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OLD CURRENCY
Has RBI announced 'new rules' for exchanging old Rs 500 & Rs 1,000 currency notes?Social media claims about the Reserve Bank of India allowing exchange of old Rs 500 and Rs 1000 notes are false. The official website of th...- Demonetised notes are being shredded, briquetted: RBIThe central bank had earlier estimated the value of old Rs 500 and Rs 1,000 notes received, as on June 30, 2017, at Rs 15.28 trillion.
- Some nations still have old notes, exchange unlikelyThe discussion on demonetised currency still held abroad provided an interesting twist to the deliberations of the committee, which is prep...
- View: New window to exchange old notes a welcome suggestionThe government should respond positively to the suggestion. Indian residents had a 50-day window up to December 30 last year to deposit the...
- Indian Army to assist in disposal of old currency notes
- Supreme Court rejects bank's plea for exchange of Rs 371 cr scrapped currencyA bench headed by Chief Justice J S Khehar dismissed the plea of the bank which said that barring of the exchange before March 31 will lead...
- Sitaram Yechury wants data on amount of old currency depositedTaking to Twitter, Sitaram Yechury asked whether the Modi government is "that incompetent" that it is yet to come out with the numbers.
- J Shekar Reddy, associates remanded in judicial custody till January 17Judge Venkatasamy of the 11th CBI court dealing with bank fraud cases sent all of them to judicial custody in the fresh case filed by the i...
- Kolkata businessman arrested for converting Rs 25 crore old currencyThe ED raided multiple locations in Delhi, Mumbai, Kolkata, Hyderabad, Bengaluru, Ahmedabad, Chennai among others based on intelligence gat...
- Want to deposit over Rs 5000? Be ready for the battle"The attitude of the bank staff reminded me of my school days when my teacher would send me back to rewrite an answer until she was satisfi...
- Jan Dhan deposits fall post Rs 75,000 crore peakAccording to the latest data inflows slowed down substantially after that and over the next two weeks, deposits rose less slowly to Rs 74,6...
- Substantial amount of old currency deposited: Centre to SCAttorney General Mukul Rohatgi said the number of recalibrated ATMs are increasing day by day and government is monitoring the grant given ...
- Demonetisation: Retailers at popular shopping hubs still accepting old currencyThe lack of supply of new notes coupled with the desire of buyers to hold on to their kitty of new notes resulted in retailers' sales falli...
- RBI allows banks to park old currency at district chestsThe facility will also be available at post offices if they are maintaining current account with the chest branch managing CGV.
- Demonetisation: Banks will exchange notes only for own customers tomorrow; senior citizens exemptedBanks have been seeing huge queues since Modi's ban on Rs 500 and Rs 1,000. So far customers were allowed to exchange notes in any of the b...
- Demonetisation: Updated rules on withdrawal and exchange of currencyFollowing the demonetisation announcement, this is where we stand today, when it comes to norms around exchange of old currency and withdra...
- Kerala HC moved for allowing cooperative banks to exchange Rs 500, Rs 1000The petitioner bank contended that they should be allowed to do the process as they were also functioning under the provisions of Banking R...
- Exchange or deposit of old currency not allowed at Cooperative Banks: RBIThe government on November 12 had said that it was looking into sudden 'popping up' of money into zero-balance Jan Dhan accounts.
- ATMs remain shut as banks replace old currency notesLast night, after the government's announcement of withdrawal of Rs 500 and Rs 1,000 notes, people rushed to ATMs to withdraw lower denomin...
- ASI steps to restore 200-year-old Currency building in DalhousieIn 2003, ASI had taken charge of building but got its possession only in 2005 when they started the repairing and reconstruction of its dem...
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