Thu, Jul 27, 2017
It took the RBI eight months to restore currency circulation to pre-demonetisation era. Zeebiz analyses cost to print old Rs 1000 and Rs 500 notes and new notes by the government.
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Mon, Mar 27, 2017
The Indian government`s November 8 move to demonetise Rs 500 and 1,000 bank notes has caused inconvenience to many Nepalis, especially daily-wage earners and labourers working in India.
Wed, Feb 22, 2017
To replace the old notes of Rs 500 and Rs 1,000 during demonetisation, the RBI had issued new notes of Rs 500 and Rs 2,000.
Wed, Dec 28, 2016
Cabinet on Wedneday passed an Ordinance making it illegal for any citizen to keep demonetised notes of Rs 500 and Rs 1000 in their possession.
Tue, Dec 20, 2016
Following this, RBI stated rules that said that the credit of old notes will be afforded only after questioning tenderer, on record, in the presence of at least two officials of the bank, as to why this could not be deposited earlier and receiving a satisfactory explanation.
Fri, Dec 09, 2016
PM Modi's decision to demonetise higher denominations to curb black money may now disrupt 2017 budget preparations.
Wed, Dec 07, 2016
People have resorted to PM Modi’s much advocated ‘cashless’ transactions wherein high amount of payments are being made via credit or debit cards but this is slowing recovery of sales in other segments.
Thu, Nov 17, 2016
Department of Economic Affairs (DEA)'s Secretary, Shaktikanta Das on Thursday announced new rules pertaining to the demonetisation move by the government. The rules include the following: 1. Exchange of old currencies have been reduced to Rs 2000 from Rs 4500 from November 18.
Mon, Nov 14, 2016
In anticipation of the huge demand for lower currency notes, ahead of the demonetisation move, the Reserve Bank of India (RBI) had asked banks to set up Automated Teller Machines which dispensed only Rs 100 notes.
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