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1 min read
RBI says 93% of ₹2000 notes returned to banks
The Reserve Bank on Friday said that as much as 93 per cent of Rs 2000 currency notes that were in …
PTI
2 mins read
No need to rush to banks as there’s 4 months time says RBI governor on pulling ₹2,000 notes off circulation
The Reserve Bank of India (RBI) governor Shaktikanta Das on Monday allayed fears regarding the cent…
2 mins read
RBI to withdraw ₹2,000 currency notes from circulation, will continue to be legal tender
The Reserve Bank of India (RBI) on Friday announced the withdrawal of ₹2,000 currency notes from ci…
3 mins read
₹2,000 note withdrawal – How to exchange them, is it a legal tender and other questions answered
The Reserve Bank of India (RBI) last week announced that it is withdrawing the ₹2,000 notes from ci…
1 min read
Deposited Rs 10 lakh or above in banks post demonetisation? Taxmen are coming after you
The step is being taken to bring in more transparency in the system. All officials have been briefe…
1 min read
RBI has no information on how much black money removed by note ban
The RBI has been facing flak from the opposition parties for demonetization and delay in disclosing…
PTI
1 min read
Were you abroad when demonetisation happened? Get proof from the airport
The RBI said you will have to get stamped documents from the airport to prove that you were abroad.…
4 mins read
Exclusive: Bankers reveal why RBI is quietly rolling back the ₹2000 notes
These instructions carried out at by bank branches. But, our sources confirmed that such ins…
1 min read
Your cash crisis is likely to get over by February end
The demand and supply gap is likely to get trimmed as the cash disbursement to the public could tou…
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 …
2 mins read
Govt’s waiver on service tax on credit/debit card transactions may incur losses upto whopping Rs 1,000 crore
As per senior bankers, the waiver of MDR on debit/credit card transactions till December 31 will in…
1 min read
Demonetisation: Salaries have been credited but people can’t withdraw due to acute cash crunch
"The situation will not change much from our side even if it is salary day because there is not eno…
1 min read
There may be no respite from long queues outside banks, ATMs to withdraw cash. Here’s why
"We had sought a hearing with RBI as we were not allocated enough cash, but we were told that ratio…
1 min read
RBI tells retailers not to hesitate in depositing cash; relaxes withdrawal norms
In a notification, the RBI stated: "certain depositors are hesitating" to deposit their monies into…
1 min read
These 5 sectors are badly hit due to demonetisation
(Images: Indiatimes/Reuters)
3 mins read
A top public sector bank told employees to restrict the circulation of ₹2,000 notes
A top public sector bank’s employees were told by the senior management not to dole out ₹2,000 note…
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…
2 mins read
Demonetisation has even left India Inc. divided on PM Modi's biggest-ever economic gamble
The decision to scrap 86 per cent of the currency in circulation in the then second largest emergin…
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
Cash crunch is back! ATMs are dry yet again
Reportedly, most of the 60% working ATMs are getting loaded with cash in full capacity. ET reported…