Over-the-counter notes exchange limit reduced to Rs. 2,000 from Friday
8 years, 4 months ago

Over-the-counter notes exchange limit reduced to Rs. 2,000 from Friday

The Hindu  

In an effort to reduce the burden of demonetisation on the common man, Economic Affairs Secretary Shaktikanta Das said on Thursday that families can withdraw up to Rs. “To enable larger number of people to get benefit of over-the-counter exchange of Rs 500 and Rs 1,000 notes, the existing limit of Rs 4,500 will be reduced to Rs 2,000 with effect from tomorrow,” Mr.Das told reporters. To ensure sowing in Rabi season, the government has allowed farmers to withdraw Rs 25,000 a week against crop loan/kissan credit card. Prime Minister Narendra Modi had on November 8 demonetised Rs 500 and Rs 1,000 notes in his bigger war against black money, terror financing and counterfeit notes.

Das Notes Exchange Rs 500  minister  2000  cash  withdraw  reduced  1000  rs  500  exchange  overthecounter  ease  notes  limit

History of this topic

97.76 per cent of Rs 2,000 currency notes returned, says RBI
10 months, 3 weeks ago

97.76 per cent of Rs 2,000 currency notes returned, says RBI

India TV News  

The Reserve Bank of India revealed that as of May 2, 97.76% of the Rs 2,000 currency notes in circulation since May 19, 2023, have been reintegrated into the banking system. The total value of Rs 2,000 banknotes dropped significantly from Rs 3.56 lakh crore in May 2023 to just Rs 7,961 crore by April 30, 2024, marking a substantial …

Indians still hold Rs 10,000 cr in Rs 2,000 notes being phased out
1 year, 5 months ago

Indians still hold Rs 10,000 cr in Rs 2,000 notes being phased out

Firstpost  

Individuals or entities can exchange Rs 2,000 banknotes at the 19 RBI offices up to a limit of Rs 20,000 at a time. However, there is no limit on the total amount for getting Rs 2,000 notes credited into bank accounts. Reserve Bank Governor Shaktikanta Das on Friday said Rs 2,000 denomination notes are coming back and only Rs 10,000 …

RBI not considering re-introduction of Rs 1,000 notes: Sources
1 year, 5 months ago

RBI not considering re-introduction of Rs 1,000 notes: Sources

India TV News  

The Reserve Bank of India is not mulling re-introduction of Rs 1,000 currency notes, sources said, amid speculations that Rs 1,000 notes may be re-introduced after the RBI announced the withdrawal of Rs 2,000 currency notes. Demonetisation On November 8, 2016, Prime Minister Narendra Modi addressed the nation and announced the demonetisation of Rs 500 and Rs 1,000 currency notes. …

What options are available after deadline to exchange Rs 2,000 notes is over? | DETAILS
1 year, 5 months ago

What options are available after deadline to exchange Rs 2,000 notes is over? | DETAILS

India TV News  

Rs 2,000 notes deadline over: The last day for the public to avail of exchange or to deposit high-value Rs 2,000 banknotes at the banks was Saturday. According to the RBI, Rs 2,000 notes can continue to be exchanged by individuals or entities at the 19 RBI Issue Offices up to a limit of Rs 20,000 at a time; or …

RBI extends last date of depositing Rs 2000 notes to October 7
1 year, 5 months ago

RBI extends last date of depositing Rs 2000 notes to October 7

Op India  

On Saturday, September 30, the Reserve Bank of India issued a press release wherein it specified that the last date for depositing Rs 2000 notes has been extended to October 7, which means that the public has another week to deposit the currency in the banks. The options specified are as follows: Rs 2000 banknotes can continue to be exchanged …

RBI extends deadline to exchange ₹2,000 notes till October 7
1 year, 5 months ago

RBI extends deadline to exchange ₹2,000 notes till October 7

Hindustan Times  

The Reserve Bank of India has extended the deadline for the exchange of ₹2000 notes till October 7. b) ₹2000 banknotes can continue to be exchanged by individuals / entities at the 19 RBI Issue Offices up to a limit of ₹20,000/- at a time. c) Individuals / Entities can tender ₹2000 banknotes at the 19 RBI Issue Offices for …

