Search For "legal tender"
RBI to issue Rs 20 notes with new Governor Sanjay Malhotra's signature
Updated : 1 year ago IST
The new notes will retain the existing design and features of the current Rs 20 notes in circulation, except for the new governor's signature. The RBI also clarified that all previously issued Rs 20 banknotes will continue to be legal tender, as per the statement.
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Rs 12,000 cr remain in circulation, RBI says day ahead of Rs 2000 note exc
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 legal tender. However, the RBI had advised banks to stop issuing such banknotes with immediate effect.
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Authorisation of INR as designated currency does not make it a legal tende
Updated : 2 years, 10 months ago IST
The Central Bank of Sri Lanka (CBSL) has clarified certain misrepresentations of facts currently circulating in the public domain on Indian Rupee (INR).
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RBI says 88 pc of Rs 2,000 notes returned to banking system
Updated : 2 years, 10 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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2.51 pc of Rs 2,000 notes in circulation till June end: MoS Finance in Lok
Updated : 2 years, 10 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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Delhi HC dismisses plea challenging RBI's decision to withdraw Rs 2000 not
Updated : 2 years, 11 months ago IST
The Division bench of Justice Satish Chander Sharma and Justice Subramonium Prasad decided to dismiss the petitions. The RBI has opposed the plea, stating that Rs 2000 notes continue to be legal tender.
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Half of Rs 2,000 notes in circulation back in system: RBI Governor
Updated : 2 years, 11 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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BJP slams TMC for providing monetary aid to families of Odisha train accid
Updated : 2 years, 11 months ago IST
Notably, the Reserve Bank of India (RBI) on May 19 announced the withdrawal of Rs 2,000 notes from circulation while they continue to be legal tender.
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Delhi HC reserves order on another PIL challenging RBI decision to withdra
Updated : 2 years, 12 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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Chhattisgarh: Naxal commander's aides held while en route to deposit Rs 6
Updated : 3 years ago IST
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.
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Exchange of Rs 2,000 notes starts today; Here's all you may need to know
Updated : 3 years 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 : 3 years 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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