Search For "banknote"
Last date to exchange Rs 2,000 notes is tomorrow, clarifies RBI
Updated : 2 years, 5 months ago IST
The Rs 2,000 denomination banknote will cease to have its value after Saturday and will be just another piece of paper if one does not get it exchanged in any bank, the Reserve Bank of India (RBI) clarified on Friday.
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With a month left for exchange, 93 pc of Rs 2,000 notes returned to bankin
Updated : 2 years, 6 months ago IST
September 30 has been decided as the last date for the purpose of completing the exercise in a time-bound manner and to provide adequate time to the public. RBI may or may not revisit the September deadline based on the situation going ahead.
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Pakistan: Protests gain momentum countrywide against inflated electricity
Updated : 2 years, 6 months ago IST
Every day in Pakistan, more people are joining the nationwide protest against excessive electricity prices. As a form of protest, people are taking to the streets and burning their banknotes, ARY News reported.
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RBI says 88 pc of Rs 2,000 notes returned to banking system
Updated : 2 years, 7 months ago IST
On May 19, the RBI decided to withdraw the Rs 2000 denomination banknotes from circulation but said it will continue to remain as legal tender.
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Rs 2000 notes were introduced to meet currency requirement post demonetisa
Updated : 2 years, 7 months ago IST
Rs 2000 denomination banknotes were introduced to expeditiously meet the currency requirement of the economy after Demonetisation and are close to the end of their useful life, the Minister of State for Finance, Pankaj Chaudhary said in a written reply to the Rajya Sabha on Tuesday.
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2.51 pc of Rs 2,000 notes in circulation till June end: MoS Finance in Lok
Updated : 2 years, 7 months ago IST
On May 19, the RBI decided to withdraw the Rs 2000 denomination banknotes from circulation but said it would continue to remain as legal tender. However, RBI has advised banks to stop issuing such banknotes with immediate effect.
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SC dismisses plea challenging RBI decision on Rs 2,000 note exchange sans
Updated : 2 years, 8 months ago IST
A bench of Chief Justice of India DY Chandrachud and Justice PS Narasimha dismissed the plea filed by advocate Ashwini Upadhyay citing it as an "area of executive domain".
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RBI says 76 pc of Rs 2,000 notes returned to banking system
Updated : 2 years, 8 months ago IST
About 76 per cent of the Rs 2000 banknotes have returned to the banking system since the Reserve Bank of India (RBI) in May decided to withdraw the high-value note from circulation.
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If world has to progress, then Indian way is the way forward: MoS Meenakas
Updated : 2 years, 8 months ago IST
"If the world has to progress and humanity has to survive then the Indian way is the way forward and that way is 'Vasudhaiva Kutumbakam," MoS Lekhi said during an exhibition 'Banking on World Heritage' at Darshanam Gallery of Indira Gandhi National Centre for the Arts.
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Rs 2000 notes withdrawal to boost deposits, consumption, among other param
Updated : 2 years, 8 months ago IST
SBI Research in a report analysed and argued how the withdrawal of Rs 2000 banknotes could boost bank deposits, repayment of loans, consumption, RBI's retail digital currency usage, and overall economic growth.
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Banknotes supplied from printing presses to RBI are properly accounted for
Updated : 2 years, 9 months ago IST
"These reports are based on an erroneous interpretation of information collected under the Right to Information Act, 2005 from the printing press," officials said.
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SC declines urgent listing of plea challenging RBI decision on Rs 2,000 no
Updated : 2 years, 9 months ago IST
The Supreme Court once again declined an urgent hearing of a plea challenging RBI's decision permitting citizens to exchange Rs 2000 banknotes, which are being pulled out of circulation, without any requisition slip and ID proof.
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