Rs 2,000 note exchange, deposit deadline nears: All you need to know
1 year, 6 months ago

Rs 2,000 note exchange, deposit deadline nears: All you need to know

India TV News  

Rs 2,000 note : The deadline to exchange or deposit the Rs 2,000 note is inching closer in India. 2,000 rupee notes deposits made in RBI: The Reserve Bank of India said that as much as 93 per cent of Rs 2,000 currency notes that were in circulation on May 19- the day when the currency was withdrawn from circulation- …

Three-fourth of ₹2000 currency notes in circulation have returned to banks: Govt
1 year, 8 months ago

Three-fourth of ₹2000 currency notes in circulation have returned to banks: Govt

Live Mint  

New Delhi: Indian banks have received ₹2.72 trillion worth of ₹2,000 banknotes up to 30 June, after the Reserve Bank of India announced their withdrawal on 19 May, said Union Minister of State for Finance Pankaj Chaudhary in a written reply to a question in Rajya Sabha. In a surprise move, RBI announced withdrawal of ₹2,000 notes from circulation but …

‘No plan to extend’: Deadline to exchange ₹2,000 notes on Sept 30, says FinMin
1 year, 8 months ago

‘No plan to extend’: Deadline to exchange ₹2,000 notes on Sept 30, says FinMin

Hindustan Times  

The finance ministry on Monday said there is no proposal to extend the deadline for the exchange of ₹2,000 notes beyond September 30, 2023. The Reserve Bank, in a surprise move, on May 19 announced withdrawal of ₹2,000 notes from circulation but gave public time till September 30 to either deposit such notes in accounts or exchange them at banks. …

‘Over Two-Third Of Rs 2,000 Notes Have Returned To System’: RBI Governor
1 year, 9 months ago

‘Over Two-Third Of Rs 2,000 Notes Have Returned To System’: RBI Governor

News 18  

Reserve Bank of India Governor Shaktikanta Das on Sunday said that within a month of the withdrawal order of Rs 2,000 notes, more than two-thirds of the total currency in circulation has returned to the system. Speaking in an interview with PTI, Governor Shaktikanta Das said, “More than two-thirds or Rs 2.41 lakh crore worth of the Rs 3.62 lakh …

Currency In Circulation Dips To 5.3% Due To Rs 2,000 Note withdrawal; Digital Payments Rise RBI Bulletin
1 year, 9 months ago

Currency In Circulation Dips To 5.3% Due To Rs 2,000 Note withdrawal; Digital Payments Rise RBI Bulletin

ABP News  

Currency in circulation, which is the largest part of the reserve money, declined to 5.3 per cent from 8.3 per cent in the year-ago period due to the withdrawal of Rs 2,000 notes from circulation and an increase in digital mode of payments, the Reserve Bank of India said in its bulletin on Friday. The RBI also reported that reserve …

RBI Has No Plan To Withdraw Rs 500 Note Or Bring Rs 1,000 Note; All You Need To Know
1 year, 9 months ago

RBI Has No Plan To Withdraw Rs 500 Note Or Bring Rs 1,000 Note; All You Need To Know

News 18  

Reserve Bank of India’s Governor Shaktikanta Das on June 8 made it clear that RBI is not thinking of withdrawing Rs 500 notes, or even re-introducing notes in the Rs 1,000 denomination, and requested the public not to speculate on this. While announcing the decisions of the Monetary Policy Committee on Thursday, Das also informed that about 50% of Rs …

Exchange Rs 2,000 denomination currency notes without ID proof is valid: Court dismisses plea
1 year, 9 months ago

Exchange Rs 2,000 denomination currency notes without ID proof is valid: Court dismisses plea

India TV News  

The Delhi High Court on Monday dismissed a petition challenging the notifications enabling the exchange of Rs 2,000 denomination currency notes without any requisition slip and ID proof, saying it has been done to avoid inconvenience to citizens, and the court cannot sit as an appellate authority on a policy decision. The high court said the Public Interest Litigation is …

