Here's why you had to stand in queues for so long after note banThe day note ban was announced, RBI didn't had a single Rs 500 note and only had a stock of around Rs 5L cr of Rs 2,000 notes. Situation st...
14 Aug, 2017, 01.08 PM IST
Three-fold increase in printing of Rs 500 notesThere has been a 3-fold increase in number of Rs 500 notes printed daily at CNP in Nashik, a step undertaken to meet currency shortage.
24 Dec, 2016, 11.31 AM IST
Demonetisation: Withdrawal limit to ease after 80% new notes re-channelised, announces governmentA top official said the restrictions on withdrawals will be first eased in case of cooperative banks and then for all the scheduled commerc...
15 Dec, 2016, 03.51 PM IST
Government decides to print plastic currency notePlastic notes have an average life span of about five years and are difficult to imitate. Also, currency notes made of plastic are cleaner ...
09 Dec, 2016, 06.12 PM IST
Cash crunch continues in KolkataEven after three weeks of demonetisation, serpentine queues were seen outside banks during the day as branches would be shut on Sunday.
03 Dec, 2016, 03.14 PM IST
RBI hikes cash supply by 4 times, banks still cash-starvedPrivate banks had a tough time dealing with cash shortage and industry data showed the supply was sharply reduced.
01 Dec, 2016, 10.37 AM IST
Here's the real reason why your ATM has more Rs 2,000 & less of the new Rs 500 notesRBI officials, upset about the perception central bank is struggling with demonetisaion, said they "have no control over the supply of 500 ...
26 Nov, 2016, 07.05 AM IST
Demonetisation: Bank branches in Delhi, Mumbai run out of cash as focus turns to rural areasModi government has come under opposition fire for the manner in which the withdrawal of Rs 500 and Rs 1,000 notes has been handled.
25 Nov, 2016, 06.23 AM IST
Nashik Press sends 74 million currency notes to RBI in two daysThe CNP had sent five million pieces of new currency notes of Rs 500 to RBI on Friday also.
16 Nov, 2016, 03.23 PM IST
RBI gets 5 million new Rs 500 notes from Nashik press, situation may ease soonSources said that the RBI has also printed the Rs 2,000 and Rs 500 notes at its two printing units in Mysore in Karnataka and Salboni in We...
13 Nov, 2016, 03.46 PM IST
RBI asks banks to stop Rs 1,000 notes without security threadThe RBI said it has received complaints about notes of Rs 1,000 denomination without the security thread being in circulation and has asked...
20 Jan, 2016, 10.43 PM IST
Dewas press prints notes with ex-RBI governor D Subbarao's signatureWhile the Nashik press followed instructions, Dewas somehow got it wrong and it woke up to the mistake only after RBI offices rejected the ...
03 Aug, 2015, 11.42 AM IST
Government to set up 2 more units at Hoshangabad to print bank notesThe government will set up two more units of paper mills of 12,000 tonnes capacity at Security Paper Mill in Hoshangabad (Madhya Pradesh) t...
01 Jun, 2015, 10.24 PM IST
Government to save Rs 1,500 crore from new note printing linesThe government is expected to save foreign exchange worth Rs 1,500 crore by commissioning two new bank paper lines in Hoshangabad and Mysor...
29 May, 2015, 10.51 PM IST
Millions of notes not printed in mints land in RBI vaultsRBI records show that it received 4,462 mn notes, an excess of 9.7 mn notes. That means the RBI has received Rs 970 cr more than what was a...
04 Aug, 2013, 09.20 AM IST
SPMCIL units at Nashik, Dewas to be modernised soonThe Corporation was generating a profit of Rs 100 crore every year, Meena congratulated ISP for maintaining high quality and standards in p...
11 Feb, 2013, 01.32 PM IST
- ATS: LeT-IM involved in German Bakery blast
The Mumbai Anti-Terror Squad has found a Lashker-e-Toiba-Indian Mujahideen footprint in the German Bakery in Pune.
09 Sep, 2010, 02.12 AM IST