Showing of 0 - 10 from 343 results
Rs 1000 - Total results - 343
Mar 21, 2017
Demonetisation: SC again questions Centre, RBI on not allowing banned note deposits until 31 MarchEverybody knew about what the prime minister said on 8 Nov but no one saw the ordinance coming; no notice was given to people on the closure of deposit window, said the court
Mar 01, 2017
Govt notifies law to make banned note possession punishableWith the law coming into force, possession of more than 10 pieces of the old notes by individuals and more than 25 pieces for study, research or numismatics purpose will be a criminal offence, attracting fine of Rs 10,000 or five times the cash held, whichever is higher.
Feb 22, 2017
Forget U-turn on Rs 1,000 notes, why did govt launch Rs 2,000 notes in the first place?If lower denomination notes (Rs 500 and below) are the focus, why was the government/ Reserve Bank of India flooded the system with Rs 2,000 notes in the days that followed demonetisation when general public was reeling under severe cash crunch.
Feb 22, 2017
No plans to introduce Rs 1,000 notes: Economic Affairs Secretary Shaktikanta DasHe also said complaints of cash shortages at ATMs are being addressed and requested people to desist from withdrawing more money than they need.
Feb 13, 2017
Uttarakhand Election 2017: Demonetisation and surgical strike will be main poll planks for BJPOne of the biggest moves by prime minister Narendra Modi in 2016 was the demonetisation — rendering old Rs 1000, Rs 500 as illegal tender — effects of which are still being felt in 2017.
Jan 16, 2017
Demonetisation: RBI raises daily ATM withdrawal limit to Rs 10,000 per card from Rs 4,500The fears of shortage and cash hoarding by customers are unlikely to go away completely as the RBI continues to withhold details about currency printing and supply
Jan 02, 2017
Note ban: NRIs carrying old notes to disclose the amount to CustomsNRIs and Indian nationals abroad can deposit up to Rs 25,000 of the demonetised currency during the 3-6 month grace period, but only if they show the junked notes to Customs officials at the airport and get declaration form stamped.
Dec 30, 2016
Demonetisation Day 50: Deadline to deposit old Rs 500, Rs 1,000 notes ends today; crunch to continueThe government is also planning to come out with an Ordinance making possession of old Rs 500/1,000 notes beyond a specified limit for numismatic purposes illegal and punishable.
Dec 29, 2016
RBI and its broken promise: Is there no sanctity to the promissory notes?The draconian punishments announced for keeping more than 10 notes of demonetised currency including a four-year jail sentence seems to be a defence mechanism to discourage any trigger happy Public Interest Litigator from suing the Reserve Bank of India (RBI) for breaking its promise.
Dec 29, 2016
Demonetisation ordinance explained in seven points: Here's how it will impact youA souvenir holder of banned currency notes cannot have more than 10 such notes in his possession.