Page 2 - Currency Notes

Rs 2,000 currency notes continue to fall in circulation: RBI annual report

Circulation of Rs 500 notes has risen consistently and is now 73.3% in terms of the total value

Currency in circulation remains unchanged during Diwali week: SBI Research

The currency in circulation stood at Rs 43,900 cr during the Diwali week in 2021, more or less stagnant compared to the Rs 43,800 cr in the year ago period

Demonetisation, 5 years on: Key economic indicators paint a mixed picture

Today marks the fifth anniversary of demonetisation. How has the historic event impacted the economy? Let's take a look at how some of the indicators have progressed since the 2016 'note ban'

Growth in currency in circulation halves to 10% post-second wave

It is too early to say if people have overcome their fears leading to cash hoarding, but the trend, if it sustains, is encouraging

Currency notes worth Rs 5 lakh allegedly stolen from Nashik press

Currency notes worth Rs 5 lakh were stolen from the Currency Note Press (CNP) at Nashik in Maharashtra over the last five months by unidentified persons, police said on Tuesday.

BS Number Wise: Cash is king, once again. Should you be worried?

A BS analysis shows that a crisis leads to a higher demand for money, which is complemented by an increase in currency in circulation

If necessary, govt must print money to support expenditure: P Chidambaram

He said that no one can predict when things will get better as it is not known whether there will be a third and fourth wave of coronavirus

Rs 2,000 notes not printed in last 2 years: Govt in Lok Sabha

The notes have not been printed in the last two years even as the quantum of India's highest denomination currency note has come down

Cash logistics business is on the cusp of change as digital payments soar

Deregulation of the currency chest system will act as the game changer

RBI refutes reports of withdrawal of old Rs 100, Rs 10, Rs 5 notes

The Reserve Bank of India (RBI) on Monday refuted reports of withdrawal of old series of Rs 100, Rs 10 and Rs 5 currency notes. "With regard to reports in certain sections of media on withdrawal of old series of Rs 100, Rs 10 & Rs 5 banknotes from circulation in near future, it is clarified that such reports are incorrect," the RBI said in a tweet. While announcing the issuance of new Rs 100 denomination banknotes with base colour Lavender in July 2018, RBI had said banknotes in the denomination of Rs 100 issued by it in the earlier series will continue to be legal tender.

Rs 500 notes to push Rs 2,000 out in mega ATM reboot: Things you must know

Biggest recalibration since demonetisation; Rs 2,000 notes to remain legal tender but to be pulled out of circulation

RBI to come up with mobile app to identify currency for visually impaired

The proposed mobile app would be able to identify the denomination of notes of Mahatma Gandhi Series and Mahatma Gandhi (New) series

Currency notes printed with best quality, security practices, clarifies RBI

RBI further asserted that the currency printing presses are equipped with state-of-the-art machinery

Govt wants banks to keep all records of deposits made in old and new notes

To ensure bank branches clearly differentiate between deposits made in old Rs 500 & Rs 1,000 currency notes & new ones

Odisha: Over Rs 1.42 cr in new, scrapped notes seized; 8 arrested

Old currency notes worth Rs 25 lakh was recovered by the police; new notes totalled up to Rs 85 lakh

Govt may withdraw all exemptions on use of old Rs 500, 1,000 notes

However, hoarding of new currency notes has arisen as a bigger challenge

Eating out, shopping, construction: Demonetisation will cripple demand

Significant portion of the funds used to fuel urban demand have become illegal and inoperative

Banks to hire retired officials, extend working hours to stack up new currency notes in ATMs, branches

Branches to remain open on Saturday and Sunday

Need to exchange old currency? This is the form you will need to fill

Remember, you cannot get more than Rs 4,000 exchanged at a time till 24th November

Real estate, luxury goods worst hit: Check out the winners and losers from demonetisation

Excerpts from a Deloitte report on the winners and losers from the government's bold move