Old notes

Have 97% of demonetised notes returned to banks? RBI says estimates may be incorrect

Both the government and the RBI are yet to come out with the official statement on how much have been deposited in various banks at the end December 30, the last date for depositing and exchange of junked Rs 500/1000 notes.

Jan 05, 2017, 15:24 PM IST

Note ban: RBI may have received Rs 15 lakh crore deposits of old notes

The Reserve Bank is believed to have received deposits close to Rs 15 lakh crore, of estimated Rs 15.4 lakh crore worth junked Rs 500/1,000 currency notes that were in circulation, from the 50-day demonetisation exercise that ended on December 30.

Jan 04, 2017, 23:14 PM IST

Demonetisation: PM Narendra Modi to address nation on New Year's eve

Prime Minister Narendra Modi will address nation on New Year's eve on Saturday. The address is scheduled at 7.30 p.m. The address is important since 50-day period sought by him to ease cash crunch ended on December 30.

Dec 31, 2016, 15:08 PM IST

Poor and farmers may get huge relief after 31st December

Poor and farmers may get huge relief after 31st December. Watch this special segment and get to know more here.

Dec 30, 2016, 15:47 PM IST

No Jail on the holding of old notes

No Jail on the holding of old notes. Watch this special segment and get to know more here.

Dec 30, 2016, 15:46 PM IST

Demonetisation to have transformative effect on economy: RBI Governor Urjit Patel

RBI Governor Urjit Patel on Thursday said the demonetisation exercise will have "far reaching changes" towards a transformative effect on the economy going forward, despite some short-term disruptions and "public hardship".

Dec 29, 2016, 20:12 PM IST

Ordinance on demonetisation: No jail term for holding old notes; minimum fine to be Rs 10,000

The Ordinance approved by the Union Cabinet on Wednesday to make holding of old 1,000 and 500 rupee notes after March 31 beyond a threshold amount a criminal offence will attract a minimum monetary fine of Rs 10,000.

Dec 29, 2016, 17:32 PM IST

Two arrested for converting demonetised Rs 500 and Rs 1,000 notes worth Rs 6 crore

Two persons have been arrested for converting demonetised Rs 500 and Rs 1,000 currency notes worth over Rs 6 crore into new currency on behalf of a Tamil Nadu-based businessman, the Enforcement Directorate (ED) said on Thursday.

Dec 29, 2016, 13:58 PM IST

Reports on the fifty days of note ban

Reports on the fifty days of note ban. Watch this special segment and get to know more here.

Dec 28, 2016, 23:19 PM IST

Cabinet approves new ordinance on old notes

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Dec 28, 2016, 23:18 PM IST

Penalty on holding of old notes

Penalty on holding of old notes. Watch this special segment and get to know more here.

Dec 28, 2016, 14:08 PM IST

Ordinance to do away with liability of govt, RBI on demonetised notes likely to come up before cabinet today

An ordinance to extinguish the liability of the government and the RBI on the demonetised high denomination notes is likely to come up before the Union Cabinet on Wednesday.

Dec 28, 2016, 12:08 PM IST

Reports on the big penalty over old notes

Reports on the big penalty over old notes. Watch this special segment and get to know more here.

Dec 27, 2016, 23:08 PM IST

Note ban: Ordinance planned to do away with liability of government, RBI

An ordinance to extinguish the liability of the government and the RBI on the demonetised high denomination notes is likely to come up before the Union Cabinet on Wednesday.

Dec 27, 2016, 22:58 PM IST

Possession of more than 10 old notes after Dec 30 may attract minimum Rs 50,000 penalty

With the old Rs 500 and Rs 1000 currency notes set to become completely illegal post December 30, the government is likely to come up with a new ordinance in regards to the usage of the old notes.

Dec 26, 2016, 18:59 PM IST

Demonetisation: I-T dept detects Rs 3,590 crore un-disclosed income

Income Tax department has detected over Rs 3,590 crore of un-disclosed income while more than Rs 93 crore in new notes have been seized as part of its country-wide operations against black money hoarders post the demonetisation of two high value currencies by the government.

Dec 22, 2016, 21:19 PM IST

Banned notes of Rs 1000 and Rs 500 seized in searches should be invested in fixed deposits: HC

Demonetised currency notes of Rs 1000 and Rs 500 denomination seized in corruption cases and other criminal matters and which is accounted for should be invested in fixed deposits with nationalised banks by December 30, the Madhya Pradesh High Court has ruled.

Dec 22, 2016, 18:17 PM IST