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FM Says: No Plan To Print Currency Notes To Tide Over Crisis
The government has no plan to print currency notes to tide over the current economic crisis triggered by the outbreak of COVID-19 pandemic, Finance Minister Nirmala Sitharaman informed Parliament on Monday. To a question on whether there is any plan to ...
Currency Note Printing to be Increased by 5 Times
Economic Affairs Secretary Subhash Garg told reporters today that the government will increase the printing of cash notes by five times to meet the acute cash shortage issue experienced in some parts of the country. He further said that Rs 500 ...
June 30 Is The Last Date To Deposit Pre-2005 Currency Notes
The Reserve Bank of India has, on a review, decided to extend the date for the public to exchange their pre-2005 banknotes till June 30, 2016. However, from January 01, 2016, such facility will only be available at identified bank branches ...
Launch of Rs 10 plastic currency notes delayed
Reserve Bank's plan to put in circulation Rs 10 plastic currency notes on trial basis will be delayed as the initial bids have failed to qualify the technical criteria and the whole process will start again. "The selected bidders failed ...
Pre-2005 currency notes: What you should do with them?
With RBI's statement of withdrawal of pre-2005 currency notes in all denominations from beginning of the next fiscal year, general public has been seen in commotion. However, it is to be noted that such currency notes shall continue to be legal ...
RBI to withdraw all pre-2005 currency notes
Mumbai: The Reserve Bank on Wednesday decided to withdraw all currency notes issued prior to 2005, including Rs 500 and Rs 1,000 denominations, after March 31 in a move apparently aimed at curbing black money and fake currencies. "After March ...
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