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  • 'I had a good laugh': Doctor shares how he got fake Rs 500 note from patient

    Writing on Threads, the doctor, identified as Dr. Manan Vora, said that his receptionist did not check the note and later had "a good laugh" before saving the note.

  • Interview | Former RBI Deputy Governor Gandhi sees no need for notes larger than Rs 500

    Interview | Former RBI Deputy Governor Gandhi sees no need for notes larger than Rs 500

    According to Gandhi, who handled RBI's currency management department, the introduction of the Rs 2,000 note in 2016 was a 'short-term tactical decision' to quickly remonetise the economy post-demonetisation

  • Rs 2,000 Note Withdrawal: Storm in a teacup but what purpose did the note serve all these years?

    Rs 2,000 Note Withdrawal: Storm in a teacup but what purpose did the note serve all these years?

    From its glitchy issuance in 2016 to the stopping of printing in 2018-19 and now finally to its recall, the Rs 2,000 note had a rough ride while in existence. All through the way, RBI has been sparing in its communication, leaving citizens with more questions than answers  

  • With his Rs 2,000 knock, Shaktikanta Das deals a body blow to black-money hoarders

    With his Rs 2,000 knock, Shaktikanta Das deals a body blow to black-money hoarders

    The segment of society that will be hit by the RBI's decision to withdraw the Rs 2,000 note will be the tax cheats holding crores of these high denomination notes. They will now come under the lens of tax authorities

  • Rs 2,000 note withdrawal | Deposit accretion of banks to improve, decision taken with due precaution: experts

    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.

  • Total value of Rs 2,000 notes in circulation down to 10.8% as on March: RBI

    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.

  • RBI declares to withdraw all Rs 2,000 currency notes: All your queries answered

    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.

  • RBI recalls all Rs 2,000 currency notes from circulation

    RBI recalls all Rs 2,000 currency notes from circulation

    The banknotes in Rs 2,000 denomination will continue to be legal tender, the RBi said in a release.

  • Rs 2000 is not a good mode of exchange yet: SBI Chief

    Rs 2000 is not a good mode of exchange yet: SBI Chief

    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.

  • See sharp cuts in FY17 earnings; rural most hit: Religare Cap

    See sharp cuts in FY17 earnings; rural most hit: Religare Cap

    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.

  • Will the demonetisation attract foreign investments into Indian realty?

    Will the demonetisation attract foreign investments into Indian realty?

    The demonetisation of Rs 500 and Rs 1,000 notes, is likely to result in an immediate reduction in cash transactions, in the real estate sector. Buyers are expected to shift towards more legitimate transactions, &#82

  • How Indian startups reacted to currency ban

    How Indian startups reacted to currency ban

    Once again PM Narendra Modi shook the nation with his bold move. Many people appreciated this decision as the fight against corruption got strong and few of them complaining too due to the sudden changes, and a virtual paralysis of offline trading.

  • Note ban: Downloads double for Paytm; transactions up by 250%

    Note ban: Downloads double for Paytm; transactions up by 250%

    Freecharge also reported a sharp 12X overnight jump in the average wallet balance as consumers loaded up their wallets to face a cashless day across India.

  • Amazon stops CoD; Flipkart & Snapdeal caps transaction

    Amazon stops CoD; Flipkart & Snapdeal caps transaction

    The move by Modi government came as a surprise for e-commerce industry, which on a very conservative estimate gets at least 60 percent of its business through cash on delivery model.

  • Currency ban: Freecharge‘s balance jumps 12x overnight

    Currency ban: Freecharge‘s balance jumps 12x overnight

    Wallets such as Freecharge, Paytm and Mobikwik are used extensively by users to conveniently pay for utilities like cab rides, metro, phone recharges, electricity, gas, petrol, DTH and lots more.

  • Currency ban: Startups go on a marketing drive in cyberspsace

    Currency ban: Startups go on a marketing drive in cyberspsace

    Digital companies went on an overdrive sending emailers and SMSes to consumers to shift online even for basic services such as home repairing.

  • Ban on high-value currency notes to boost to e-payments: Nasscom

    Ban on high-value currency notes to boost to e-payments: Nasscom

    IT industry body NASSCOM has welcomed the announcement by Prime Minister Narendra Modi, of scrapping high-value currency notes of Rs 500 and Rs 1000 denomination, and replacing the Rs 500 notes with a new design.

  • Ban on notes: E-commerce logistics hurt; e-wallets to gain

    Ban on notes: E-commerce logistics hurt; e-wallets to gain

    Fintech startups are the most to gain with Modi‘s surgical strike against black money. VC money in such startups is likely to flow in the coming weeks, as more people are likely to adopt digital wallets.

  • PM Narendra Modi‘s move may come as a shot in arm for e-commerce

    PM Narendra Modi‘s move may come as a shot in arm for e-commerce

    In a bid to curb black money, Prime Minister Narendra Modi on Tuesday announced that Rs 500 and Rs 1000 denomination notes will not be legal tender.

  • Twitterati welcome & raise concerns on PM's surprise

    Twitterati welcome & raise concerns on PM's surprise

    The late-night announcement by Prime Minister Narendra Modi on black money brought some genuine concerns on implementation and the Opposition was not behind in pointing them out.

  • Weeding out big notes will hurt wedding spend, gold buying

    Weeding out big notes will hurt wedding spend, gold buying

    The government‘s decision to ban large denomination Rs 500 and Rs 1,000 notes from midnight tonight will likely have a bearing on the current wedding season spending, mainly gold buying.

  • Full text of govt's statement on banning Rs 500 & Rs 1,000 notes

    Full text of govt's statement on banning Rs 500 & Rs 1,000 notes

    Here is the full text of the press release issued by the Government of India, Finance Ministry and Department of Economic Affairs which entails the government's rationale behind the move to invalidate Rs 500 and Rs 1,000 notes and bring in new notes of Rs 500 and Rs 2,000.

  • Ban on notes could impact spending in UP, Punjab polls

    Ban on notes could impact spending in UP, Punjab polls

    India‘s electoral funding is largely opaque. According to the Association for Democratic Reforms (ADR) parties receive up to 75 percent of their funds from unknown sources.

  • Govt renews clamp down on parallel cash economy

    Govt renews clamp down on parallel cash economy

    The government on Tuesday scrapped Rs 500 and Rs 1,000 notes from midnight as part of the strategy to clamp down on India‘s bustling parallel cash economy. New Rs 500 and Rs 2,000 notes will be issued shortly.

  • Rs 500, Rs 1,000 notes no more valid: What you should do

    Rs 500, Rs 1,000 notes no more valid: What you should do

    In a bold move to curb counterfeit currency and a renewed push to tackle black money, the government has decided to scrap Rs 500 and Rs 1,000 notes. The decision is unprecedented but here are the measures the government has introduced to mitigate any problems a common man would face. Here's what you need to know

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