Rs 500 Rs 2000 Currency Notes
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Share Of Rs 500 Note Jumps To 86.5% After Rs 2,000 Note Withdrawn: RBI
The share of Rs 500 denomination currency notes in overall currency has jumped to 86.5 per cent at the end of March 2024, as against 77.1 per cent in the year-ago period, the Reserve Bank of India (RBI) said on Thursday.
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Nepal Bans Use Of Indian Currency Notes Above Rs 100
The Nepal government has banned the use of Indian currency notes of Rs 2,000, Rs 500 and Rs 200 denominations, according to a media report.
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Rs 141 Crore Worth New 500-and 2000-Rupee Notes Seized In Raids: Arun Jaitley
The Income Tax department, Enforcement Directorate and other government agencies have seized Rs 141.13 crore worth of new currency notes of Rs 2,000 and Rs 500 while acting in different parts of the country, Lok Sabha was informed today.
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11 Of 17 Security Features Of Rs 2,000 Note Cracked. Centre Draws A Plan
To check counterfeiting, the government plans to change security features of higher denomination banknotes of Rs 2,000 and Rs 500 every 3-4 years in accordance with global standards. The move comes in the wake of recovery of a large amount of fake Indian currency notes in last four months after demonetisation.
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PM Modi's Speech On Notes Ban Tomorrow, Last Day To Turn In Notes Today
The deadline to submit invalid 500- and 1,000-rupee notes ends today. The RBI has asked banks to submit details of the deposits made in the outlawed currency. It is estimated that more than 90% of the cancelled notes have been already deposited in banks, which means that the government's intention of removing black money may have missed its mark. H...
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Last Day To Deposit Old Rs 500 And Rs 1000 Notes Before Steep Fines Kick In: 10 Facts
Fifty days after the government banned most of the cash in circulation without warning, the deadline to deposit outlawed 500 and 1,000-rupee notes ends today. From tomorrow, it will be illegal to have old notes barring exceptions. The cash crunch and queues at ATMs may continue because of the huge demand for new bills. Prime Minister Narendra Modi ...
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Fake New Notes With Face Value Of Over 26 Lakhs Seized In Gujarat; 2 Arrested
Two persons were arrested today with counterfeit Rs 2,000 and Rs 500 currency notes with a face value of Rs 26,10,000, police in Gujarat's Rajkot said.
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How To Make Fake Rs 2,000 Notes? Bengaluru Men Used A Copier And Glitter Pen
In Bengaluru, four men used a copier and some glitter to make fake 2,000-rupee notes that they even used in several shops.
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On November 8, Reserve Bank Had A Third Of Money Being Banned In New 2,000-Rupee Notes
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.
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India's New Bank Notes Already Being Used For Corruption: Foreign Media
On Nov. 8 - the same day American politics was upended - India's prime minister announced the sudden invalidation of all high denomination currency notes, accounting for a whopping 86 percent of the country's cash.
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Fraud By Banks Is Condemnable, But Only Small Fraction Of Total Transactions: SBI
As raids on banks and individuals across the country are throwing up hoards of black cash in new currency notes, questions are being asked if banks are complicit in money laundering.
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In 3 Weeks Since Notes Ban, Bank In Rural UP Received Cash Only On 7 Days
With the government pushing farmers and the rural population to open bank accounts in the wake of the currency ban, the situation at this bank in rural Uttar Pradesh, however, has not improved even after 20 days since the cash ban was announced.
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Bengaluru Government Engineers Had 5.7 Crores In New Notes, Taxmen Investigate How
Bengaluru-based government engineers Jayachandra and TN Chikkarayappa earned not more than Rs 10 lakh a year. Raids by taxmen on Thursday revealed the jaw-dropping extras they had acquired over time - a Lamborghini, Volvo, MV Agusta, Ducati 749, multiple luxury apartments, gold and Rs 5.7 crore in brand new 2000-rupee notes.
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New Rs 500 And Rs 2,000 Notes 'Illegal' In Nepal
While there is no clarity on the fate of the withdrawn Indian currency notes of Rs 500 and Rs 1,000 denominations in Nepal, new Indian Rs 500 and Rs 2,000 bank notes are deemed illegal and banned for exchange, Nepal's central bank said on Thursday.
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82,500 ATMs Recalibrated To Dispense New Notes
As many as 82,500 ATMs, which account for about 40 per cent of cash vending machines in the country, have been recalibrated to dispense new high security currency notes of 500 and 2,000 rupees.
