Latest News on Bank Notes
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Bank Notes - Total results - 12
Apr 27, 2019
RBI to release new 'greenish-yellow' Rs 20 bank notes; earlier currency will continue to be legal tenderThe Reserve Bank of India (RBI) has announced that it will shortly issue Rs 20 denomination bank notes.
Dec 19, 2018
Demonetisation: Move to trash black money proves expensive; printing cost of bank notes rose to nearly Rs 8,000 cr in 2016-17The expenditure on printing of notes during 2015-16 (the year prior to demonetisation) was Rs 34.21 billion, Finance Minister Arun Jaitley said in a written reply to the Rajya Sabha.
Sep 26, 2018
New banknotes: Decoding the rich history and culture of the country reflected through Indian currencyAfter the demonetisation of the Rs 500 and Rs 1,000 currency notes on 8 November, 2016, we've seen five new currency notes from Reserve Bank of India (RBI).
Apr 19, 2018
Cash crunch: Bank unions blame govt, RBI and threaten agitation; planned move could worsen customer woesBank employees are facing the wrath of the public for a problem created by the government and the Reserve Bank, the All India Bank Employees Union said
Oct 10, 2017
Why were bank officials not probed in Sekhar Reddy case, Madras High Court asks CBIMadras HC asked the CBI why did it not probe bank officials, when its case was that demonetised notes were changed with their help by Sekhar Reddy and two others.
Sep 22, 2017
GDP decline: Govt plans Rs 50,000 cr stimulus, may widen fiscal deficit target to 3.7%, says reportEven though industrial output posted a modest recovery in July, 15 of 23 manufacturing industries recorded a contraction, adding to concerns over the state of the economy.
Apr 06, 2017
Reserve Bank unlikely to cut repo rate today, says Reuters pollTo justify a rate cut this year, the RBI would likely need more comfort on consumer prices, either through a slump in food costs or an easing of core inflation, which has stayed at around 5 percent for several months.
Dec 09, 2016
November inflation expected to hit 14-month low at 3.9% as demonetisation hits consumption, says pollWith the central bank passing up the opportunity to make a rate cut in December, despite cooling inflation, a February move could be on the menu
Nov 21, 2016
Demonetisation: Privacy laws need to be in place before giving the biggest push to digital transactionsDemonetisation is currently the trending buzzword in India. The recent withdrawal of Rs 500 and Rs 1000 notes has driven most people to cashless transactions in order to get on with their day to day lives. Cashless transactions certainly have their benefits.
Nov 09, 2016
Narendra Modi’s decision to curb fake currency inflow was a calculated strategyIn yet another ‘surgical strike,’ Prime Minister Narendra Modi on Tuesday evening announced that Indian currency in the denominations of Rs 500 and Rs 1,000 would cease to be legal tender from the midnight of 8 November.