RBI Governor Shaktikanta Das said on June 8 that the central bank received Rs 1.8 lakh crore worth of Rs 2,000 notes, which was 50 percent of the notes in circulation
In about two weeks, almost half of the Rs 2,000 currency notes in circulation, worth around Rs 1.8 lakh crore, came back to the banking system, the RBI informed recently.
Banks want to track multiple exchanges of Rs 2,000 notes in case of future enquiries.
Moneycontrol also found touts charging Rs 100 commission per Rs 2,000 note exchange near the RBI office in Bengaluru.
A repeat of the demonetisation rush is not expected because not too many Rs 2,000 notes are in circulation, bankers tell Moneycontrol
Calling the newly formed Congress government in Karnataka as "a government of love", he assured that all the five promises made to the people ahead of polls will be implemented.
The BSF has seized 200 fake currency notes of Rs 2,000 denomination in two separate cases near the Indo-Bangladesh International Border (IB) in West Bengal.
The fake bank note of Rs 2,000 denomination was dispensed from a private bank ATM in front of Sheetla Mata Mandir yesterday.
Apart from this, some notes were printed with 'Ek Kadam Swachhta ki Aur' and 'Bharatiya Manoranjan Bank'.
IndiaFirst Life Insurance is looking at achieving overall premium of Rs 2,000 crore by March-end from Rs 1,750 crore at present, a top company official said here.
CK Birla group firm Orient Electric said it would cross Rs 2,000 crore turnover in next four years, mainly on account of new products additions in existing segment and increase in exports.
In a notice to stock exchanges, BPCL said its shareholders had on September 21 last year approved raising of funds through 'Private Placement of Non-Convertible Bonds/Debentures and/or Other Debt Securities'.
The Cabinet today approved 'Pradhan Mantri Gramin Digital Saksharta Abhiyan' with an outlay of Rs 2,351.38 crore to make 6 crore rural households digitally literate by March 2019.
The NFR policy envisages various schemes for revenue-yielding activities including train branding, rail radio scheme and using platforms for installing ATMs and renting out less-crowded platforms for wedding or teaching purposes across the country.
In an interview to CNN-News18's Anuradha Sengupta, Arundhati Bhattacharya, Chairman of SBI said though the ATMs had adequate Rs 2,000 note nobody is transacting as nobody wants the Rs 2,000 note.
Bhartiya Reserve Bank Note Mudran Private Limited (BRBNMPL) is printing each new Rs 500 note at the old cost of Rs 3.09, while the cost of Rs 2,000 currency note is Rs 3.54.
Congress leader Shobha Oza today dubbed as "Tughlaq like" some of the orders issued by Prime Minister Narendra Modi in the wake of demonetisation decision.
Unless currency disbursements improve and liquidity returns to the system quickly, the impact of demonetisation on economy and corporate performance could be much more severe than anticipated; that is the feedback from a survey done Religare Capital Markets through a road-trip that concluded recently.
Seeking to dispel rumours making the rounds, the government today said there is no intention to demonetise Rs 100 and Rs 50 notes.
ATM withdrawal limit from savings bank accounts will continue at Rs 2,500 a day for the time being. The limit set after Prime Minister Narendra Modi on Sunday night reviewed the demonetisation of higher currency notes.
"How can the government tell a tax payer, a person who has earned one's living and saved some money in the bank that they cannot withdraw it and the government has the right to impose a limit of Rs 2000? That is questionable, that is not fair and is unjust," he told reporters.
A day after it withdrew high-denomination bank notes of Rs 500 and Rs 1,000 in the country's biggest crackdown against black money and corruption, the government said a lot of money lying unused will come into the formal economy that can be used for economic development of the country.
California-based television firm Vu Technologies is aiming for Rs 2,000 crore sales in the next three years based on its new additions in portfolio and expansion in offline segment.
India's premier container port, JNPT has inked a pact with State Bank of India and Singapore's DBS for a loan of USD 400 million (around Rs 2,600 crore), which would be used for doubling its annual capacity.
Out of the total money Vijay Mallya had offered to pay back lenders, the Rs 2,000 crore commitment seems unclear as the funds are based on the outcome of a case with General Electric, reports CNBC-TV18's Kritika Saxena, quoting sources.