Himachal: Devotee donates ₹8 lakh in ₹2,000 notes at Jawalaji Temple
1 year, 10 months ago

Himachal: Devotee donates ₹8 lakh in ₹2,000 notes at Jawalaji Temple

Hindustan Times  

Two days after the Reserve Bank of India announced the withdrawal of ₹2,000 banknotes from circulation, the authorities at Jwalaji Temple in Kangra district found 400 notes of the denomination in its donation box. A day after the Reserve Bank of India announced the withdrawal of ₹ 2,000 banknotes from circulation, the authorities at Jawalaji Temple in Kangra district found …

What India’s removal of 2,000 Rupee notes means for the economy?
1 year, 10 months ago

What India’s removal of 2,000 Rupee notes means for the economy?

Hindustan Times  

India is withdrawing its highest value currency note from circulation, giving consumers and businesses a four-month deadline to exchange or deposit the legal tender, a move reminiscent of a shock demonetization exercise in 2016. Announcing the move late Friday, the Reserve Bank of India said the 2,000 rupee notes had reached the end of their estimated life span. The central …

People Queue Up At Banks To Exchange Rs 2,000 Notes: WATCH
1 year, 10 months ago

People Queue Up At Banks To Exchange Rs 2,000 Notes: WATCH

ABP News  

People queued up at banks in Patna and Lucknow to exchange Rs 2,000 currency notes exchanged after RBI announced its withdrawal. Visuals of people at SBI in Patna exchanging their Rs 2,000 currency notes. Another visual of people depositing Rs 2,000 currency notes surfaced on social media. VIDEO | Visuals of SBI e-lounge customers depositing Rs 2,000 currency notes in …

'PM Modi was not at all in favour of Rs 2,000 notes,' says Former Principal Secretary
1 year, 10 months ago

'PM Modi was not at all in favour of Rs 2,000 notes,' says Former Principal Secretary

India TV News  

Prime Minister Narendra Modi was not at all in favour of Rs 2,000 notes as he never considered it to be as note of the poor but as demonetisation was to be done in a limited time, he gave reluctant permission for it, said Nripendra Misra, Former Principal Secretary to the Prime Minister. But, as demonetisation was to be done …

₹2000 note withdrawal could make people buy gold, real estate: Report
1 year, 10 months ago

₹2000 note withdrawal could make people buy gold, real estate: Report

Hindustan Times  

India withdrawing its highest value currency notes from circulation may push some consumers to buy precious metals and real estate, giving a temporary boost to Asia’s third-largest economy. “But overall if we look at the macro environment, it is more likely to be driven by fundamental factors.” The Reserve Bank of India late on Friday gave citizens until Sept. 30 …

Congress cries foul over phasing out of Rs 2000 currency notes: How several Congress govt followed the ‘demonetisation’ path to control black money
1 year, 10 months ago

Congress cries foul over phasing out of Rs 2000 currency notes: How several Congress govt followed the ‘demonetisation’ path to control black money

Op India  

On 19th May 2023, the Reserve Bank of India announced that it is withdrawing the circulation of ₹2000 currency notes. But while accusing the Modi government of miscalculating demonetisation in 2016 and withdrawing Rs 2000 notes in 2023, congress has forgotten the currency decisions it took. In the first demonetisation, Rs 500, Rs 1,000 and Rs 10,000 notes were demonetised …

Rs 2,000 note will continue to be legal tender, no reason to rush to banks: RBI
1 year, 10 months ago

Rs 2,000 note will continue to be legal tender, no reason to rush to banks: RBI

India TV News  

Shaktikanta Das, governor of the Reserve Bank of India, said on Monday that no one should rush to return or exchange their 2,000 rupee notes, a day before people start approaching banks to give up the high-value notes. The chief of the RBI added, "Rs 2000 bank notes were introduced primarily to replenish the notes withdrawn following demonstration." The governor …

