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DEMONETISED CURRENCY NOTES
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 ...
- 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...
- Deposited Rs 80 lakh cash during demonetisation: ITAT rejects property purchase claim, calls it unexplained incomeA Surat businessman's Rs 80 lakh cash deposit during demonetisation was deemed unexplained by ITAT Surat. The tribunal rejected his claim o...
- Demonetised currency notes worth Rs 4.8 crore seized in Tamil Nadu's SivagangaPolice made the seizure based on a tip-off. They said the seized currencies were in the denominations of Rs 1000.
- The need for digital currency and why should RBI have oneOver the past four and a half years, approximately Rs 24 lakh crore of net cash has been pumped into circulation and likely withdrawn throu...
- Rs 2,000 notes were not printed in 2019-20: RBI annual reportThe number of Rs 2,000 currency notes in circulation has come down from 33,632 lakh pieces at end-March 2018 to 32,910 lakh pieces at end-M...
- Demonetisation led to highest fake currency, suspicious transactions: ReportCounterfeit currency transactions in the banking and other economic channels witnessed an increase by over 3.22 lakh instances during 2016-...
- 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...
- A year after demonetisation, seizures of fake notes see sharp dipBesides the steep decline in FICN recoveries, what is described as equally significant by officials is that none of the fake currency notes...
- Fake currency of Rs 11.23 crore face value detected post note banFinance Minister Arun Jaitley said that a mobile app has been recently launched by the RBI which allows users to see the features of new Rs...
- 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...
- Took Rs 100 crore hit on account of demonetisation: NestleAccording to Nestle, the FMCG segment would take at least two more quarters as the lag in demand in not on just the industry only but also ...
- Worry, collectors of demonetised currencyWill making papier-mâché out of defunct Rs 500 and Rs 1,000 notes be punishable?
- Aam Aadmi waiting, while 'change' agents converting Rs 1 crore in 1 hourWhile banks claim that they are being unfairly targeted, these 'agents' reveal bank officials, both private and state-run, are part of the ...
- Deposit of 80% of banned currency in banks raises doubts about success of demonetisationWith less than a month to go (30 December) till the banned currency notes can be deposited, the objective will be defeated if 90% of these ...
- 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...
- 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...
- What does new currency series signify to you?The objective is to prevent fraudsters from printing fake currencies while reducing the government’s printing cost effectively.
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