Sun, Feb 25, 2024
The growth in CiC , the largest component of RM, decelerated to 3.7 per cent from 8.2 per cent a year ago, reflecting the withdrawal of Rs 2,000 banknotes, according to the RBI.
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Mon, Oct 02, 2023
RBI extended the period for exchanging ₹2000 notes. Deadline for exchanging and depositing notes extended till October 7
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
Thu, Jan 04, 2018
The RBI has directed banks to recalibrate ATMs to ensure that more number of Rs 200 denomination notes are dispensed to general public.
Thu, Dec 21, 2017
If we look the RBI' annual report data closely, it indicates that the central bank printed heavily Rs 500 denominations but slowed down on Rs 2,000 denominations.
Mon, Dec 18, 2017
Introduction of this new currency and design has been brought in considering various factors like ease of transaction for common man, replacement of soiled banknotes, inflation and the need for combating counterfeiting.
Mon, Aug 28, 2017
Government had demonetised the Rs 1000 notes last year. The new Rs 1000 notes may be out as early as December 2017.
Tue, Aug 08, 2017
Even after the government banned Rs 500 and Rs 1000 notes to curb fake notes over Rs 2.55 crore fake notes have now been seized by the government post demonetisation.
Thu, Jul 27, 2017
It took the RBI eight months to restore currency circulation to pre-demonetisation era. Zeebiz analyses cost to print old Rs 1000 and Rs 500 notes and new notes by the government.
Tue, Apr 04, 2017
After the introduction of Rs 2000 notes and new Rs 500 notes the Reserve bank of India has now cleared the proposal of Rs 200 notes, a report by Live Mint said on Tuesday.
Sun, Apr 02, 2017
After demonetisation failed to stop counterfeiting of Indian currency, the government now plans to change the security features every 3-4 years.
Sun, Mar 19, 2017
Kurz pointed out that whoever was informed about the demonetisation policy ahead of its introduction (sort of insider trading) could have used the information and laundered money.
Wed, Feb 22, 2017
To replace the old notes of Rs 500 and Rs 1,000 during demonetisation, the RBI had issued new notes of Rs 500 and Rs 2,000.
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.
Thu, Jan 05, 2017
A farmer in Madhya Pradesh's (MP) Sheopur district was shocked to receive Rs 2,000 currency notes without the image of Mahatma Gandhi from a branch of a public sector bank.
Thu, Dec 22, 2016
RBI's latest release on banknotes issued to public till December 19, has brought in many questions. Parliament reply is the only place where the government has given a break up of the high denomination notes supplied. The RBI has never given this break up -- and that`s where the problem lies.
Mon, Dec 19, 2016
SBI believes that introduction of Rs 500 currency notes in large numbers will fill the much needed vacuum of serving as the medium of exchange in between Rs 100 and Rs 2000 rupee notes.
Tue, Dec 13, 2016
E-commerce food delivery website announced its partnership with Yes Bank on Tuesday to start a home delivery service for cash.
A PTI report revealed that one of the senior offical named K Micheal of the Reserve Bank of India was also involved in the seizure of Rs 5.70 crore in new currency.
"We received a tip off that huge amount of black money was hidden in Bedi`s house. We raided his house at Beltola area," he said adding that they seized Rs 1,54,61,000.
Tue, Nov 22, 2016
"The whole country welcomed the step taken to curb the black money... We are ready to hold discussion on demonetisation," Jaitley said at a media briefing after the Bharatiya Janata Party`s (BJP) parliamentary body met.
Fri, Nov 18, 2016
With long queues continuing at banks and ATMs, now petrol pumps will also dispense Rs 2,000 cash per person per day, state-run Doordarshan announced in a tweet on Thursday.
Mon, Nov 14, 2016
While the Rs 2,000 note`s paper is in magenta, the Rs 500 note is in stone gray.
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