Keyword : Bank Notes

Last date for exchange of withdrawn pre-2005 currency notes extended

The last date for exchanging pre-2005 banknotes of all denominations has been extended till December 31, 2015. The Reserve Bank of India has urged the public deposit the old design n

Demonetising Rs 500, Rs 1,000 note: Who said what

In a bold step, prime minister Narendra Modi on Tuesday announced demonetising Rs 500 and Rs 1,000 notes. He said that the decision will check corruption and black money. The decision has come soon

Demonetising Rs 500, Rs 1,000 notes: Digital payment companies hail PM`s decision

Digital payment companies have hailed PM’s decision of banning high denomination currency notes (Rs 500 and Rs 1,000) as a major step towards cashless economy. “This is t

If elections become cheaper, it is good: Jaitley

While there is no co-relation between scrapping of higher denomination currency notes with elections, but if this move makes poll costs cheap, it is good, said finance minister Arun Jaitley.

Demonetisation will not have a big bang impact: Experts

Prime minister Narendra Modi’s address to the nation on Tuesday evening caught everyone, not just black money hoarders, by surprise. Minutes after the announcement, the news about Rs 500 and

Demonetisation: People queue up at banks, post offices to exchange notes

As banks started exchanging currency notes from November 10 onwards, long queues were seen outside banks and post offices.  

Scrapping notes a blow to fake currency

The government’s announcement to scrap Rs 500 and 1000 currency notes will go a long way towards bringing halt to the circulation of counterfeit currency in the country. The common ma

Demonetisation hits weddings

Anjali Thakur, a resident of Indirapuram, Ghaziabad is getting married on November 15. Her wedding preparations are on full swing. However, as the government has scrapped Rs 500 and Rs 1000 notes,

Your scrapped currency may end up as paperboard

Now that the government has decided to scrap currency notes of Rs 500 and Rs 1,000 denomination, the millions of notes will end up as briquettes that can even be used for land fillings or for makin

Show cause notice to two CAs who spoke of converting black money

ICAI has issued show cause notice to two Chartered Accountants, who were caught on tape talking about converting black money by charging a commission of 30% to 40%. The premier accou

Bank staff bearing the brunt of demonetisation: Union

It is high time the authorities woke up to the “pathetic, gruelling conditions” that bank employees are being subjected following the move to scrap Rs 500 and Rs 1,000 currency notes, s

Cash Line: Demonetisation woes in Manipur

Demonetisation has been testing the patience of the public across the country. Imphal, the capital of Manipur, is no exception.   

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