Nearly 1.5 years after being discontinued, ₹7,000-crore worth ₹2,000 banknotes yet to be returned to RBI
The ₹2,000 banknotes which have yet not been returned comprise 1.96 percent of the total value which amounted to ₹3.56 lakh ...
cnbctv187d
RBI confirms 98% of ₹2000 notes back, ₹6970 cr still in circulation
The Reserve Bank of India (RBI) reports that 98% of ₹2000 banknotes have returned to the banking system, leaving only ₹6970 ...
Why hasn’t RBI cut policy rates despite its lack of control over food inflation?
It must tame general inflation as a priority, and prices can rise in interlinked ways. Also, India’s central bank must keep ...
money.rediff7d
Rs 2000 Notes Return: 98% Back, Rs 6,970 Cr Still in Circulation
RBI reports 98.04% of Rs 2000 banknotes returned, with Rs 6,970 crore worth still in circulation. The deadline for exchange ...
Nearly 98% of Rs 2000 banknotes returned; Rs 6,970 crore worth notes still with public
On May 19, 2023, the RBI announced the withdrawal of Rs 2000 denomination banknotes from circulation. The total value of Rs ...
cnbctv186d
RBI's new domestic money transfer rules: What users need to know
Banks and Business Correspondents (BCs) must verify the remitter’s cell phone number and documents. Remitters will be ...
Tax Guru6d
RBI Mandates Certified Note Sorting Machines
October 30, 2024 Reference is invited to our circular DCM (NPD) No.S488/18.00.14/2022-23 dated July 01, 2022 on “Note Sorting Machines – Authentication and Fitness Sorting Parameters”. 2. With a view ...
Oneindia11d
RBI’s Diwali Gold Surprise: 102 Tonnes Secretly Brought Back From UK To Boost India’s Reserves
In a stunning Diwali surprise, the Reserve Bank of India secretly repatriated 102 tonnes of gold from the Bank of England, ...
All-time low awaits rupee before US election; RBI may help out
The Indian rupee is poised to open at a lifetime low on Tuesday as market participants eye the U.S. presidential election, ...
BS BFSI Summit: Esma being extra-jurisdictional is RBI's stand, says DG
He also spoke about how the RBI is looking to internationalise the Unified Payments Interface, and the plans for the Unified ...
BS BFSI Day 1 Wrap: Positives outweigh negatives in economy, says RBI guv
Even after changing the stance to “neutral” during the October review of the monetary policy, Reserve Bank of India (RBI) ...
Nearly 98% ₹2000 banknotes returned; ₹6,970 crore worth notes still with public
On May 19, 2023, the RBI announced the withdrawal of ₹2000 denomination banknotes from circulation. The short history of a large note The total value of ₹2000 ... Mumbai, Nagpur, New Delhi, Patna and ...