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DEMONETISATION RESERVE BANK
Think property makes you rich? These 5 facts tell a different storyAs per a 2017 RBI report, a typical middle-class Indian family puts 70-80% of its net worth into realty. No asset class would be considered...- 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 ...
- Delhi’s latest side hustle: People are getting paid to shop alongside strangers, carry bags, stand in queues and even unfold a chairDelhi's markets are seeing a rise in hourly "personal helpers" who assist shoppers with tasks like carrying bags and waiting in queues. Thi...
- 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...
- 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...
- SC rejects petition challenging demonetisation, says decision-making is not flawedThe Supreme Court on Monday upheld the decision taken by the Narendra Modi government in 2016 to demonetise the currency notes of Rs 500 an...
- Currency in circulation up 83% since demonetisation in 2016Demonetisation of the high value currency notes of Rs 500 and Rs 1,000 did not have any discernible impact on currency in circulation (CIC)...
- Bank credit demand inches up 5.5 per cent in first fortnight of FY18It can be noted that the credit growth in FY17 was the lowest since fiscal 1954 when it had inched up by a paltry 1.7 per cent, according t...
- 'Indian banks will boost low interest rate funding for businesses'"The good news for businesses is that interest rates are being cut across the board led by Reserve Bank of India," said Japnit Singh.
- Why the assumption that RBI should've resisted cash ban is misplacedIt is inevitable that the Reserve Bank of India will face some flak. But it was not its job to have resisted demonetisation.
- Note ban most disruptive policy innovation since 1991: SubbaraoHe further said demonetisation is "arguably" leading to a flurry of innovations in Indian financial sector by way of digitisation of paymen...
- Here's how much RBI spends on printing a Rs 500 noteFor the Rs 2,000 denomination, RBI is to shell out Rs 3,540 for 1,000 pieces, the same rate as that for the demonetised Rs 1,000 note.
- RBI Governor Urjit Patel to brief Parliament panel on demonetisation"Briefing by the Governor, RBI, on the subject 'Demonetisation of Indian currency notes of Rs 500 and Rs 1000 and the impact thereof."
- Forex exchange facility for foreigners extended till Dec 31The previous deadline for this exemption was December 15. The central bank extended it to make their stay more comfortable amid centre's de...
- RBI warns banks/public against misinformation on social mediaFollowing demonetisation of the old high value currency from November 9, people have been depositing the invalid notes in banks and also ex...
- Ever wondered what happens to demonetised currency? Read to knowThis time most of the newly demonetised currency notes will reach the yards of Western India Plywood (WIPL) on the banks of Valapattanam ri...
- Exchange of old Rs 500, Rs 1,000 notes still possible at RBI countersThe RBI has 19 exchange counters across India where they are exchanging old invalid notes since November 10, after Modi government's decisi...
- Learn with ETMarkets: Impact of demonetisation on reserve money, money supplyCurrency in circulation comprises currency notes and coins with the public and cash in hand with banks. It is a major liability component o...
- RBI urges patience even as ATMs run out of cashIn a press release on its website RBI said it has made arrangements to distribute currency all across the country but it may take a while f...
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