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2 mins read
Rs 2,000 notes: 97.96% returned; Rs 7,261 crore worth notes still with public
The facility for the exchange of the Rs 2000 banknotes has been available at the 19 issue offices o…
PTI
2 mins read
2.1% of ₹2,000 banknotes, with value of ₹7,581 crore, still to be returned
About 2.1 per cent or Rs 7,581 crore of the withdrawn Rs 2,000 banknotes have not yet been returned…
ANI
2 mins read
It's so tough to pay cash in China that the government had to fine a KFC for not accepting banknotes
China has been pushing for businesses to leave the door open for customers to use cash, with foreig…
Matthew Loh
2 mins read
PIL filed against RBI, SBI notifications permitting Rs. 2000 note exchange, without ID proof
A Public Interest Litigation (PIL) has been moved in Delhi High Court challenging Reserve Bank of I…
ANI
2 mins read
The world's largest banknote printer says printing money isn't that profitable anymore
De La Rue now expects full-year adjusted operating profit for the 2024 fiscal year to be in the low…
Huileng Tan
2 mins read
No decision to discontinue printing of Rs 2,000 banknotes: MoS Finance Thakur
"In view of the higher circulation of currency notes of Rs 500 and Rs 200 denominations and inconv…
PTI
2 mins read
One of India’s biggest film stars, Rajinikanth, has reversed his stance on demonetisation as he prepares to launch his own political party
To his legion of swarming fans, Tamil film superstar Rajinikanth is something of a god. But to Indi…
4 mins read
RBI’s annual report paints a cloudy picture of what’s next for the Indian economy
On the one hand, the report states that the Indian economy is set to unlock its growth potential…
2 mins read
India's new ₹100 note will be relatively more expensive to introduce than the others
The printing of 2000-rupee notes was suspended last year given the note’s unpopularity. The…
1 min read
RBI to issue new Rs 10 notes soon; to have more security features
The year of printing, 2017, will be on the reverse of the note. Among other features, numerals on b…
2 mins read
Russia is issuing new banknotes with Crimea on them
The operation to seize Crimea began on February 27, 2014, when an unidentified task force captured …
Lianna Brinded
1 min read
Government to waive service tax on card transactions of up to Rs 2,000
The government has decided to "exempt services by an acquiring bank to any person in relation to se…
1 min read
Rs. 1000 banknotes will now have letter 'R' on it
The banknotes bearing signature of RBI Governor Raghuram G Rajan, will also have the year of pr…
1 min read
RBI urges people not to panic as crowds lose cool waiting outside banks, ATMs for new banknotes
People thronged post offices, banks in huge numbers and even lost their cool after banks, reportedl…
1 min read
Your kirana store may soon swipe cards, thanks to de-monetisation
In the backdrop of de-monetisation, these merchants want to minimise their dependency on cash payme…
2 mins read
Venezuela is banning its biggest banknote amid smuggling and 2000% inflation
"There has been a scam and smuggling of the one hundred bills on the border with Colombia. We have …
Ben Moshinsky
2 mins read
The new euro banknotes feature a disturbing Greek myth
As the tale goes, Europa was a Phoenician woman who was unwillingly abducted, sexually abused, and …
Amanda Macias
1 min read
After Canara Bank, IDFC Bank is helping people in exchanging new banknotes, here’s how
The Bank is enhancing use of micro ATMs in metros and rural areas and using its tab-cum-micro ATM t…
1 min read
RBI has over 23 billion worthless banknotes! If stacked up, it will be 300 times the height of Mt Everest
In India, 98% of the transactions occur in cash, and the high frequency of handling forces the mone…
1 min read
RBI says received Rs 12.4 lakh crore in old notes; system geared up to increase circulation of new banknotes
Meanwhile, they said the entire system is geared up to increase circulation of new notes and urged …