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RBI DEMONETISATION REPORT
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...
- 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...
- Courts should refrain from delving into RBI's monetary regulatory framework, says Bombay HCA division bench of Justices A S Gadkari and Sharmila Deshmukh on September 8 dismissed the petition filed by Manoranjan Roy, who claimed t...
- Only success of demonetisation was 'torpedoing' of economy: Rahul Gandhi attacks CentreTaking to Twitter, Gandhi tagged the screenshot of a media report which cited Reserve Bank of India's annual report to state there was 100 ...
- Parliamentary panel may question RBI Governor on stand-off with governmentUrjit Patel was earlier scheduled to appear before the panel on November 12.
- RBI Governor Urjit Patel to brief parliamentary panel on note-ban on November 12The 31-member Parliamentary Standing Committee on Finance, headed by Veerappa Moily, has been deliberating on the issue for almost two year...
- Will remind Prime Minister of 'ready-to-face-punishment' remark: Mallikarjun Kharge on note-ban dataThe RBI report proved that the BJP-led government's claim of combating corruption, terrorism and black money through demonetisation was wro...
- Rs 2.25 lakh crore lost to demonetise Rs 13,000 cr: P. ChidambaramIn a series of tweets, the former finance minister also said the RBI figure has suggested that the government had actually demonetised only...
- Has no counting machines but using sophisticated tools to check scrapped notes: RBIRBI is using "sophisticated Currency Verification and Processing (CVPS) machines for checking the numerical accuracy and genuiness of the c...
- No information on how much black money removed by note ban: RBI to parliamentary panelRBI has been facing flak for demonetisation and delay in disclosing figures, while the govt has maintained that note ban has helped in curb...
- 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...
- 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.
- 99% of junked Rs 500/1000 notes returned to banks: RBIThe central bank also revealed that it had spent Rs 8000 crore on printing banknotes during this year's remonetisation drive.
- 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.
- Outgoing PAC chief KV Thomas’ push to submit demo report by April 30 failsAccording to some insiders, there was ‘lack of timely response’ from officials, including that of RBI, in providing key information.
- Demonetisation created uncertainty about short and medium term outlook for economy: Moody’sThe report states that in November and early December 2016, implementation difficulties and uncertainty surrounding demonetization disrupte...
- Realty regulator to impact housing finance cos: RBICurbing of speculative activities in the realty sector after the establishment of a regulator is expected to adversely impact the housing f...
- Dent on growth will be bigger than RBI's estimates: NomuraAs such, we expect the growth damage to be larger than the RBI's estimates, said Nomura.
- December quarter growth may slip to 5.5-6% on demonetisation: BofA-ML"We expect demonetisation to hurt production in November-December. Each month of disruption hits growth by 0.3-0.5 per cent of GDP," BofA-M...
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