Will Rs 1,000 notes make a comeback? Here's what RBI Governor says
1 year, 10 months ago

Will Rs 1,000 notes make a comeback? Here's what RBI Governor says

India TV News  

Will Rs 1,000 notes make a comeback after the Reserve Bank of India announced the discontinuation of Rs 2,000 currency notes from the market. Well speaking on the matter, RBI Governor Shaktikanta Das has said that the RBI does not have any plans to re-introduce Rs 1,000 notes after its order to withdraw Rs 2,000 denomination from circulation. The Reserve …

Jewellers getting more inquiries for gold after RBI withdraws Rs 2,000 notes | Here are full details
1 year, 10 months ago

Jewellers getting more inquiries for gold after RBI withdraws Rs 2,000 notes | Here are full details

India TV News  

Rs 2,000 note ban: Jewellers in India, the world's second largest gold consuming country after China, have started receiving more inquiries for purchase of gold or silver immediately after the Reserve Bank's announcement to withdraw Rs 2,000 notes from circulation. In fact in the last two days, the actual gold purchase has been less in exchange of Rs 2,000 notes …

'Only Those Who Accumulated Rs 2000 Notes Illegally Are Crying': Haryana Minister Anil Vij On RBI Move
1 year, 10 months ago

'Only Those Who Accumulated Rs 2000 Notes Illegally Are Crying': Haryana Minister Anil Vij On RBI Move

ABP News  

New Delhi: Haryana's Home Minister Anil Vij has said that only those who accumulated Rs 2,000 currency notes illegally are crying over the Reserve Bank of India's decision to withdraw the highest-value currency note from circulation. In a surprise move, on Friday, RBI announced the withdrawal of Rs 2,000 currency notes from circulation but gave the public time till September …

2000 Rs Note Exchange SBI No Forms ID Proof Requisition Slip Needed Upto Limit Rs 20000 State Bank of India
1 year, 10 months ago

2000 Rs Note Exchange SBI No Forms ID Proof Requisition Slip Needed Upto Limit Rs 20000 State Bank of India

ABP News  

In yet another development into the withdrawal of Rs 2,000 currency notes, the State Bank of India has issued a clarification regarding the exchange of Rs 2,000 currency notes. The SBI in a circular which was issued on Saturday said that people don't need to fill out requisition forms if a person wishes to exchange their Rs 2,000 currency notes …

₹2,000 notes withdrawn: most city residents not bothered; a few peeved
1 year, 10 months ago

₹2,000 notes withdrawn: most city residents not bothered; a few peeved

The Hindu  

Residents of the Capital seem unaffected by the Reserve Bank of India’s decisions to pull out ₹2,000 notes from circulation, as many of them have not seen the currency in a while. Vijay Rajput, a grocery shop owner at Laxmi Nagar, said, “Small business owners like us don’t have ₹2,000 currency. People with big businesses and transactions in crores might …

Demonetisation in India in 10 stories: Understanding the Rs. 2000 ban
1 year, 10 months ago

Demonetisation in India in 10 stories: Understanding the Rs. 2000 ban

The Hindu  

Published : May 20, 2023 20:21 IST - 1 MIN READ The Reserve Bank of India made a significant announcement on May 19 regarding the withdrawal of the highest denomination currency note in circulation, the Rs 2,000 note. While reaffirming its status as legal tender, the central bank stated that existing Rs 2,000 notes could be deposited or exchanged in …

Withdrawal of ₹2,000 notes will have no perceptible effect on economy: Panagariya
1 year, 10 months ago

Withdrawal of ₹2,000 notes will have no perceptible effect on economy: Panagariya

The Hindu  

The RBI's decision to withdraw ₹2,000 currency notes from circulation will not have any 'perceptible effect' on the economy as any such notes returned will be replaced by either equivalent cash in lower denomination notes or a deposit, former NITI Aayog Vice Chairman Arvind Panagariya has said. Any currency in ₹2,000 notes returned will be replaced by either equivalent cash …

India announces surprise withdrawal of highest-value banknotes
1 year, 10 months ago

India announces surprise withdrawal of highest-value banknotes

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy India is withdrawing its highest …

What to do with 2,000 rupee notes? How to exchange?
1 year, 10 months ago

What to do with 2,000 rupee notes? How to exchange?

