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May 22, 2023
Congress MP and former finance minister P Chidambarams remarks came after the RBI announced it will withdraw Rs 2,000 currency notes from circulation.
May 22, 2023
However, there is no panic buying of the precious metal unlike the situation witnessed in 2016 during demonetisation, jewellers body GJC said on Sunday.
May 22, 2023
The Reserve Bank on Monday advised banks to provide shade from the sun and water to customers waiting to exchange or deposit Rs 2,000 notes.
May 22, 2023
Reserve Bank of India Governor Shaktikanta Das has said
May 22, 2023
The RBI last week announced the withdrawal of Rs 2,000 currency notes - the highest denomination in circulation. The move sparked speculation that the central bank may bring back Rs 1,000 currency notes, which were demonetised along with Rs 500 notes in November 2016.
May 22, 2023
This came through a publication of the consulate
May 22, 2023
Some petrol pumps in the city like the one at Jodhpur Park in south Kolkata are ready to accept Rs 2,000 denomination note provided the price of the fuel purchased is at least 40 per cent of the cash paid in pink notes, IANS reported.
May 22, 2023
Days after RBI's announcement of withdrawal of Rs 2,000 currency notes, there has been a five-fold rise in payments with this denomination for fuel purchase by customers at petrol pumps in Indore.
May 22, 2023
The Rs 2000 note will remain legal tender but citizens have been asked to deposit or exchange these notes by 30 September. Analysts say this time the move is expected to be less disruptive as a lower value of notes is being withdrawn over a longer period of time
May 22, 2023
No form or requisition slip is required for exchange of rs 2,000 notes up to a limit of rs 20,000 at a time as part of exercise to withdraw high-value currency notes from circulation. rbi on friday in a surprise move announced withdrawal of rs 2,000 currency notes from circulation but gave public time till september 30 to either deposit such notes in accounts or exchange them at banks. unlike the november 2016 shock of demonetisation, when old rs 500 and rs 1,000 notes were invalidated overnight...