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Currency Notes

Feb 21, 2017 at 08:30 | Source: PTI
"High denomination currency never augurs well for any country, which is why the Prime Minister has stressed the digital transactions. The government should reconsider it (Rs 2,000 note) in future," Ramdev said here.
Feb 17, 2017 at 12:22 | Source: PTI
Finance Minister Arun Jaitley today said normalcy has been restored within few weeks of the unprecedented decision to recall 86 per cent of the currency in circulation and there is no shortage of notes in market.
Feb 17, 2017 at 10:29 | Source: Moneycontrol.com
The new notes bear RBI governor Urjit Patel's signature but the process of printing began before he took office, according to a report in Hindustan Times.
Feb 16, 2017 at 20:16 | Source: PTI
The government had withdrawn legal tender character of old Rs 500 and Rs 1,000 notes on November 2016 with an aim to check black money, counterfeit notes and terror financing. The government is now pushing and incentivising digital payments.
Feb 16, 2017 at 19:10 | Source: PTI
According to the report by Microfinance Institutions Network (MFIN), there was a decline of 26 percent in the number of loans disbursed and 16 per cent fall in loan amounts given in the October-December quarter of the current fiscal.
Feb 14, 2017 at 15:22 | Source: PTI
"S&P Global Ratings today lowered its long-term foreign currency issuer credit rating on IDBI Bank to 'BB' from 'BB+' because we expect the bank's asset quality to remain very weak over the next 12 months," said S&P Global Ratings credit analyst Nikita Anand in a note.
Feb 13, 2017 at 21:32 | Source: PTI
The currency note printing press of Reserve Bank of India has refused to disclose its printing capacity, even as similar information is available on its website.
Feb 13, 2017 at 11:00 | Source: PTI
"The Indian government's decision to remove a high proportion of currency notes from circulation in November 2016 has proved negative for the performance of Indian auto asset backed securities (ABS) in the short term, leading to a 1.3 percent decline in collections for November and December 2016," it said in a report.
Feb 11, 2017 at 16:30 | Source: Moneycontrol.com
According to the former finance minister, "someone in the Reserve Bank of India" submitted a letter to the Centre opposing a proposal to devalue high-value currency notes on the day that Rajan resigned.
Feb 08, 2017 at 10:12 | Source: PTI
"Remonetisation is taking place ceaselessly at a fast pace. Between November 10, 2016 and January 13, 2017, the notes in circulation have increased by Rs 6.78 lakh crore, thereby taking the total notes in circulation to Rs 9.1 lakh crore," Minister of State for Finance Arjun Ram Meghwal said in a written reply in Rajya Sabha.
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Firstly, it is more than time to announce demonetized 500/1000 currency notes received by them!

1.42 PM Feb 20th

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Sahil of R S Pura. He said that one HP Deskjet Ink Advantage 2520 HC all-in-one printer with lead adopter, 184 fake currency notes in denomination of Rs 2,000 and 68 fake notes in denomination of Rs 500, two scales and one cutter were recovered from them. A case has been registered and investigation

9.53 PM Feb 18th

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BSF has seized fake Rs 2,000 notes that display a degree of sophistication that could pass initial scrutiny, leading security agencies to suspect that Pakistan was attempting to replicate the new currency. The first such major consignment of 100 fake Indian currency notes of Rs 2,000 denomination

12.54 PM Feb 16th

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The currency note printing press of Reserve Bank of India has refused to disclose its printing capacity, even as similar information is available on its website.

9.32 PM Feb 13th

scripguru

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Fantastic company - MBL infra, Fantastic Govt - Modi Sarkar, Fantastick Minister - Nitin Gadkari, Fantastic banks - with chest overflowing currency notes.

7.18 PM Feb 10th

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. The procedure to withdraw money using this device would be very simple, the scientist said. One would only have to press his or her finger on the scanner installed in the machine, following which the person`s bank account would automatically be linked through Aadhar linking. Pictures of various currency notes

7.52 PM Feb 8th

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Governor Urjit Patel said the shift to neutral gives the central bank policy flexibility. Sovereign bonds plunged as several analysts were counting on lower borrowing costs to revive an economy hit by Modi s withdrawal of some high-denomination currency notes last year. India joins Russia s central

5.18 PM Feb 8th

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In a strong criticism of demonetisation, noted American economist Steve H Hanke has said that the Indian economy is in a 'cashless crisis' post ban on high currency notes.

3.48 PM Feb 8th

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BS: RBI likely to maintain status quo on February 8 policy review meetas banks are flush with low-cost deposits on account of demonetisation of high-value currency notes

6.55 PM Feb 5th

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The demonetisation of high value currency notes to address the problem of black money has had an adverse impact on majority of the population in the country, former Union minister P Chidambaram has said.

11.58 AM Feb 5th

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