Keyword : Scrapped Currency

The unending queue and a proud banker

“Mom, I have no cash, can’t come home. Can you come here and bring along some money?”  The early morning SOS message from my daughter, a student of tourism studies in Agra, o

Demonetization in 1978 didn’t impact common man: Retired banker

 “I was branch manager at the SBI branch in Meerut. Rs 1,000 was a very big amount those days and Rs 500 denomination currency did not exist. The target group at that time were only rich

Recession is likely: Prof Arun Kumar on demonetisation

 Demonetisation is not the way to tackle black economy and it will in fact affect the white economy, believes Arun Kumar, a former professor of economics at the Jawaharlal Nehru University (JN

Tamil Nadu villagers hit hard by demonetisation

Murugammal, 45, has an unhealthy pale appearance. She has no money to go and get her further medical tests done. She goes inside her thatched hut to fetch an X-ray report. “I just had Rs 1,00

Reintroduction of Rs 1,000 note not necessary: Prof Dholakia

 “It is not necessary to have re-introduction of Rs 1,000  when there is already a Rs 2,000 rupee and Rs 500 rupee new note. There is no as such compelling reason but as far as it i

E-wallet limit doubled to Rs 20,000

 The Reserve Bank of India (RBI) on Wednesday doubled the balance that can be kept in prepaid wallets and cards to Rs 20,000. Also, merchants can transfer up to Rs 50,000 per month from these



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Falahari Maharaj arrested on rape charges

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