Counterfeit Notes

Losses from demonetisation are huge, gains vague; NDA govt should gracefully accept setback a la Virat Kohli and ISRO

The demonetisation exercise cost Rs 8,000 crore while the money that did not come back amounted to Rs 10,720 crore.

Detection of counterfeit notes was 31% lower than previous year; high-security features made making fakes difficult: RBI

Counterfeit notes detected in specified bank notes decreased by 59.7 and 59.6 percent in the denominations of Rs 500 and Rs 1,000

Reserve Bank of India says 99.3% of demonetised Rs 500 and Rs 1,000 notes returned to banks

Of the Rs 15.41 lakh crore worth 500 and 1,000 rupee notes in circulation before 8 November, 2016, notes worth Rs 15.31 lakh crore have been returned.

RBI slaps Rs 40 lakh penalty on SBI for flouting counterfeit notes norms

The Reserve Bank has slapped a penalty of Rs 40 lakh on SBI for not complying with its directions on detection and impounding of counterfeit notes

Demonetisation anniversary: A clueless govt miscalculated its impact; why Narendra Modi shouldn't have taken the step

The government miscalculated the amount of money out of the Rs 15.44 lakh crore that would be retuned; they took the black economy to be 25 per cent of GDP, a figure made popular but never actually established or validated.

Foolish note ban, faulty GST derailed economy; voters should decide who will put it back on rails: Chidambaram

"The moral of the story is that just because government got absolute majority, it does not mean it will always do the right thing," the Rajya Sabha MP said.

Weekly cash withdrawal limit raised to Rs 50,000 from 20 Feb; curbs to go from 13 Mar

The deputy governor said the new notes have enhanced security and design features, and are not easy to copy

Demonetisation: How Narendra Modi changed narrative from black money to cashless economy

Despite three weeks after the note ban, the cash crunch continues across the country, especially in non-metros, where people are still struggling to find lower denomination notes. ATMs and bank branches are still running dry.

Demonetisation impact: Are militants now looting banks in Kashmir to tackle cash crunch?

Post the killing of Burhan Wani, militants are resorting to robbing banks in the Kashmir Valley, allegedly to deal with the cash crunch that has hit their ranks following demonetisation.

30 days of demonetisation: Pros and cons of the Modi govt's note ban move

Since the decision to ban high value currency notes was taken in early November, the government has tried to portray the brighter side of the note ban and its benefits on the economy in the long run.