India Today  

All Rs 2,000 notes need to be deposited or exchanged with the bank latest by September 30, 2023, as the Reserve Bank of India has announced the withdrawal of Rs 2,000 notes from circulation, under the clean note policy. The objective of the Reserve Bank's clean note policy is to provide good quality currency notes and coins to the citizens. …

₹2,000 banknotes withdrawal will help curb…: Ex RBI official
1 year, 10 months ago

₹2,000 banknotes withdrawal will help curb…: Ex RBI official

Live Mint  

Ex-Reserve Bank of India Deputy Governor R Gandhi has said that withdrawal of the ₹2,000 banknotes will help in curbing black money to a “great extent”, PTI reported. On Friday, the RBI announced the withdrawal of ₹2,000 currency notes from circulation, and existing notes in circulation can either be deposited in bank accounts or exchanged by September 30. The ₹2,000 …

Trick to hide BJP's Karnataka disaster, says MK Stalin as Rs 2,000 notes withdrawn
1 year, 10 months ago

Trick to hide BJP's Karnataka disaster, says MK Stalin as Rs 2,000 notes withdrawn

India Today  

Tamil Nadu Chief Minister MK Stalin took a potshot at the Bharatiya Janata Party after the Reserve Bank of India’s decision to withdraw Rs 2,000 notes from circulation. He took to Twitter and said, “500 doubts, 1000 mysteries, 2000 errorsâ€æTrying to hide Karnataka disaster using a single trick.” The RBI, on Friday, decided to withdraw Rs 2,000 denomination banknotes from …

'We'll not see any perceptible effect on economy': Ex-NITI Aayog Vice Chairman on 2,000 notes withdrawal
1 year, 10 months ago

'We'll not see any perceptible effect on economy': Ex-NITI Aayog Vice Chairman on 2,000 notes withdrawal

India TV News  

2,000 notes withdrawal: A day after the withdrawal of Rs 2,000 currency notes from circulation, former NITI Aayog Vice Chairman Arvind Panagariya said the RBI's decision will not have any 'perceptible effect' on the economy as any such notes returned will be replaced by either equivalent cash in lower denomination notes or a deposit. Any currency in Rs 2,000 notes …

Why RBI is withdrawing Rs 2,000 notes from circulation?
1 year, 10 months ago

Why RBI is withdrawing Rs 2,000 notes from circulation?

India TV News  

Rs 2,000 notes to be withdrawn: The Reserve Bank of India on Friday announced that it will withdraw the circulation of Rs 2,000 currency notes but said that the notes will continue to remain a legal tender. The exchange of Rs 2,000 notes into bank notes of other denominations can be made upto a limit of Rs 20,000 at a …

RBI to withdraw ₹2,000 notes from circulation
1 year, 10 months ago

RBI to withdraw ₹2,000 notes from circulation

The Hindu  

The Reserve Bank of India, on May 19, decided to withdraw ₹2,000 note from circulation. “In view of the above, and in pursuance of the ‘Clean Note Policy’ of the Reserve Bank of India, it has been decided to withdraw the ₹2,000 denomination bank notes from circulation,” the RBI said. “Members of the public are encouraged to utilise the time …

Rs 2,000 notes to be withdrawn from circulation. Funny reactions flood social media
1 year, 10 months ago

Rs 2,000 notes to be withdrawn from circulation. Funny reactions flood social media

India TV News  

Rs 2,000 notes to be withdrawn: The Reserve Bank of India on Friday announced that Rs 2,000 currency notes will be withdrawn from circulation, however, the existing notes that are in circulation can either be deposited in bank accounts or exchanged by September 30, 2023. The bank notes in Rs 2,000 denomination will continue to be a legal tender, the …

'First Act, Second Think': Opposition as RBI withdraws Rs 2,000 notes
1 year, 10 months ago

