Search For "banknote"
Half of Rs 2,000 notes in circulation back in system: RBI Governor
Updated : 2 years, 9 months ago IST
On May 19, RBI decided to withdraw the Rs 2,000 denomination currency notes from circulation, but said it will continue to remain as legal tender. However, RBI has advised banks to stop issuing Rs 2,000 denomination banknotes with immediate effect.
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Afghanistan's Central Bank to collect worn-out banknotes, circulate new on
Updated : 2 years, 9 months ago IST
The Central Bank has asked all other banks to collect the citizens' worn-out notes in denominations of ten and 20 without charging a fee, and the bank said it would exchange them for new banknotes.
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SC declines urgent hearing of appeal against Delhi HC order on exchange of
Updated : 2 years, 9 months ago IST
The Supreme Court on Thursday declined an urgent hearing of an appeal against the Delhi High Court order which dismissed a plea challenging RBI's decision permitting citizens to exchange Rs 2,000 banknotes, which are being pulled out of circulation, without any requisition slip and ID proof.
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Appeal filed in SC challenging Delhi HC order rejecting plea against excha
Updated : 2 years, 9 months ago IST
An appeal was filed in the Supreme Court on Wednesday two days after the Delhi High Court dismissed 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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Delhi HC reserves order on another PIL challenging RBI decision to withdra
Updated : 2 years, 9 months ago IST
The Division bench of Justice Satish Chander Sharma and Justice Subramonium Prasad on Tuesday reserved the order in the matter after noting down the submissions of petitioner and repondents. The RBI has opposed the plea stating that Rs 2000 note continues to be legal tender.
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Delhi HC dismisses PIL against RBI notification allowing exchange of Rs 2,
Updated : 2 years, 9 months ago IST
Delhi High Court on Monday dismissed PIL challenging Reserve Bank of India and State Bank of India notifications, which permits the exchange of Rs 2,000 banknotes without obtaining any requisition slip and identity proof.
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PIL in Delhi HC challenges RBI decision to withdraw Rs 2000 denomination b
Updated : 2 years, 9 months ago IST
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
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Withdrawal of Rs 2,000 notes a non-event as India's digital payments ecosy
Updated : 2 years, 9 months ago IST
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.
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Exchange of Rs 2,000 notes starts today; Here's all you may need to know
Updated : 2 years, 9 months ago IST
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
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Punjab National Bank clarifies Aadhar, ID cards not required to exchange R
Updated : 2 years, 9 months ago IST
The Reserve Bank of India on May 19 withdrew the Rs 2000 denomination banknotes from circulation but they will continue to remain as legal tender.
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Delhi HC reserves order on PIL against RBI allowing exchange of Rs 2,000 n
Updated : 2 years, 9 months ago IST
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.
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"System has adequate currency notes, no reason to worry": RBI Governor on
Updated : 2 years, 9 months ago IST
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
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