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Delhi High Court Hears RBI Defend its Decision to Withdraw Rs 2000 Note - Vimarsana News

Delhi High Court Hears RBI Defend its Decision to Withdraw Rs 2000 Note

Advocate Ashwini Kumar Upadhyay entered a plea that the notifications enabling exchange of Rs 2000 banknotes by the RBI and SBI without proof were made arbitrarily and against the laws to minimise...

Indians begin exchanging currency notes of 2,000 denomination - Vimarsana News

Indians begin exchanging currency notes of 2,000 denomination

NEW DELHI, May 23 (Xinhua) -- The process of exchanging the currency notes of 2,000 (Indian Rupees) denomination began on Tuesday across India after the country

BBCNEWS Asia Business Report June 4, 2024 01:35:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 01:35:00

Are they doing this? these notes were _ are they doing this? these notes were brought - are they doing this? these notes were brought in - notes were brought in temporarily by the reserve but 2016, about 86% of the indian currency was de—monetised overnight and these high denomination notes were essentially brought in to replenish the money that was gone, but now in the system there is enough of the lower denomination notes and that's why the reserve bank has gone ahead and decided to withdraw these notes. of course, that is these notes. of course, that is the official line and some experts ...

India scraps the Rs 2000 note: Will this affect the economy? - Vimarsana News

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 Analysts say this time the move is expected to be less disruptive as a lower value of notes is being withdrawn over a longer period of time

Welcome To IANS Live - BUSINESS - No major rush in Kolkata so far for exchange or spend of 'pink notes' - Vimarsana News

Welcome To IANS Live - BUSINESS - No major rush in Kolkata so far for exchange or spend of 'pink notes'

A manager of a private sector bank's Kasba branch in south Kolkata told IANS that on Saturday, the receipts of Rs 2,000 denomination notes had been marginally higher at 10, compared to seven to eight on normal working days.So w