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2000 RUPEE NOTE
RBI says more than 97% of 2,000-rupee notes returned since May 2023Over 97% of India's 2,000-rupee currency notes, withdrawn in May 2023, have been returned. The total value of banknotes in circulation redu...- Nearly 97.38% Rs 2,000 notes returned to banking system; Rs 9,330 cr still with public: RBIPublic and entities holding such notes were initially asked to either exchange or deposit them in bank accounts by September 30. The deadli...
- RBI receives 97% of 2000 rupee notes as of Nov 30The Reserve Bank of India (RBI) has returned 97.26% of the 2000 rupee bank notes withdrawn from circulation as of May 19th, bringing the to...
- As nation marks 'obituary' of 2000-rupee note, let it be a reminder of 'monumental disaster' that demonetisation was: CongressThe Congress' attack came as the Reserve Bank of India's special drive to withdraw Rs 2,000 bank notes from the system ended Saturday. In a...
- Around 91,110 pieces of fake Rs 500 notes detected in FY23: RBI reportDuring 2022-23, out of the total Fake Indian Currency Notes detected, 4.6% were detected at the RBI and 95.4% at other banks. The central b...
- How people are finding canny ways to spend their Rs 2,000 notesThe RBI's decision to withdraw the Rs 2,000 currency note has launched a gold rush. In Mumbai's gold bazaar, some jewellers were charging a...
- Raghuram Rajan's Rs 10,000 currency note idea, and why it didn't take offThe RBI, under former governor Raghuram Rajan, had suggested the introduction of Rs 5,000 and Rs 10,000 notes. Information provided by the ...
- RBI defends before Delhi HC Rs 2000 banknote exchange exerciseThe Reserve Bank of India (RBI) on Tuesday told the Delhi High Court that withdrawal of Rs 2000 notes is not demonetisation but a statutory...
- What India's decision to scrap its Rs 2000 note means for its economyWhile the notes will remain legal tender, Indian citizens have been advised to deposit or exchange them by 30 September 2022. The move is e...
- Finance Secretary TV Somnath says RBI move necessary, desirable for exit of Rs 2000 notes"It is a necessary and desirable move because it accelerates the exit of the 2000 rupee notes, especially those that are in storage. Becaus...
- Will RBI’s Rs 2,000 note withdrawal impact D-Street traders? Here’s expert viewThe withdrawal of the INR2,000 currency notes is not expected to affect India's economy, according to analysts. The Reserve Bank of India h...
- Typical of our self-styled vishwaguru: Congress targets PM Modi over withdrawal of Rs 2,000 currency notesIndia's Congress party has criticised the cancellation of INR2,000 ($27) notes by state bank, Reserve Bank of India, again slamming the lea...
- Phase out 2,000 rupee notes, BJP MP Sushil Kumar Modi demands in Rajya SabhaThe 2,000 rupee currency note along with a new 500 rupee note was introduced when the government overnight demonetised old 500 and 1000 rup...
- RBI scales down printing of Rs 2000 note to minimum: Govt sourceThere were 3,285 million pieces of Rs 2000 notes in circulation at end-March 2017. On March 31, 2018, there was only a marginal increase in...
- Withdraw new notes having Devanagari numerals, demands DMKRaising the issue during Zero Hour, Tiruchi Siva (DMK) said new currency notes have Devanagari numerals printed on them in contravention of...
- On November 8, RBI had only Rs 4.94 lakh crore in 2000 rupee notes: RTIThe RBI says it had 2,473 million pieces of 2,000 rupee notes on November 8 which had a value of over Rs 4.94 lakh crore.
- Demonetisation in a booming economy is like shooting at the tyres of a racing car: Jean DrèzeDevelopment economist Drèze says the sudden move to demonetize high-value currency notes has created a scary situation for people who live ...
- New Rs 2000 note legal tender but not easy to get change forThe common man is likely to continue facing a problem in shopping (in terms of getting change) till many more the new rupee 500 notes come ...
- This is the time to rethink our spending habits: Chanda KochharChanda Kochhar, MD & CEO, ICICI Bank, says we should start using these digital method of payment to the extent possible.
- We need to make sure that customers are not starved of daily cash needs: Shikha SharmaOur teams have been working to manage the logistics of trying to get the old notes out of the ATMs and make sure that we have Rs 100 note i...
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