and argued that credit growth continues to remain quite strong despite repayments getting frontloaded.
Tue, May 23, 2023
The Reserve Bank of India's decision to withdraw Rs 2,000 notes from circulation seems to have caused a stir amongst the masses. Zomato revealed that 72% of Cash on Delivery orders were paid in Rs 2,000 notes, while fuel stations and jewelry stores are overwhelmed by people trying to get rid of them.
Rs 2000 currency note withdrawn: In order to exchange Rs 2000 notes, RBI had said that the persons who come to exchange or deposit Rs 2000 currency notes will have to file a requisition slip.
Sun, May 21, 2023
Yogesh Singhal, president of the Bullion Jewellers Association, said that a customer can buy jewellery or any item from any jeweller at the market rate since Rs 2000 note is still legal tender.
SBI will allow customers to exchange Rs 2000 notes up to Rs 20000 without any form or requisition slip. Also, people don't need to show their identity proof while exchanging Rs 2000 notes.
Sat, May 20, 2023
Former Principal Secretary to the Prime Minister Nripendra Mishra told Zee News that the introduction of the Rs 2,000 note was a temporary arrangement and the discontinuation of it would discourage the corrupt from hoarding black money and evading tax.
Krishnamurthy Subramanian said that the withdrawal of Rs 2,000 currency notes wouldn't affect a common man because of increasing digital transactions and the low percentage of Rs 2,000 notes in circulation in the market
Fri, May 19, 2023
Former Reserve Bank Deputy Governor R Gandhi on Friday said withdrawal of the Rs 2,000 bank notes will help in curbing black money to a "great extent" because people are hoarding the high value currency.
BREAKING | Rs 2,000 note to be withdrawn: The RBI will start withdrawing 2,000-rupee notes from circulation. But worry not! The 2,000 note will remain legal tender. You will get a chance to deposit the Rs 2,000 note at the bank, or exchange it up to 10 (Rs 20,000) at a time.
Mon, Mar 20, 2023
The finance minister says banks make assessment of amount and denominational requirements for ATMs on the basis of past usage
Tue, Feb 19, 2019
Yes, fake Rs 100, Rs 200, Rs 500, Rs 2000 notes are a real bring problem for and many have been cheated. It has been revealed that in the fiscal 522,783 pieces of counterfeit notes were detected in the banking system.
Fri, Jan 04, 2019
Over two years after the launch of new Rs 2000 currency notes post the shock demonetisation decision, the government is said to have stopped printing them, according to a media report.
Wed, Nov 21, 2018
While this is good news in terms of citizens perspective, interestingly, if varnished notes come in the picture even RBI and government are bound to benefit from it as well.
Sat, Jun 23, 2018
Fake bank notes are a big worry. In India currently there are 9 currency notes namely old Rs 10, new Rs 10, Rs 20, old Rs 50, new Rs 50, Rs 100, Rs 200, Rs 500 and Rs 2000. The ATMs only dispense from Rs 100 to highest denomination Rs 2000.
Mon, Apr 03, 2017
The government plans to change the security features of currency notes including the new Rs 2,000 and Rs 500 notes introduced post demonetisation era as they haven’t been changed in more than a decade a report by
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