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REMONETISE NOTES
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 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...
- RBI squeezing circulation of Rs 2000 currency notesThere were reports of illegal hoarding of the Rs 2000 bank notes after it was introduced to remonetise the withdrawn Rs 500 and Rs 1000 ban...
- KG Bhavans rinsed recalled currency while selling khadiKVIC’s directorate of vigilance has indicted some of its officials in an inquiry report, which disclosed VIPs would regularly visit Khadi G...
- Reserve Bank of India to introduce Rs 200 notes beginning SeptemberRBI is likely to put the proposed Rs 200 bank notes in circulation by the end of August or in the first week of September, according to peo...
- 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...
- RBI says it's comfortable with currency in circulationTotal currency in circulation was Rs 15.41 lakh crore on July 28, according to central bank data, about 86 percent of the amount on Novembe...
- Notes in circulation at 85% of pre-note ban level: GovernmentThe availability of currency in different parts of the country is being constantly monitored and steps have been taken to accelerate remone...
- No shortage of cash: Deputy governorThe regulator has replaced more than 100% of cash in terms of number of notes.
- Latest RBI paper says impact of demonetisation short livedThe total value of notes in circulation before the demonetisation was Rs 17.97 lakh crore it has since come down to Rs 11.73 lakh crore.
- 12 lakh new notes infused in the market: Arun JaitleyThe RBI has informed that till February 24, a total of 11,64,100 new currency notes are in circulation in the market, Jaitley said in the L...
- Currency in circulation at two thirds the pre-note ban levels in early NovemberTotal currency in circulation amounted to Rs 11.98 lakh crore, as of March 03,’17, according to the latest reserve money data released by t...
- Pace of remonetisation of economy seems to be slowingIf one takes the value of replenished notes; it has just increased to Rs 8.8 lakh crore or 57% until mid February from Rs 8 lakh crore or 5...
- Economy to pick up in Q4 due to faster remonetisation: Urjit PatelPatel also said that limited data on corporate sector performance in Q3 suggests that sales growth may have improved relative to the previo...
- Remonetisation process almost complete: Finance Minister Arun JaitleyJaitley also said cash economy has many vices as it leads to crime and tax evasion.
- Remonetisation nearly complete, says Shaktikanta Das"All restrictions have been removed except on savings bank account of Rs 24,000 per week. This is also a matter of time," Eco Affairs Secy ...
- Currency-to-GDP ratio to reach 9 per cent by March end: Nomura"In our view, this will be sufficient to stabilise activity since some part of the earlier cash was hoarded and partly due to a larger digi...
- No gap in Urjit Patel, RBI note figuresSources in the RBI said that the apparent discrepancy has arisen because the number shared by RBI was the data gathered on notes in circula...
- Economy safe, no cash chaos, FM says on last day of demonetisationAs a counter, he also cited increase in direct taxes, excise duty, service taxes, custom duty, investments in mutual funds, increase in air...
- 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...
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