Will ₹1,000 Currency Notes Make a Comeback? RBI Governor Shaktikanta Das Breaks Silence
When questioned about the potential reintroduction of Rs 1,000 currency notes, Das responded with "that's speculative," indicating that there are no concrete plans or intentions to reintroduce them at this time.
May 22, 2023, 19:11 PM IST
Cash deposits of Rs 2.89 lakh crore in 13.33 lakh accounts post note ban under I-T radar
9.72 lakh persons have deposited Rs 2.89 lakh crore in 13.33 lakh accounts post demonetisation, the I-T department said.
Aug 31, 2017, 16:57 PM IST
Objective of demonetisation was to expand tax base, fight black money: Jaitley
Talking about return of 99 percent of junked currency into banking system, Jaitley said that money has now been identified with its owner.
Aug 30, 2017, 20:25 PM IST
7.62 lakh pieces of counterfeit notes detected in FY17: RBI
It also said that barring Rs 100, the detection of counterfeit notes increased across denominations - notably, Rs 500 and Rs 1,000 -- during the last fiscal.
Aug 30, 2017, 19:05 PM IST
Demonetisation: 99% of banned Rs 500/100 notes worth Rs 15.28 lakh crore back in system, says RBI
The Reserve Bank revealed in its annual report for 2016-17 that Rs 15.28 lakh crore, or 99 percent of the Rs 15.44-lakh-crore scrapped currency notes, had come back to the central bank between the government’s demonetisation decision and June 30, 2017.
Aug 30, 2017, 17:30 PM IST
Two orphans from Rajasthan discover Rs 96,000 in demonetised notes at home, urge PM Narendra Modi for help
The Union government on November 8 last year had demonetised high-value Rs 1,000 and Rs 500 notes, and asked citizens to get them exchanged at the RBI by March 31, 2017.
Mar 27, 2017, 09:35 AM IST
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
Australia govt asks citizens visiting India to use e-payments
Australian government has advised its citizens travelling to India to ensure their trip is planned in such a way so as not to depend on the availability of cash, claiming that some visitors are facing difficulties in exchanging 100 dollar notes in India after demonetisation.
Jan 06, 2017, 12:06 PM IST
Currency worth Rs 5.92 lakh crore issued since demonetisation
The Reserve Bank on Wednesday said banks have issued currency worth over Rs 5.92 lakh crore to the public since the demonetisation of old high value notes last month.
Dec 21, 2016, 17:38 PM IST
RBI's new restrictions on deposits of old Rs 500 and Rs 1,000 notes: Key facts you should know
RBI has decided to place certain restrictions on deposits of old Rs 500 and Rs 1000 notes into bank accounts.
Dec 19, 2016, 13:23 PM IST
This is what US thinks about Narendra Modi govt's demonetisation drive
The United States of America on Wednesday described the Indian government's demonetisation drive as "an important and necessary step" to crack down on "corruption and tax dodging”.
Dec 01, 2016, 12:47 PM IST
Demonetisation: Old Rs 500 and Rs 1,000 notes used to make plywood
The shredded old currency notes will be tossed with fine wood chips and then passed through a heavy press.
Nov 30, 2016, 13:36 PM IST
Demonetisation: No over-the-counter exchange of old Rs 500 and 1,000 currency notes at banks, only at RBI counters
The Reserve Bank of India said that it will continue to exchange of old Rs 500 and Rs 1,000 notes only at RBI counters.
Nov 25, 2016, 10:43 AM IST
Demonetisation: It cannot be business as usual any more
Amit Kapoor and Sankalp Sharma/IANS
Nov 23, 2016, 13:54 PM IST
Rs 20 crore Naxals' black money deposited in Chhattisgarh banks
Police said if the money was found to be of Naxals, legal action will be taken against the bank account holders.
Nov 23, 2016, 09:05 AM IST
Nepali migrants in India struggling to cope with demonetisation
There are about two million Nepalis living in New Delhi only.
Rs 73 lakh cash in Rs 500, 1000 notes seized from two cars on Nashik-Aurangabad road
Cash worth nearly Rs 73 lakh in now defunct denominations of Rs 1,000 and Rs 500 was seized from two cars in the district, police said on Thursday.
Nov 17, 2016, 13:14 PM IST
Wedding preparations: Families can get Rs 24,000 from banks in this UP city
The District Authorities have decided that families can avail Rs 24,000 from their bank accounts to prepare for the upcoming weddings of their kin during this month.
Nov 17, 2016, 12:29 PM IST
Govt to now demonetise Rs 100/Rs 50 notes, seal bank lockers and freeze jewellery? Know the truth
The Narendra Modi government is trying hard to dispel myths.
Nov 17, 2016, 11:01 AM IST
Demonetisation: People investing money in gold, foreign currency under scanner; CCTV footage of jewellery stores impounded
After the government banned old Rs 500 and Rs 1,000 notes, gold and bullion are said to be favoured route for laundering of ill-gotten wealth.
Nov 15, 2016, 12:28 PM IST
