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RBI DEMONETISATION
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
RBI’s currency printing cost falls 23.5% in FY26 despite rise in cash circulationReserve Bank of India's spending on printing money dropped significantly. This happened even as the total value of currency in circulation ...
RBI rate cuts partly passed on to borrowers in FY26, lending rates fall but not fully: ReportRBI's repo rate cuts in FY26 were only partially passed on to borrowers, with lending rates declining but not matching the full policy redu...
Cash is king again? India’s withdrawals surge 12% in early April, highest since post-demonetisationThe Indian economy is witnessing a historic milestone as the currency in circulation hits 42.3 trillion rupees. This remarkable jump of mor...
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...
Supreme Court upholds Modi govt's 2016 Demonetisation call, says decision-making process had no flawsThe majority judgement authored by Justice BR Gavai said the 2016 notification of demonetisation "satisfies the test of proportionality." I...
No procedural lapse in demonetisation of 500 and 1,000 currency notes in 2016: RBI to SCThe Reserve Bank of India (RBI) Tuesday told the Supreme Court that there was "no procedural lapse" in the demonetisation of '500 and '1,00...
We made recommendation on demo, process was followed: RBI to SCArguing on behalf of the central government, attorney general R Venkataramani said the three evils of "fake currency, terror financing and ...
DeMo proposal emanated from centre, not RBI: P ChidambaramA five-member Constitution bench comprising justices Abdul S Nazeer, BR Gavai, AS Bopanna, V Ramasubramanian and BV Nagarathna had on Octob...
Short-term note ban costs to outweigh long-term benefits: Raghuram RajanRajan said he had handed over a note to the government outlining the potential cost and benefits of note ban as well as alternatives to ach...
Congress asks if RBI deliberately slowed counting of junked notes"I think this must be the slowest exercise by the RBI. But I would compliment the RBI, the RBI is not so slow, unless it is deliberately sl...
Congress seeks PM's apology on noteban; 'Shame on RBI': P ChidambaramChidambaram questioned the Narendra Modi government whether its demonetisation decision was designed to convert black money into white.
Shame on RBI, says P Chidambaram on junked note figures; Congress seeks PM's apologyFormer finance minister P Chidambaram used Reserve Bank data to lash out saying, “Shame on RBI,” as 99% junked currency has returned.
Parliamentary panel to submit demonetisation report in Monsoon SessionThe panel would submit its report on demonetisation during the Monsoon Session of Parliament starting on July 17.
Suspense over demonetised notes may finally end in next two weeksReserve Bank and its auditors will meet before month end to put a number to banned notes that were not returned after demonetisation.
RBI will take 'lot of time' to count old note deposits: Finance Minister Arun JaitleyDeclaring demonetisation as one of the greatest steps taken in the country, Jaitley said that to weed out black money and corruption was th...
Modi govt world's most anti-intellectual: Chidambaram"It (the government) even thinks that Amartya Sen, professor at Harvard is undeserving of any respect. It thinks that Oxford, Cambridge, Ha...
Demonetisation: Seven crucial questions, answered and unansweredModi govt suddenly decided to demonetise Rs 500 and Rs 1,000 currency notes on Nov 8 last year. Two months later, we have more questions th...
No jail term for holding demonetised notes; minimum fine to be Rs 10,000Earlier, the Cabinet approved the promulgation of an ordinance extinguishing the Reserve Bank of India's liability for cancelled Rs 500 and...
Let co-operative banks exchange notes: Badal to FM JaitleySeveral DCCB branches are operational in areas where there is no presence of other public or private sector banks.