Demonetisation: RBI Governor Urjit Patel to brief parliamentary panel for the third-time on 12 November
• 6 years agoPatel has been called on 12 November to brief the committee's members on demonetisation of Rs 500 and Rs 1,000 notes and the "ramifications thereof"
Why did govt go after cash component of black money? It only accounts for 5% of total tax evaded income
Mohan Guruswamy • 7 years agoCongress' nasbandi infuriated the whole country, BJP's notebandi has upset only the commentariat
Muralidharan • 7 years agoThe masses did not think of notebandi and its repercussions in the UP elections where Modi’s BJP won a landslide. In fact, elsewhere too, the BJP won though not on the scale of the UP victory.
Demonetisation: Nullifying non-deposited currency was not the only aim, says finance minister Arun Jaitley
Ians • 7 years agoArun Jaitley said the larger purpose of the demonetisation was to remove the anonymity of the owner of cash and to move India from a tax non-compliant society to a compliant society.
Household savings in form of cash soared to 7-year high in post demonetisation year, shows RBI data
• 7 years agoFinancial savings of the household sector in form of cash soared to 7-year high of 2.8 percent of gross national disposable income (GNDI) in 2017-18, the year following demonetisation, showed a RBI data
Brace up for more fake note discovery despite RBI's claims of new bills being secure, says SBI report
• 7 years ago"The promise of RBI that new currency notes of Rs 200 and Rs 500 (post-demonetisation) are more secure and less prone to counterfeit is not entirely correct," SBI's house economists said in a report released after the RBI came out with its annual report.
Demonetisation achieved its objectives quite substantially, says finance ministry
• 7 years agoEconomic Affairs Secretary S C Garg said objectives of the note ban, like checking black money, terror financing, promoting digital transaction and weeding out fake currency notes have been achieved.
ATMs run dry: From cropping season demand to election funding needs, theories abound on cash crunch
Sulekha_nair • 7 years agoWith banks giving their service providers almost 40-50 percent less cash for ATMs, currency is rationed to ATMs depending on the locality and the demand for money
Rajan vs Patel: What did RBI advise govt on demonetisation? Can the real central bank please stand up and answer?
Dinesh Unnikrishnan123 • 7 years agoBoth #RaghuramRajan and #UrjitPatel seem to be contradicting each other about the RBI's view on the idea of demonetisation and its rollout, writes @Dinesh_Unni
Demonetisation not a good initiative, should have been thrown in the dustbin, says Rahul Gandhi
• 7 years agoCongress president Rahul Gandhi said on Saturday that demonetisation was "not a good" initiative