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Rs 2,000 note recall, HDFC merger, incremental CRR led monetary, credit evolution: Economic Survey 2024
According to the Reserve Bank of India 97.87 percent of Rs 2000 notes have returned to the banking system.
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RBI says 97.87% of Rs 2,000 currency notes back in system
The Rs 2000 banknote, the withdrawal of which was announced in May 19, 2023, continues to be a legal tender, the RBI has said
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RBI says 97.76% of Rs 2,000 currency notes back in system
The Rs 2,000 banknotes continue to be legal tender, RBI said in a press release.
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RBI says 97.69% of Rs 2,000 currency notes have returned to system
The Rs 2,000 banknotes continue to be legal tender, RBI said on April 1.
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September 30 last date to submit Rs 2,000 notes, but no rush seen at banks
Bankers say most notes have returned to the system; some believe the RBI may extend the deadline.
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Rs 2,000 note withdrawal: Banks see majority notes from businesses
The Reserve Bank of India said on August 1 that Rs 2,000 banknotes worth Rs 3.14 lakh crore, or 88 percent in circulation, have returned to the banking system, as on July 31.
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Indian Bank received Rs 7,000 cr of Rs 2,000 notes till July 26: MD & CEO Jain
Of the Rs 7,000 crore, the bank has received only Rs 560 crore worth of Rs 2,000 notes in exchange.
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No proposal to extend deadline for exchange of Rs 2,000 notes: FinMin
In a written reply in the Lok Sabha, Minister of State for Finance Pankaj Chaudhary replied in negative to a question about whether there is a proposal to extend the deadline for the exchange of Rs 2000 in banks beyond September 30.
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Rs 2,000 note recall boosts deposit growth, RBI's Financial Stability Report says
The RBI had on May 19 announced the withdrawal of Rs 2,000 notes from circulation. It notes can be exchanged or deposited till September 30
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Kotak Mahindra Bank receives Rs 2,000 notes worth Rs 6,300 crore, says top official
The Reserve Bank of India has received around Rs 1.8 lakh crore in Rs 2,000 notes, said Governor Shaktikanta Das on June 8.
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Exchange of Rs 2,000 notes: SC refuses urgent hearing on plea challenging RBI decision
A vacation bench of justices Aniruddha Bose and Rajesh Bindal perused the report filed by the registry, and said there is no urgency in the matter.
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Sitharaman slams Chidambaram for 'frivolous' criticism of Rs 2,000 note withdrawal
Sitharaman was responding to comments by P Chidambaram that the introduction and withdrawal of the Rs 2,000 note has cast doubt on the integrity and stability of Indian currency
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Delhi High Court dismisses PIL against exchange of Rs 2,000 banknotes without ID proof
On May 23, lawyer Ashwini Upadhyay, who filed the plea, appeared in person and argued that the notifications by the RBI and SBI in this regard are arbitrary, irrational, and offend Articles 14 of the Constitution of India.
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Three things to do now with your Rs 2,000 banknotes
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Rs 2,000 note withdrawal: Banks see no rush for exchange, deposit
The RBI said people could visit bank branches from May 23 to exchange or deposit their Rs 2,000 notes.
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Rs 2,000 note withdrawal: Real estate experts see rise in land, secondary deals in cash
Real estate experts point out that unlike demonetization in 2016 when the impact was greater as sales were slow and the market was struggling, this time round it may be limited to the secondary market or land deals in peripheral locations.
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From 1946 to 2023, a timeline of demonetisation and rupee note withdrawals in India
The Reserve Bank of India's move to withdraw Rs 2,000 note from circulation is the latest decision in a string of similar moves over the years. Take a look at the timeline for the same.
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Rs 2,000 note withdrawal | Deposit accretion of banks to improve, decision taken with due precaution: experts
The Reserve Bank of India (RBI) on May 19 said that it is withdrawing Rs 2000 notes from circulation based on a review.
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Total value of Rs 2,000 notes in circulation down to 10.8% as on March: RBI
The RBI has advised members of the public to deposit Rs 2,000 banknotes into their bank accounts or exchange them for banknotes of other denominations at any bank branch.
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RBI declares to withdraw all Rs 2,000 currency notes: All your queries answered
The Reserve Bank of India (RBI) on May 19 said it is withdrawing Rs 2,000 notes from circulation based on a review. However, the banknotes of Rs 2,000 denomination will continue to be legal tender, the central bank said in a release.
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Phase out 2,000 rupee notes, BJP MP demands in Rajya Sabha
Raising the issue through a zero-hour mention, he said 2,000 rupee notes have vanished from most ATMs in the country and there are rumours that they may not be legal tender soon.
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Pak-made counterfeit notes worth Rs 24 lakh seized at Mumbai airport
The fake notes were packed very smartly... Because they were not bundled up and scattered instead, the scanner couldn’t detect them, said JCP Rastogi
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Take note: Why RBI is ringing in changes to the currency
Before November last year, the central bank had largely refrained from tinkering with the existing currency for nearly two decades. Since then, there have been a slew of changes.
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Printing of Rs 2000 note started in August 2016
"A reply from BRBNMPL to my query under the Right To Information Act said the printing of Rs 2000 notes began on August 22, 2016, while printing of the new Rs 500 notes began on November 23, 2016," said Chandrashekhar Gaud, resident of Neemuch district of Madhya Pradesh.
