Prime Minister Narendra Modi was not in favour of Rs 2000 notes coming into circulation but reluctantly agreed to it after he was told that there was a lack of capacity to print smaller currency notes as demonetisation has to be done in a limited time, Nripendra Misra, former Principal Se
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
Five thousand first-year undergraduate students from 27 states and four Union Territories will be awarded the Reliance Foundation Undergraduate Scholarships for 2022-23. Selected scholars will receive a grant of up to Rs 2 lakh and an opportunity to be part of an enabling alumni network.
The Governor said this Rs 2000 note was primarily issued to replenish money, taken out from the system during the demonetisation of Rs 500 notes and Rs 1,000 notes.
A Public Interest Litigation (PIL) has been moved in Delhi High Court challenging Reserve Bank of India (RBI) and State Bank of India (SBI) notifications, which permits the exchange of Rs. 2000 banknotes without obtaining any requisition slip and identity proof.
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."
"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.
In his letter to FM Sitharama on Saturday, he anticipated that "notorious and corrupt" DMK leaders will use the "machinery at their disposal" to exchange their ill-earned 2000 rupee notes.
Delhi's Rohini Court has awarded a compensation of Rs Two crore to the family of a government official, who died in a road accident, caused by a high-speed car in Rohini Area in 2019.
Slamming the Centre over the Reserve Bank of India's decision to withdraw Rs 2,000 notes from circulation, Chhattisgarh Chief Minister Bhupesh Baghel on Saturday accused the Bharatiya Janata Party (BJP) government of misusing around Rs 1,600-1,700 crore on printing of notes.
"Last time (in 2016), new notes were introduced, which were not even fitting into the ATMs. Now again people have to put money in banks. A country can't afford such decisions as it affects people," the MNS chief added.
"If someone has accumulated black money, then they will definitely have problems while changing the note, they will have to tell from where these notes came from," Fadnavis said.