Rs 2000-notes

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Rs 2000-notes - Total results - 24
Three years after demonetisation, Rs 2,000 currency note loses sheen; banks to eject them completely from ATMs in a year
Business

Three years after demonetisation, Rs 2,000 currency note loses sheen; banks to eject them completely from ATMs in a year

Though the efforts are underway to recalibrate about 240,000 ATMs to replace Rs 2,000 notes with Rs 500 notes, the high-value notes may not be withdrawn immediately .

PSB instructs officials to restrict circulation of Rs 2,000 notes, urges customers not to panic as no curbs on accepting
Business

PSB instructs officials to restrict circulation of Rs 2,000 notes, urges customers not to panic as no curbs on accepting

After issuing the directive to restrict the circulation of Rs 2,000 notes, senior officials of the PSB reportedly called branch managers to confirm that it was being executed immediately.

No currency notes of Rs 2,000 denomination printed this financial year, says RBI in response to RTI enquiry
Business

No currency notes of Rs 2,000 denomination printed this financial year, says RBI in response to RTI enquiry

The circulation of Rs 2,000 currency notes may not serve the purpose of the government as this high-value currency notes are easier to use for illegal purposes, media reports said.

No proposal to withdraw Rs 2,000 notes: Government informs Lok Sabha
Business

No proposal to withdraw Rs 2,000 notes: Government informs Lok Sabha

RBI introduced Rs 2,000 notes following demonetisation of high-value Rs 500 and Rs 1,000 notes in November 2016

Cash crunch: Bank unions blame govt, RBI and threaten agitation; planned move could worsen customer woes
India

Cash crunch: Bank unions blame govt, RBI and threaten agitation; planned move could worsen customer woes

Bank 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

Cash crunch: How the Narendra Modi government and RBI imposed a currency crisis on Indians post demonetisation
Business

Cash crunch: How the Narendra Modi government and RBI imposed a currency crisis on Indians post demonetisation

Post demonetisation, the growth in currency in circulation has not kept up with the growth in India's nominal GDP.

Within 53 days of demonetisation, govt agencies seized 2,272 fake Rs 2,000 currency notes, reveals NCRB report
Business

Within 53 days of demonetisation, govt agencies seized 2,272 fake Rs 2,000 currency notes, reveals NCRB report

After demonetisation, Rs 2,000 notes were part of 281,839 fake notes of various denominations recovered from different locations across India

Demonetisation rollout 'deeply flawed', Rs 2,000 notes launch puzzling, says Nobel laureate Richard Thaler
Business

Demonetisation rollout 'deeply flawed', Rs 2,000 notes launch puzzling, says Nobel laureate Richard Thaler

it is clear now that Thaler never supported Modi's drive and even considered it deeply flawed.

Richard Thaler did not endorse Narendra Modi's demonetisation; his tweet on Rs 2,000 is still relevant
Business

Richard Thaler did not endorse Narendra Modi's demonetisation; his tweet on Rs 2,000 is still relevant

The twisted tweet on Richard Thaler's view on demonetisation is bringing his views against introduction of Rs 2,000 notes into limelight. Ironic indeed.

Delhi Police seizes fake Rs 2,000 notes with face value of Rs 6 lakh; two 'linked' to international racket arrested
India

Delhi Police seizes fake Rs 2,000 notes with face value of Rs 6 lakh; two 'linked' to international racket arrested

Two persons allegedly linked to an international fake Indian currency racket were arrested and fake notes with a face value of Rs 6 lakh in Rs 2,000-denomination

You may not get Rs 200 notes from ATMs for another 3 months as recalibration not yet done
Business

You may not get Rs 200 notes from ATMs for another 3 months as recalibration not yet done

The ATM companies said that they were expecting to receive official communication on recalibration of ATMs soon.

Is govt scrapping Rs 2,000 note? Opposition seeks clarity in RS but Arun Jaitley keeps mum
Politics

Is govt scrapping Rs 2,000 note? Opposition seeks clarity in RS but Arun Jaitley keeps mum

Jaitley who was present in the House, did not respond even as the Opposition members insisted for clarification from him on the issue

Demonetisation: I-T officials launch probe into 'home-delivered' Rs 2,000 notes
India

Demonetisation: I-T officials launch probe into 'home-delivered' Rs 2,000 notes

Income tax officials suspect that an organised racket 'home delivered' new banknotes from government presses or the Reserve Bank to certain people days after Prime Minister Narendra Modi's demonetisation announcement

Demonetisation alone won't stop black money in political funding; electoral reform needed
Politics

Demonetisation alone won't stop black money in political funding; electoral reform needed

One of the many articulated (and oft changing) aims of demonetisation has been to curb the use of black money in poll funding

Demonetisation: Jaitley claims enough cash in system, but discrepancies emerge in RBI, govt numbers
India

Demonetisation: Jaitley claims enough cash in system, but discrepancies emerge in RBI, govt numbers

These discrepancies suggest either the parliament has been misled, or RBI claims about the supply of Rs 2000, Rs 500 notes post demonetisation are flawed.

Bengaluru: Flat guarded by elderly woman yields Rs 2.89 crore in new Rs 2,000 notes
India

Bengaluru: Flat guarded by elderly woman yields Rs 2.89 crore in new Rs 2,000 notes

On a tip-off, the investigation wing of the Income Tax (IT) department found and seized Rs 2.89 crore in unaccounted cash, mostly in new Rs 2,000 notes, from a flat in Bengaluru, an official said on Wednesday

In the time of demonetisation, it is the small change that comes to the rescue
India

In the time of demonetisation, it is the small change that comes to the rescue

The Income Tax Department may not tax, penalise or even frown at much of the hoarded money that is coming out — it is the small change, in coins, of Re 1, Rs 2, 5, and 10.

Demonetisation: PM Modi aborted plan to calibrate ATMs for Rs 100 notes. Why?
Business

Demonetisation: PM Modi aborted plan to calibrate ATMs for Rs 100 notes. Why?

Did Prime Minister Narendra Modi send a country into war against black money without planning?

Demonetisation: Narendra Modi govt owes the common man answers to these two questions
Business

Demonetisation: Narendra Modi govt owes the common man answers to these two questions

Even as the Narendra Modi government has been struggling hard to manage the post-demonetisation tremors after withdrawing 86 percent of the currency in circulation (by value) and although 10 days on, the common man is still in a trance-like state