Search For "currency notes"
"System has adequate currency notes, no reason to worry": RBI Governor on
Updated : 2 years, 10 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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Rs 2,000 note withdrawal decision is disruption of economic system: AAP MP
Updated : 2 years, 10 months ago IST
Commenting on the withdrawal AAP lawmaker Sanjeev Arora said, "Withdrawal of these banknotes is a disruption of the economy. Withdrawal of currency notes at regular intervals doesn't give a positive outlook of the economy in the eyes of investors and other countries."
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No forms, ID cards needed for exchange of Rs 2000 banknotes: SBI
Updated : 2 years, 10 months ago IST
"Please arrange accordingly and extend all cooperation to members of the public so that the exercise is conducted in a smooth and seamless manner without any inconvenience to the public," SBI said in its communication.
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Ex-Chief Economic Advisor tweets why decision to withdraw Rs 2,000 currenc
Updated : 2 years, 10 months ago IST
According to him, his first reason was that: "The Rs 2000 notes are not being used much as a medium of exchange. In fact, they currently constitute only 10.8 per cent of Currency In Circulation (CiC)."
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"Timely move towards prudent currency management..." Colliers India on RBI
Updated : 2 years, 10 months ago IST
Reacting to the Reserve Bank of India's decision to withdraw Rs 2,000 currency notes from circulation, Vimal Nadar, the Head of Research at real estate firm Colliers India has called it a "timely" move aimed at "prudent currency management".
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Ahmedabad NIA court: Two get jail in 2018 fake currency note case
Updated : 2 years, 10 months ago IST
A special National Investigation Agency court in Gujarat's Ahmedabad has convicted two accused in a fake currency conspiracy case under which counterfeit notes were sought to be circulated in the state after being procured from West Bengal, the NIA said on Wednesday.
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Fake Indian currency notes worth Rs 25.20 lakh seized in Mizoram, 2 held
Updated : 2 years, 10 months ago IST
Mizoram police seized a large number of Fake Indian Currency Notes( FICN) of a total face value of Rs 25.20 lakh and arrested two persons on Tuesday night.
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NIA arrests one more person in 2021 Naupada fake currency case
Updated : 2 years, 10 months ago IST
Two days after searches at multiple locations in Maharashtra, the National Investigation Agency (NIA) on Friday made another arrest in the 2021 Naupada fake currency case, taking the total arrests to three.
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Fake currency seizure case involving D-Company: NIA raids 6 places in Mumb
Updated : 2 years, 10 months ago IST
The seizure was made following raids conducted on Wednesday. NIA had raided several properties of the accused and suspects, mostly houses and offices, as part of its continuing investigations in the case.
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Fake currency notes worth over Rs 2 lakh seized in Assam, 1 held
Updated : 2 years, 10 months ago IST
Based on secret information, a police team on Friday night launched an operation in the Borghat area near Nagaon town, the police said.
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Odisha: Fake currency notes worth Rs 10.5 lakh seized, four held
Updated : 2 years, 10 months ago IST
"We arrested 4 people with fake currency notes after conducting an operation in Naren village. Rs 10.5 lakh fake notes, 4 mobiles, and 3 bikes recovered. We are taking further action by registering a case," said SDPO Ankita Kumbhar.
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Assam: Police seizes fake Indian currency notes worth Rs 29.31 lakh in Nag
Updated : 2 years, 11 months ago IST
Police seized a huge quantity of Fake Indian Currency Note (FICN) of Rs 29.31 lakh and apprehended a person in Assam's Nagaon district on Friday, said police.
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