Note Ban
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RBI says 93% of Rs 2,000 notes worth Rs 3.32 lakh crore back with banks
Business | Sep 01, 2023, 05:12 PM ISTThe Reserve Bank of India on Friday informed that about 93 per cent of Rs 2,000 currency notes have been returned to the banks.
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'PM Modi was not at all in favour of Rs 2,000 notes,' says Former Principal Secretary
India | May 22, 2023, 09:43 PM ISTPM Modi was not at all in favour of Rs 2,000 notes. But, as demonetisation was to be done in a limited time, he gave reluctant permission for it, said former Principal Secretary to Prime Minister Narendra Modi.
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From chip rumour to withdrawal of Rs 2,000 - A look back to incidents related to demonetisation
India | May 20, 2023, 06:21 AM ISTRs 2,000 notes to be withdrawn: The demonetisation witnessed a number of stories some of them were hilarious while others were heart-rending.
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Rs 2,000 notes to be withdrawn from circulation. Funny reactions flood social media
Trending | May 19, 2023, 09:53 PM ISTThe RBI said that people can exchange of Rs 2,000 notes into currency notes of other denominations up to a limit of Rs 20,000 at a time at any bank starting from May 23, 2023. The RBI has advised banks to stop issuing Rs 2,000 denomination banknotes with immediate effect.
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Rs 2,000 notes to be withdrawn from circulation. Why you should not panic? | 5 points
India | May 19, 2023, 09:27 PM ISTRBI will withdraw Rs 2,000 currency note from circulation but it will continue to remain a legal tender.
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Timeline of demonetisation case: How note ban fared so far
India | Jan 02, 2023, 02:52 PM ISTDemonetisation case: Since November 8, 2016 to till date, the note ban has been a flashpoint between the government and Opposition parties. Both sides invoked their own arguments on one of the boldest decisions of the Modi government.
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Demonetisation decision does not suffer from any constitutional flaws: SC junks all 58 pleas
India | Jan 03, 2023, 06:15 AM ISTDemonetisation case: The RBI had earlier admitted in its submissions that there were "temporary hardships" and that those too are an integral part of the nation-building process, but there was a mechanism by which the problems that arose were solved.
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Another demonetisation by PM Modi! Here's how it happened - Details
Business | Nov 08, 2022, 06:18 PM ISTDemonetisation: The Modi government had discontinued old series Rs 500, Rs 1000 notes on December 8, 2016.
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'No apology': Rahul Gandhi takes swipe at Modi govt on 5 years of demonetisation
India | Nov 09, 2021, 12:05 AM ISTCongress leader Rahul Gandhi takes a swipe at the Modi government on 5 years of demonetisation saying there is no apology for it.
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Haqikat Kya Hai | Fact Check on the benefits of Demonetisation
Hakikat Kya Hai | Nov 08, 2021, 10:20 PM ISTAs the nation witnesses 5 years of demonetisation, here is a fact check on the success of the decision that shocked the nation.
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Is RBI banning ₹5, ₹10 and ₹100 notes? Here's the truth
Business | Jan 24, 2021, 08:55 PM ISTIs the Reserve Bank of India (RBI) planning to ban ₹5, ₹10, and ₹100 notes in the country? Ever since India announced the demonetization of ₹500 and ₹1,000 banknotes in the year 2016, there has been similar speculation about other denominations every now and then. Recently, a report claimed that the central bank was banning ₹5, ₹10, and ₹100 notes and that they won't be in circulation from March 2021. But how true is it?
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Over 14 thousand people lost jobs in Maharashtra in fiscal after note ban
India | Mar 02, 2020, 08:33 PM ISTMaharashtra Industries minister Subhash Desai on Monday said 14,787 industrial employees lost their jobs during 2017-18, the fiscal that followed after the demonetisation decision was taken by the Narendra Modi government in its first term.
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Note ban was futile exercise, knew it would ruin lives: Mamata
India | Nov 08, 2019, 11:17 AM ISTOn the first anniversary of note ban, she had turned her Twitter display picture black in protest.
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Twenty-year-old law allowing circulation of demonetised notes from Reserve Bank gets scrapped
Business | Aug 04, 2019, 04:41 PM ISTA law which allowed the Reserve Bank of India (RBI) to circulate Rs 1000 denomination notes in the late 1990s, to tide over the shortage of currency has been scrapped. On Friday, Parliament passed a bill to repeal 58 laws from the statute books. The High Denomination Bank Notes (Demonetisation) Amendment Act, 1998 is one of 58 "redundant" laws repealed last week.
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PM Modi, Rahul Gandhi exchange angry ‘notes’ over note-ban at poll rallies in MP, Chhattisgarh
Elections | Nov 16, 2018, 11:46 PM ISTRahul Gandhi accused Prime Minister Narendra Modi of "robbing" the hard-earned money of the poor and giving it to a few rich.
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2 years of demonetisation: BJP slams Congress for criticising note ban, puts up 10 questions
National | Nov 08, 2018, 01:24 PM IST'Why does Congress find merit in protesting against every anti-corruption measure of the Government of India? What do they fear?'
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RBI Governor to brief Parliamentary panel for third time on govt's demonetisation move, impact on November 12
India | Oct 28, 2018, 08:21 PM ISTThe government had scrapped Rs 500 and Rs 1,000 notes on November 8, 2016 and announced issuance of new Rs 500 and Rs 2,000 notes.
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Kurukshetra, Sept 5: Congress attack BJP over Rafale, demonetisation and other issues
Kurukshetra | Sep 05, 2018, 08:01 PM ISTKurukshetra, Sept 5: Congress attack BJP over Rafale, demonetisation and other issues
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Jaitley defends note ban, hits back at Opposition for calling it 'failure'
Business | Aug 30, 2018, 07:37 PM ISTGiving account of several feats achieved by the government on the back of demonetisations, the FinMin claimed that the note ban helped in the formalisation of the economy, brought more money in the system, resulted in higher tax revenue, higher expenditure and higher growth after the first two quarters.
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Note Ban: 99.30 percent of the demonetised notes are back, says RBI
News | Aug 29, 2018, 02:46 PM ISTNote Ban: 99.30 percent of the demonetised notes are back, says RBI