The arrested persons were allegedly en route to deposit the Rs 2,000 notes in the bank. RBI had recently decided to withdraw Rs 2000 currency notes from circulation, however, they will continue to remain as legal tender.
A Public Interest Litigation (PIL) has been moved in Delhi High Court seeking direction to quash the Reserve Bank of India (RBI) Notification dated May 19, 2023, whereby the RBI has taken a decision to withdraw the Rs 2000 denomination banknotes from circulation under the clean note polic
Slamming the Centre over the withdrawal of Rs 2,000 currency notes from circulation, senior Congress leader Adhir Ranjan Chowdhury on Wednesday made controversial remarks against Prime Minister Narendra Modi.
The withdrawal of Rs 2,000 banknotes is likely to be a non-event as India has adopted digital payments on a mass scale, said SBI Research in its latest Ecowrap.
Last Friday, the Reserve Bank of India (RBI) decided to withdraw the Rs 2000 denomination currency notes from circulation, but added they (currency notes) will continue to remain as legal tender. However, RBI has advised banks to stop issuing Rs 2000 denomination banknotes with immediate
In the 2019 Assembly Polls, the then Shiv Sena-led by Uddhav Thackeray and the BJP fought elections jointly. BJP had won 23 seats and the then Shiv Sena 18 seats while Congress got 4 seats.
The Delhi High Court on Tuesday reserved the order on a Public Interest Litigation (PIL) challenging Reserve Bank of India (RBI) and State Bank of India (SBI) notifications, which permits the exchange of Rs 2,000 banknotes without obtaining any requisition slip and identity proof.
Prime Minister Narendra Modi was not in favour of Rs 2000 notes coming into circulation but reluctantly agreed to it after he was told that there was a lack of capacity to print smaller currency notes as demonetisation has to be done in a limited time, Nripendra Misra, former Principal Se
Noting that there is no reason for worry over the move to withdraw Rs 2000 notes, which continue as legal tender, Reserve Bank of India Governor Shaktikanta Das has said the central bank has "more than adequate" notes of other denominations available