Could rising currency in circulation be a reason for the withdrawal of Rs 2000 notes?
Banknotes in circulation are now 15.1 percent of money supply, compared to 13.7 percent in the September 2016 quarter
Source: moneycontrol.com
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RBI's decision to withdraw Rs 2,000 notes to improve liquidity, ease short-term rates: report
The Reserve Bank of India's decision to withdraw its highest denomination currency note from circulation is likely to improve banking system liquidity, bringing down recently elevated short term rates, analysts and bankers said.
Source: indianexpress.com
RBI says decision to withdraw Rs 2,000 notes 'part of currency management operations'
Pointing out that there is enough supply of lower-denomination notes for exchange purposes even after the withdrawal of Rs 2,000 notes, Shaktikanta Das underlined that there is no reason to rush to banks.
Shaktikanta Das Reserve Bank Rs 2000 Notes Ban Note Ban Rbi Rs 2000 Notes Withdraw Rbi Rs 2000 Notes
Source: indianexpress.com
India scraps the Rs 2000 note: Will this affect the economy?
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 Analysts say this time the move is expected to be less disruptive as a lower value of notes is being withdrawn over a longer period of time
Rupa Rege Nitsure Madhavi Arora Yuvika Singhal Karthik Srinivasan Emkay Global Financial Services Quanteco Research
Source: firstpost.com
Rs 2000 Note News: RBI Issues Fresh Advisory For Banks - READ HERE | Personal Finance News, Times Now
Rs 2000 Note News: RBI Issues Fresh Advisory For Banks - READ HERE, Personal Finance News, Times Now
Exchange Of The Rs Ban News Fresh Advisory For Banks Reserve Bank Fresh Advisory From Passengers Fresh Circular Issued
Source: timesnownews.com
RBI | Payments with Rs 2,000 notes for purchasing fuel rises in Madhya Pradesh's petrol pumps after RBI announces the notes withdrawal
Some of the customers have been paying in Rs 2,000 notes while buying fuel worth only Rs 100 for their two-wheelers: Petrol pump worker
Madhya Pradesh Rajendra Singh Vasu Pump Dealers Association Reserve Bank Indore Petrol Pump Dealers Association Madhya Pradesh
Source: telegraphindia.com
RBI | Shiv Sena (UBT) leader Sanjay Raut accuses Prime Minister Narendra Modi over withdrawal of of Rs 2000 currency notes
The PM comes up with some 'arbitrary' decisions to water down the negative sentiments, says the Shiv Sena (UBT) leader
Source: telegraphindia.com
Opinion | Calibrated Exit of Rs 2,000 Notes – A Timely Move
As these notes were not printed since FY19 and account for only a minuscule part of the overall currency in circulation, this step will not inconvenience the commoner in any measure. It will also flush out illegally hoarded wealth
Source: news18.com
Rs 2,000 note withdrawal: Real estate experts see rise in land, secondary deals in cash
Real estate experts point out that unlike demonetization in 2016 when the impact was greater as sales were slow and the market was struggling, this time round it may be limited to the secondary market or land deals in peripheral locations.
Source: moneycontrol.com
Govt took seven yrs to rectify mistake: P Chidambram on scrapped Rs 2000 notes
The former finance minister also said that withdrawing both the Rs 1000 and Rs 500 currency notes were a grave mistake, one that had not been accepted by the people of the country.
Tamil Nadu Tughlak Darbar Union Minister Financep Chidambaram P Chidambaram 2000 Rupee Note Withdrawal Hidambaram On Demonetisation
Source: thenewsminute.com