500 And 100 Rupee Notes

Soon, a new currency note of Rs 20 denomination will be introduced in the market. The Reserve Bank of India (RBI) would soon introduce the new 20-rupee bank note, news agency Press Trust of India reported on Tuesday, citing a central bank document. The launch of the new Rs 20 note will mark the latest addition to the new currency introduced by the ...

The Reserve Bank of India (RBI) has given a fresh lavender wash to the new Rs 100 note which will be in circulation by next month. Two years ago, when Prime Minister Narendra Modi had announced demonetization of Rs 1,000 and Rs 500 notes, the powder blue Rs 100 note was left untouched. It was soon the most sought-after currency note in India till t...

The Reserve Bank on August 25 had launched a bright yellow Rs 200 notes to ease pressure on lower-denomination currency bills and also fill the "missing link" between Rs 100 and Rs 500 currency.

On November 8, the day Prime Minister Narendra Modi announced that Rs 100 and Rs 500 notes will be scrapped, the Reserve Bank had Rs 4.94 lakh crore in 2,000-rupee notes in its possession. This is roughly 30 per cent of the Rs 15.44 lakh crore that was circulating in 500 and 1,000 rupee notes at the time.

Police seized Rs 67 lakh in cash, of which Rs 62 lakh were in Rs 2,000 denomination notes, from five people who were travelling in a car in Wakad locality near Pune in the small hours on Wednesday. A senior cop attached to Wakad police station said 3,110 notes of Rs 2,000 denomination worth Rs 62.2 lakh and 4,800 notes of Rs 100 worth Rs 4.8 lakh w...

Income Tax officers have in a raid allegedly unearthed 44 fake accounts at a branch of Axis Bank in central Delhi's Chandni Chowk. Tax officials said about Rs 100 crore in old notes have been deposited in these accounts since November 8, when Prime Minister Narendra Modi banned 500 and 1000 rupee notes to combat black money and money laundering.

The Uttar Pradesh government has decided to allow old currency notes of Rs 500 for purchasing stamps, an official said today.

Claiming that the Modi government has taken the demonetisation decision in a hurry with "hundred per cent" political interests of BJP in mind, BSP chief Mayawati today said it has caused difficulties to 90 per cent of the common people.

Former Disinvestment Minister Arun Shourie has strongly criticised the government's decision to ban 500 and 1000 rupee notes, saying while the stated objective may be good, the idea was not well thought out.

Ram Gopal Yadav, opposition leader, advised the government today to send its ministers to a village soon. "The women, they will hit you on the head with a rolling pin," he said in parliament about public sentiment on the ban on 500 and 1,000 rupee notes.

Days before Prime Minister Narendra Modi stunned with his announcement banning Rs 500 and 1,000 notes, the Reserve Bank of India had ordered banks to set up ATMs that would only dispense Rs 100 notes, reports news agency IANS.

In a largely cash-driven rural India, the government's surprise move to scarp Rs 500 and 1,000 notes to check black money crisis has hit people hard as some of them even don't have bank accounts and are scrambling to get cash to meet their daily needs.

At 9 am this morning, a long line of slippers marked the queue alongside cash-strapped men and women outside this bank in Prime Minister Narendra Modi's adopted village in his Lok Sabha constituency Varanasi.

Indian banks received 2 trillion rupees ($29.8 billion) of cash after the government's Nov. 8 surprise move to abolish high-denomination banknotes, as customers queued for hours to deposit or exchange the old bills and ATMs ran dry.

Delhi Chief Minister Arvind Kejriwal today said that Prime Minister Narendra Modi should take action against the "big and powerful corrupt" rather than harass the 'aam aadmi' (common man).

Soon, a new currency note of Rs 20 denomination will be introduced in the market. The Reserve Bank of India (RBI) would soon introduce the new 20-rupee bank note, news agency Press Trust of India reported on Tuesday, citing a central bank document. The launch of the new Rs 20 note will mark the latest addition to the new currency introduced by the ...

The Reserve Bank of India (RBI) has given a fresh lavender wash to the new Rs 100 note which will be in circulation by next month. Two years ago, when Prime Minister Narendra Modi had announced demonetization of Rs 1,000 and Rs 500 notes, the powder blue Rs 100 note was left untouched. It was soon the most sought-after currency note in India till t...

The Reserve Bank on August 25 had launched a bright yellow Rs 200 notes to ease pressure on lower-denomination currency bills and also fill the "missing link" between Rs 100 and Rs 500 currency.

On November 8, the day Prime Minister Narendra Modi announced that Rs 100 and Rs 500 notes will be scrapped, the Reserve Bank had Rs 4.94 lakh crore in 2,000-rupee notes in its possession. This is roughly 30 per cent of the Rs 15.44 lakh crore that was circulating in 500 and 1,000 rupee notes at the time.

Police seized Rs 67 lakh in cash, of which Rs 62 lakh were in Rs 2,000 denomination notes, from five people who were travelling in a car in Wakad locality near Pune in the small hours on Wednesday. A senior cop attached to Wakad police station said 3,110 notes of Rs 2,000 denomination worth Rs 62.2 lakh and 4,800 notes of Rs 100 worth Rs 4.8 lakh w...

Income Tax officers have in a raid allegedly unearthed 44 fake accounts at a branch of Axis Bank in central Delhi's Chandni Chowk. Tax officials said about Rs 100 crore in old notes have been deposited in these accounts since November 8, when Prime Minister Narendra Modi banned 500 and 1000 rupee notes to combat black money and money laundering.

The Uttar Pradesh government has decided to allow old currency notes of Rs 500 for purchasing stamps, an official said today.

Claiming that the Modi government has taken the demonetisation decision in a hurry with "hundred per cent" political interests of BJP in mind, BSP chief Mayawati today said it has caused difficulties to 90 per cent of the common people.

Former Disinvestment Minister Arun Shourie has strongly criticised the government's decision to ban 500 and 1000 rupee notes, saying while the stated objective may be good, the idea was not well thought out.

Ram Gopal Yadav, opposition leader, advised the government today to send its ministers to a village soon. "The women, they will hit you on the head with a rolling pin," he said in parliament about public sentiment on the ban on 500 and 1,000 rupee notes.

Days before Prime Minister Narendra Modi stunned with his announcement banning Rs 500 and 1,000 notes, the Reserve Bank of India had ordered banks to set up ATMs that would only dispense Rs 100 notes, reports news agency IANS.

In a largely cash-driven rural India, the government's surprise move to scarp Rs 500 and 1,000 notes to check black money crisis has hit people hard as some of them even don't have bank accounts and are scrambling to get cash to meet their daily needs.

At 9 am this morning, a long line of slippers marked the queue alongside cash-strapped men and women outside this bank in Prime Minister Narendra Modi's adopted village in his Lok Sabha constituency Varanasi.

Indian banks received 2 trillion rupees ($29.8 billion) of cash after the government's Nov. 8 surprise move to abolish high-denomination banknotes, as customers queued for hours to deposit or exchange the old bills and ATMs ran dry.

Delhi Chief Minister Arvind Kejriwal today said that Prime Minister Narendra Modi should take action against the "big and powerful corrupt" rather than harass the 'aam aadmi' (common man).