Reports of missing Rs 500 notes based on erroneous information, says RBI
Following these claims, the central bank has urged the public to rely on the information published by itself in cases pertaining to such matters
Source: business-standard.com
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Cash with public falls by Rs 83,242 cr after RBI move to withdraw Rs 2,000 note
Currency with the public is arrived at after deducting cash with banks from total currency in circulation. Currency in circulation refers to cash or currency within a country that is physically used to conduct transactions.
Source: indianexpress.com
Nearly 50% of Rs 2,000 notes in circulation has come back: RBI Governor
Reserve Bank Governor Shaktikanta Das on Thursday said about 50 per cent of Rs 2,000 notes in circulation has come back in the banking system since the RBI...
Source: udayavani.com
Will RBI Withdraw Rs 500 Notes? Details Here
Governor Shaktikanta Das of the Reserve Bank of India (RBI) addressed speculations on Thursday, stating that the central bank has no intention of withdrawing Rs 500 notes from circulation or reintroducing Rs 1,000 notes. During a press conference unveiling the second bi-monthly monetary policy for FY24, Das urged the public not to engage in speculative discussions.
Source: oneindia.com
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Source: indianexpress.com