Search For "legal tender"
RBI to issue new Rs.100 notes
Updated : 8 years, 9 months ago IST
New Delhi [India], Dec. 6 (ANI): The Reserve Bank of India (RBI) on Tuesday announced that it would soon issue Rs. 100 denomination notes in the Mahatma Gandhi Series-2005, without inset letter in both the numbering panels. However, all the previous Rs. 100 notes issued by the bank will cont
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RBI to soon issue Rs. 20, Rs. 50 new notes
Updated : 8 years, 9 months ago IST
New Delhi [India], Dec. 4 (ANI): The Reserve Bank of India (RBI) will soon issue new Rs. 20 and Rs. 50 notes and all old notes issued by it will continue to be legal tender.
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RBI provides some relief to people depositing in legal tender
Updated : 8 years, 9 months ago IST
New Delhi [India], Nov 29 (ANI): The Reserve Bank of India (RBI) on Tuesday announced that people can withdraw the amount over and above a weekly limit of Rs. 24,000 if the deposits had been made in legal tender.
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Demonetisation hits traders; approx 90 pct witness decline in business
Updated : 8 years, 9 months ago IST
New Delhi [India], Nov 25 (ANI): The decision of the Centre to cancel the legal tender notes of Rs. 500 and Rs. 1000 has taken its toll on 90 percent traders across India as they are experiencing a decline in their business ranging from 0-90 percent.
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Demonetisation: PMJDY witnesses massive jump in deposits
Updated : 8 years, 9 months ago IST
New Delhi [India], Nov. 23 (ANI): Ever since Prime Minister Narendra Modi announced that Rs. 1,000 and Rs. 500 currency notes would no longer be legal tender, the bank accounts opened under the Pradhan Mantri Jan-Dhan Yojana (PMJDY) witnessed a massive jump in their deposits.
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Centre to constitute teams to report about status of demonetisation implem
Updated : 8 years, 9 months ago IST
New Delhi [India], Nov. 21 (ANI): The Central Government has decided to constitute teams of additional secretaries, joint secretaries and directors - each team consisting of up to two to three officers for each state or UT - which will visit various states and UTs and will report to the Cent
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MNS moves SC against Maha Govt's unpreparedness over demonetisation
Updated : 8 years, 9 months ago IST
New Delhi [India], Nov. 18 (ANI): A petition was filed before the Supreme Court today by a Maharashtra Navnirman Sena (MNS) activist against the Maharashtra government for not making proper arrangements after the Centre cancelled the legal tender of Rs 500 and Rs.1000 on November 8.
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Rs 91.5 lakh cash reported to be seized from Maharashtra Cooperation Minis
Updated : 8 years, 9 months ago IST
Osmanabad (Maharashtra) [India], Nov. 18 (ANI): Rs 91.5 lakh cash in denomination of Rs. 1,000, which is no legal tender anymore, was seized allegedly from BJP's Maharashtra Cooperation Minister Subhash Deshmukh's vehicle in Umarga town of Maharashtra's Osmanabad district.
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Centre announces relief measures post-demonetisation
Updated : 8 years, 9 months ago IST
New Delhi [India], Nov. 17 (ANI): In the aftermath of the cancellation of the legal tender character of the old Rs. 500 and Rs. 1,000 notes, the Government of India has received several suggestions including those from the State Governments.
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There are inconveniences but demonetisation will benefit the nation: Raju
Updated : 8 years, 9 months ago IST
Mumbai (Maharashtra) [India], Nov. 13 (ANI): Backing Prime Minister Narendra Modi's decision to cancel the legal tender of Rs. 500 and Rs.1000, Bollywood director Raju Hirani on Saturday lauded the former for taking a "bold" and "innovative" step to curb the menace o
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Currency scrapping issue: a big 'hotch-potch', says Derek O'
Updated : 8 years, 9 months ago IST
New Delhi [India], Nov. 11 (ANI): Calling it a big 'hotch-potch', Trinamool Congress (TMC) on Friday said that Prime Minister Narendra Modi's decision to cease the legal tender of Rs. 500 and Rs. 1,000 notes is a 'poorly implemented hasty decision'.
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Scrapping of Rs. 500, 1000 notes will deal body blow to terror financing:
Updated : 8 years, 9 months ago IST
New Delhi [India], Nov. 9 (ANI): Welcoming the government's decision to declare that all Rs. 1000/500 currency notes will cease to be legal tender from Tuesday midnight, FICCI president Harshavardhan Neotia said the move will have debilitating impact on the parallel economy in the count
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