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Share Of Rs 500 Note Jumps To 86.5% After Rs 2,000 Note Withdrawn: RBI
The share of Rs 500 denomination currency notes in overall currency has jumped to 86.5 per cent at the end of March 2024, as against 77.1 per cent in the year-ago period, the Reserve Bank of India (RBI) said on Thursday.
-
Nepal Bans Use Of Indian Currency Notes Above Rs 100
The Nepal government has banned the use of Indian currency notes of Rs 2,000, Rs 500 and Rs 200 denominations, according to a media report.
-
Rs 141 Crore Worth New 500-and 2000-Rupee Notes Seized In Raids: Arun Jaitley
The Income Tax department, Enforcement Directorate and other government agencies have seized Rs 141.13 crore worth of new currency notes of Rs 2,000 and Rs 500 while acting in different parts of the country, Lok Sabha was informed today.
-
11 Of 17 Security Features Of Rs 2,000 Note Cracked. Centre Draws A Plan
To check counterfeiting, the government plans to change security features of higher denomination banknotes of Rs 2,000 and Rs 500 every 3-4 years in accordance with global standards. The move comes in the wake of recovery of a large amount of fake Indian currency notes in last four months after demonetisation.
-
PM Modi's Speech On Notes Ban Tomorrow, Last Day To Turn In Notes Today
The deadline to submit invalid 500- and 1,000-rupee notes ends today. The RBI has asked banks to submit details of the deposits made in the outlawed currency. It is estimated that more than 90% of the cancelled notes have been already deposited in banks, which means that the government's intention of removing black money may have missed its mark. H...
-
Last Day To Deposit Old Rs 500 And Rs 1000 Notes Before Steep Fines Kick In: 10 Facts
Fifty days after the government banned most of the cash in circulation without warning, the deadline to deposit outlawed 500 and 1,000-rupee notes ends today. From tomorrow, it will be illegal to have old notes barring exceptions. The cash crunch and queues at ATMs may continue because of the huge demand for new bills. Prime Minister Narendra Modi ...
-
Fake New Notes With Face Value Of Over 26 Lakhs Seized In Gujarat; 2 Arrested
Two persons were arrested today with counterfeit Rs 2,000 and Rs 500 currency notes with a face value of Rs 26,10,000, police in Gujarat's Rajkot said.
-
How To Make Fake Rs 2,000 Notes? Bengaluru Men Used A Copier And Glitter Pen
In Bengaluru, four men used a copier and some glitter to make fake 2,000-rupee notes that they even used in several shops.
-
On November 8, Reserve Bank Had A Third Of Money Being Banned In New 2,000-Rupee Notes
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.
-
India's New Bank Notes Already Being Used For Corruption: Foreign Media
On Nov. 8 - the same day American politics was upended - India's prime minister announced the sudden invalidation of all high denomination currency notes, accounting for a whopping 86 percent of the country's cash.
-
Fraud By Banks Is Condemnable, But Only Small Fraction Of Total Transactions: SBI
As raids on banks and individuals across the country are throwing up hoards of black cash in new currency notes, questions are being asked if banks are complicit in money laundering.
-
In 3 Weeks Since Notes Ban, Bank In Rural UP Received Cash Only On 7 Days
With the government pushing farmers and the rural population to open bank accounts in the wake of the currency ban, the situation at this bank in rural Uttar Pradesh, however, has not improved even after 20 days since the cash ban was announced.
-
Bengaluru Government Engineers Had 5.7 Crores In New Notes, Taxmen Investigate How
Bengaluru-based government engineers Jayachandra and TN Chikkarayappa earned not more than Rs 10 lakh a year. Raids by taxmen on Thursday revealed the jaw-dropping extras they had acquired over time - a Lamborghini, Volvo, MV Agusta, Ducati 749, multiple luxury apartments, gold and Rs 5.7 crore in brand new 2000-rupee notes.
-
New Rs 500 And Rs 2,000 Notes 'Illegal' In Nepal
While there is no clarity on the fate of the withdrawn Indian currency notes of Rs 500 and Rs 1,000 denominations in Nepal, new Indian Rs 500 and Rs 2,000 bank notes are deemed illegal and banned for exchange, Nepal's central bank said on Thursday.
-
82,500 ATMs Recalibrated To Dispense New Notes
As many as 82,500 ATMs, which account for about 40 per cent of cash vending machines in the country, have been recalibrated to dispense new high security currency notes of 500 and 2,000 rupees.
