Showing results for "#Banknotes"
RBI says Rs 2,000 notes totalling Rs 9,760 cr still with public
On May 19, the RBI announced the withdrawal of Rs 2,000 denomination bank notes from circulation.
No forms, ID cards needed for exchange of Rs 2000 banknotes: SBI
About 89 per cent of the Rs 2000 denomination banknotes were issued prior to March 2017 and are at the end of their estimated life span of four-five...
RBI withdraws Rs 2000 note from circulation
The notes can be exchanged with banks before September 30 and separate guidelines have been issued to banks.
Currency notes in circulation rise 8% annually to Rs 32 L Crore: FM
The demand for currency depends upon several macroeconomic factors, including economic growth and level of interest rates, she said in a reply to the...
Towards a cashless society: Hard cash, no longer a trusted ally
A growing number of businesses and individuals have stopped using banknotes in fear that physical currency, handled by thousands of people over their...
Why paper towels, coins beat hand dryers, banknotes
What do paper towels and copper coins have in common? One thing is that they have both increasingly gone out of fashion in recent years.
No decision to discontinue printing of Rs 2,000 banknotes: MoS Finance...
The government on Monday said no decision has been taken to discontinue printing of Rs 2,000 banknotes, and state-owned SBI and Indian Bank are...
Yemen's rival powers battle over banknotes
Yemenis from both sides told Reuters the ban had effectively created two currencies with diverging values, adding to the turmoil in a state already...