Latest News on Demonetised Notes
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Demonetised Notes - Total results - 10
Mar 11, 2019
RBI says no data available on demonetised Rs 500, Rs 1,000 notes used at petrol pumpsThe RBI in reply to an RTI query said it has no data on the old 500 and 1,000 rupee notes used to pay for utility bills such as fuel at petrol pumps -- payments that are anonymous and are believed to have formed a good part of the demonetised currency that returned to the banking system
Feb 11, 2018
Demonetisation: 15 months after note ban, RBI says it is still processing old notes of Rs 500 and Rs 1,000RBI has said that Rs 500 and Rs 1,000 notes, returned to banks15 months after demonetisation, are still being processed
Dec 10, 2017
Gujarat Election: Intelligence body seizes demonetised notes worth Rs 50 crore on first phase polling dayDirectorate of Revenue Intelligence has recovered nearly Rs 50 crore in the banned currency of Rs 500 and Rs 1,000 denomination in Gujarat on election day, the Union Finance Ministry said
Nov 08, 2017
CBI unearths Rs 396 crore of alleged slush funds in 84 registered cases after demonetisationCBI has unearthed Rs 396 crore of alleged slush funds in 84 cases registered by it relating to illicit currency exchange that took place after demonetisation
Jul 13, 2017
Demonetisation: Urjit Patel’s replies to House panel mock common people who trusted govt’s ‘cleansing yajna’Many of those who had defended demonetisation initially, calling it a masterstroke, later agreed that it slowed down the GDP
Jun 22, 2017
RBI to accept old notes from co-op banks: Why black money may be re-entering the systemWhy is the Nabard’s and the I-T department’s assessments about the money that entered the cooperative banks contradictory?
Mar 31, 2017
Notes ban kicks in from 1 April: Don't hold more than 10 notes of Rs 500, Rs 1000 from tomorrow , it's illegalThe deadline to exchange the notes for people other than NRIs had ended on 31 December itself
Feb 17, 2017
You've got mail from IT dept. If you've put more cash in bank than limit, check your PAN accountIt is also a quiet nudge to the crooks to participate in the ongoing Pradhan Mantri Garib Kalyan Yojana (PMGKY) under which those who have deposited their ill-gotten demonetized notes can get away by paying a 50 percent tax and parking 25 percent of their deposits in a four-year non-interest earning deposit account.
Jan 04, 2017
Demonetisation U-turn? RBI now turns away people wanting to exchange Rs 500, Rs 1,000 notesRBI has imposed conditions for availing extended facility for note exchanges.
Nov 30, 2016
To the woodshed: Demonetised notes recycled to make plywood, stationery and fuelOnce these notes are shredded, the bits are sent to dealers for recycling or to make briquettes,