currency notes

No plans of introducing new Rs 1000 notes, Centre focusing on producing lower denomination currency: Shaktikanta Das

A day after reports about Rs 1000 notes coming into circulation surfaced, Secretary Economic Affairs Shaktikanta Das has refuted the view.

 

Feb 22, 2017, 11:33 AM IST

After calling Narendra Modi 'bigger brand' than Mahatma Gandhi, Haryana Minister Anil Vij withdraws comment​

Haryana minister Anil Vij said Mahatma Gandhi's photo would vanish from the currency notes.

Jan 14, 2017, 13:50 PM IST

Demonetisation: Govt seeks report on malpractices by bank officials

Days after Prime Minister Narendra Modi warned those who indulged in malpractices during the 50-day demonetisation drive, the Finance Ministry has asked public sector banks to submit a report on the involvement of officials illegally changing currency notes.

Jan 03, 2017, 17:12 PM IST

Reports and discussion on the impact of note ban in 2017 | Part I

Reports and discussion on the impact of note ban in 2017. Watch this special segment and get to know more here.

Dec 27, 2016, 00:21 AM IST

RBI had only Rs 4.94 lakh crore in 2,000 rupee notes on day of demonetisation announcement: RTI

Reserve Bank of India (RBI) has informed that it had only Rs 4.94 lakh crore in 2,000 rupee notes on the day the central government announced scrapping of high denomination notes of Rs 500 and Rs 1,000. 

Dec 19, 2016, 18:00 PM IST

Now, you cannot use the old Rs 500 notes anymore, anywhere

From Friday, the old Rs 500 note can no longer be used for paying utility bills, school fees and fees in Central or State Government colleges, recharging pre-paid mobiles or anything.

Dec 15, 2016, 23:33 PM IST

Bank unions ask RBI to issue lower-denomination currency notes on urgent basis

In a statement issued to Reserve Bank of India (RBI), Bank Employees Federation of India (BEFI) has asked the central bank to urgently issue lower-denomination notes. 

Dec 15, 2016, 10:24 AM IST

RBI advises banks to store CCTV recordings of operations at bank branches from Nov 8 to Dec 30

Briefing media On Tuesday, Reserve Bank of India (RBI) officials informed that Rs 12.44 lakh crore have been collected at banks in demonetised notes till December 10.

Dec 13, 2016, 16:59 PM IST

ED arrests 7 middlemen; takes in custody Rs 93 lakh new currency notes in Karnataka

The Enforcement Directorate (ED) has unearthed a big racket that dealt in illegal conversion of demonetised currency notes and arrested seven alleged middlemen.

Dec 13, 2016, 10:38 AM IST

Rs 2.5 crore in new notes among Rs 10 crore seized from Delhi law firm

Delhi Police  raided the office of a law firm in southeast Delhi's Greater Kailash-I area and recovered Rs 10 crore in cash, of which Rs 2.5 crore was in new banknotes released after demonetisation.

Dec 11, 2016, 01:27 AM IST

Delegalising notes will have positive implications: Subbarao

The Indian government's decision to delegalise high denomination currency notes may hurt growth in short-term, but in the medium- to long-term it will have positive macroeconomic implications, former RBI Governor D Subbarao has said.

Dec 06, 2016, 23:47 PM IST

PIL against demonetisation: Delhi HC declines immediate relief

The Delhi High Court on Wednesday refused to pass any interim order on a PIL seeking a direction to the Centre to remove the cap on daily withdrawal of money deposited by the public in banks before demonetisation of Rs 500 and Rs 1,000 currency notes.

Nov 23, 2016, 14:40 PM IST

Andhra Pradesh: Currency exchange gang busted, old and new notes seized

The Andhra Pradesh police have arrested a gang of 17 people including a woman and seized Rs 6,80,000 from them for allegedly exchanging banned currency on commission basis for new currency.

Nov 22, 2016, 09:03 AM IST

Demonetisation: Issue Rs 200 currency notes, industry chamber urges government

The All India Association of Industries (AIAI) on Thursday urged the government to come out with new Rs 200 currency notes to help tide over the ongoing crisis following demonetisation of Rs 500 and Rs 1,000 notes.
 

Nov 17, 2016, 17:58 PM IST

Modi cuts the Gordian's knot of black money

Amulya Ganguli/IANS

Nov 15, 2016, 09:51 AM IST

Roll back demonetisation or face rollback yourselves: Shiv Sena warns Modi govt

The Shiv Sena has warned Prime Minister Narendra Modi to roll back the demonetisation scheme, or be at the receiving end of an angered public, which has been massively inconvenienced by this tectonic scheme.When told that the Prime Minister had firmly ruled out any possibility of a roll back, Shiv

Nov 15, 2016, 09:30 AM IST

Foreign media hails PM Modi's bold currency move, compares him with Singapore's Lee Kuan Yew

The Singapore-based The Independent said that the “sudden move by the Indian prime minister has brought new respect for him”. 

Nov 14, 2016, 19:57 PM IST

Exemption on old series of Rs 500, Rs 1000 notes for certain categories extended till November 24

Economic affairs secretary Shaktikanta Das on Monday said that government has extended the date of accepting old series of Rs 500 and Rs1000 for certain categories.

Nov 14, 2016, 07:19 AM IST

New currency notes of Rs 500: Key features you need to know

Let's take a look at the features of new Rs 500 notes.

Nov 14, 2016, 04:08 AM IST

PM Narendra Modi holds late night meeting with senior ministers on demonetisation

Prime Minister Narendra Modi held meeting with senior ministers on demonetisation late on Sunday night.

Nov 14, 2016, 02:50 AM IST