'First Act, Second Think': Opposition as RBI withdraws Rs 2,000 notes

India Today  

The Opposition lashed out at the Centre and Prime Minister Narendra Modi after the Reserve Bank of India announced that it has decided to withdraw Rs 2,000 notes from circulation and asked people to exchange their notes by September 30. 2,000 rupee notes introduced with such fanfare after that singularly disastrous Tughlaqi firman of Nov 8 2016 are now being …

BREAKING | RBI Will Withdraw ₹2000 Notes From Circulation But They Will Continue As Legal Tender
1 year, 10 months ago

BREAKING | RBI Will Withdraw ₹2000 Notes From Circulation But They Will Continue As Legal Tender

Live Law  

The Reserve Bank of India today announced that it will withdraw ₹2000 notes from circulation. However, the currency will continue as Legal Tender.As per RBI, this denomination is not commonly used for transactions.People may deposit ₹2000 banknotes into their bank accounts and/or exchange them into banknotes of other denominations at any bank branch, RBI said. People may deposit ₹2000 banknotes …

RBI to withdraw ₹2000 currency note from circulation
1 year, 10 months ago

RBI to withdraw ₹2000 currency note from circulation

Hindustan Times  

The Reserve Bank of India on Friday withdrew ₹2,000 currency notes from circulation. The ₹2,000 denomination bank note was introduced in November 2016 after the Modi government had introduced demonetisation of ₹500 and ₹1,000 notes. As per RBI, the objective of introducing ₹2,000 notes was met once banknotes in other denominations became available in adequate quantities. The people may deposit …

RBI to withdraw Rs 2,000 notes from circulation: All you need to know
1 year, 10 months ago

RBI to withdraw Rs 2,000 notes from circulation: All you need to know

Firstpost  

The public can deposit Rs 2,000 notes into their bank accounts or exchange them for notes of other denominations at any bank branch from 23 May RBI will withdraw Rs 2,000 currency note from circulation but it will continue to be legal tender till 30 September 2023. Here’s everything that you need to know as per the RBI statement: The …

Demonetisation has come full circle: P Chidambaram as Rs 2,000 notes withdrawn
1 year, 10 months ago

Demonetisation has come full circle: P Chidambaram as Rs 2,000 notes withdrawn

India Today  

Reacting to the RBI withdrawing the Rs 2,000 currency notes from circulation, former Finance Minister P Chidambaram on Friday said the demonitisation of 2016 has come a full circle as he predicted that Rs 1,000 notes may soon come back. We said this in November 2016 and we have been proved correct The Rs 2000 note was a band-aid toâ€æ …

From chip rumour to withdrawal of Rs 2,000 - A look back to incidents related to demonetisation
1 year, 10 months ago

From chip rumour to withdrawal of Rs 2,000 - A look back to incidents related to demonetisation

India TV News  

Rs 2000 withdrawal: The sudden announcement by the Reserve Bank of India on Friday about the withdrawal of Rs 2,000 currency notes from circulation by September 30 sends us into a flashback when almost everyone found standing in front of banks or ATMs. Here are some major incidents related to note ban which are still vivid in our memories: Rumor …

RBI to withdraw Rs 2,000 currency note from circulation but it will continue to be legal tender
1 year, 10 months ago

RBI to withdraw Rs 2,000 currency note from circulation but it will continue to be legal tender

India TV News  

Reserve Bank of India on Friday said it will withdraw Rs 2000 currency note from circulation. RBI advised banks to stop issuing Rs 2000 denomination banknotes with immediate effect though banknotes in Rs 2,000 denomination. The Reserve Bank of India on Friday announced withdrawal of Rs 2,000 currency notes from circulation, and existing notes in circulation can either be deposited …

Over 8000 crores assets seized in IT raids in 8 years: Govt in Lok Sabha
2 years ago

