You Searched For "demonetised notes" and got 19 results
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1 min read
8 months on, RBI still counting demonetised currency; Urjit Patel cuts staff holidays to complete counting
RBI Governor Urjit Patel said demonetised currency is still being counted and staff holidays have b…
1 min read
You won't be jailed, but 'heavily penalised' for holding demonetised notes after March 31
The government order stated that penalty for holding scraped notes in excess of 10 notes may attrac…
1 min read
Demonetisation: Banks have replaced less than 10% of value of demonetised notes so far, still a long way to go
Meanwhile, banks have also circulated Rs 1, 03,316 crore into the system through withdrawals by acc…
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Jewellery industry lose shine as corona scare grips people
He further noted that there is panic among people due to the outbreak of coronavirus (COVID-19). B…
PTI
2 mins read
The RBI has a coin distribution problem - and it might be thinking about outsourcing the job to someone else
It seems that Indians are losing interest in using coins - not only because of their weight but als…
1 min read
How to change unaccounted demonetized notes? Send over courier
The customs department has unearthed a new modus operandi of sending demonetised Rs 500 and Rs 1,00…
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I-T officials seize Rs 4.7 crore in new currency notes in Bengaluru
According to the officials, searches were started on the premises of two engineers, working with th…
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Petrol, diesel sales go up post demonetisation as people rushed to tank up fuel with old notes
The sales of fuel shot up by 10% in November as the fuel stations were accepting demonetised notes.…
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Arun Jaitley proposes amendments in I-T Act! 30% tax, 10% penalty to be slapped on undisclosed income
A further tax of 75% along with 10% penalty has also been proposed in case the Income Tax officials…
1 min read
The curse over Jan Dhan bank accounts seem to have ceased
Total deposits in these accounts had increased to a record high of Rs 74,610 crore on Decem…
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This is what Flipkart’s Sachin Bansal thinks about demonetisation
Bansal said the reaction to the sudden announcement was not anticipated wholly. "Firstly we should …
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Rs 7 crore cash found in an Uber cab driver's bank account leaves I-T officials shocked
Immediately after the deposits were made, the amount was transferred systematically into the accoun…
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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
No complaints regarding demonetization and its after effects will be entertained under Banking Ombudsman
The central bank said that demonetisation is not one of the 27 grounds under which a customer …
2 mins read
Banks to slash interest rates; home loans to go down
Bankers also feel that the reduction in lending rates could be accompanied by a steeper cut in depo…
3 mins read
How demonetisation got India’s Cash to GDP ratio at par with advance economies like Germany and France
Demonetisation, it says, has brought the country’s currency in circulation to GDP ratio at par with…
3 mins read
5 things we wanted to hear from PM Modi’s New Year speech
Devoid of supporting facts and figures and an excess of welfare promises, it seemed to be an appeas…
3 mins read
‘Cow Offering’, ‘Hidden In Saree’: 7 reasons given at RBI by latecomers
Initially, Prime Minister Modi in his November 8 speech had promised the citizens that they will be…