Over 8000 crores assets seized in IT raids in 8 years: Govt in Lok Sabha

Op India  

On Monday, March 20, the Government of India told the Lok Sabha that the Income Tax department has seized total assets worth Rs 8832.92 crores in the search and seizure action conducted by it in the last eight financial years, i.e from 2014-2015 to 2021-2022. The state minister for finance further asserted that tax demand of a total of Rs …

BJP MP Sushil Modi on why ₹2,000 currency note should be phased out
2 years, 3 months ago

BJP MP Sushil Modi on why ₹2,000 currency note should be phased out

Hindustan Times  

Claiming that ₹2,000 currency note is being used for terror funding, drug trafficking and hoarding black money, Bharatiya Janata Party Rajya Sabha MP Sushil Kumar Modi on Monday demanded its gradual phase out. "While the ₹2,000 currency note was introduced by the RBI to replace the demonetised ₹500 and ₹1000 notes at a faster pace in 2016, their printing has …

'RBI stopped printing Rs 2,000 notes 3 years back, Centre should ban it in phased manner': Sushil Modi
2 years, 3 months ago

'RBI stopped printing Rs 2,000 notes 3 years back, Centre should ban it in phased manner': Sushil Modi

India TV News  

Rs 2,000 currency notes news: BJP leader Sushil Modi has issued a new statement on Rs 2000 notes that could ignite fresh debates in the country. The BJP MP from Bihar said that the Reserve Bank of India stopped printing the Rs 2,000 currency notes 3 years back as there is that it's being used for terror funding, drug trafficking, …

Rs 2,000 notes withdrawn from circulation: The full story
2 years, 11 months ago

Rs 2,000 notes withdrawn from circulation: The full story

The Hindu  

W hen was the last time you held a pink currency note of Rs.2000 in your hand? According to Roy, as per the RBI’s annual report, the supply of Rs.2000 notes from the three currency presses—Bhartiya Reserve Bank Note Mudran Private Limited Bangalore, Nashik Currency Note Press and Bank Note Press Devas—is different from the circulation figures shown in the …

'No apology': Rahul Gandhi takes swipe at Modi govt on 5 years of demonetisation
3 years, 4 months ago

'No apology': Rahul Gandhi takes swipe at Modi govt on 5 years of demonetisation

India TV News  

Taking a swipe at BJP-led NDA government on 5-years of demonetisation, Congress leader Rahul Gandhi on Monday said that note-ban was a planned step by the government in the interests of its friends for which people there is no apology. "People would have forgiven the government had it been a mistake but demonetisation was intentionally a planned step by the …

Rs 2,000 Notes Not Printed in Last 2 Years, Govt Tells Lok Sabha
4 years ago

Rs 2,000 Notes Not Printed in Last 2 Years, Govt Tells Lok Sabha

News 18  

Rs 2,000 currency notes have not been printed in the last two years even as the quantum of India’s highest denomination currency note has come down, the Lok Sabha was informed Monday. In a written reply, Minister of State for Finance Anurag Singh Thakur said 3,362 million currency notes of Rs 2000 denomination were in circulation on March 30, 2018, …

Demonetisation helped curb black money: Narendra Modi
4 years, 4 months ago

Demonetisation helped curb black money: Narendra Modi

The Hindu  

On the fourth anniversary of demonetisation, Prime Minister Narendra Modi on Sunday said the move helped in reducing black money, increase tax compliance and formalisation of the economy. In a video, released as part of this campaign, Mr. Gandhi held demonetisation responsible for Bangladesh doing better than India in terms of economic growth and alleged that the move “destroyed” India’s …

Demonetisation ‘destroyed’ economy, helped few crony capitalists, alleges Rahul
4 years, 4 months ago

Demonetisation ‘destroyed’ economy, helped few crony capitalists, alleges Rahul

The Hindu  

Congress leader Rahul Gandhi on Sunday slammed the government over demonetisation, alleging that Prime Minister Narendra Modi’s move four years ago was aimed at helping a few of his “crony capitalist friends” and had “destroyed” the Indian economy. In a video released as part of the party’s online ‘SpeakUpAgainstDeMoDisaster’ campaign, Mr. Gandhi said the question is how the economy of …

Discover Related