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Demonetization: 1.4% Old Rs 1,000 Notes Not Returned
All but 1.4 per cent of the old Rs 1,000 notes have come back into the banking system post demonetization, the Reserve Bank said. In its annual report for 2016-17, the RBI said that out of 632.6 crore pieces of Rs ...

RBI Stops Printing Rs 2,000 Notes
As per a leading business daily report, the RBI has stopped minting the currency notes of Rs. 2000 and for the current financial year it is unlikely to bring notes of this denomination. Also, as per officials of the apex ...
Notes In circulation At 85% of Pre Note Ban Level: Govt
Notes in circulation are above 85 per cent of the pre-demonetisation levels and steps have been taken to accelerate remonetisation, the government said. "The notes in circulation as on June 23, 2017, stood at Rs 15,074.43 billion as against Rs 17,540.22 ...
Transactions Through Cards Rise 7% Post Demonetisation
Transactions through debit and credit cards rose by merely seven per cent post-demonetisation, as against a surge of over 23 per cent in overall digital transactions, top government officials told a parliamentary panel. Officials from various ministries gave a presentation to ...
Jan Dhan Deposits Surge To Rs 64,564 Crore
Deposits in Jan Dhan accounts have touched a new high of Rs 64,564 crore, of which over Rs 300 crore came in the first seven months of demonetization, according to government data. What Is PMJDY? How To Open A Jan Dhan Yojana ...
RBI Has Cut Staff Holidays To Count Junked Notes: Urjit Patel
The Reserve Bank has cut staff holidays to complete counting of currency notes which returned to the system post demonetization and has also ordered more machines to expedite the process, Governor Urjit Patel today informed the parliamentary panel on finance. The ...
Banks Provide Rs 1.80 Lakh Crore Under Mudra Scheme
Banks exceeded the target under government's flagship scheme Pradhan Mantri Mudra Yojana PMMY by sanctioning loans of more than Rs 1.80 lakh crore to the unorganised sector last fiscal, notwithstanding the impact of demonetization on banking services for at least two ...
Deadline For Depositing Old Notes In RBI Ends Today
The closing date for deposit and exchange demonetised Rs 500 and Rs 1,000 notes at RBI for Indian citizens who were abroad during the demonetization period, ends today. This facility is available at RBI offices in Mumbai, Delhi, Kolkata, Chennai and ...
No Plans To Introduce 5,000, 10,000 Currency Notes: Govt
The government today said it has no plans to come out with Rs. 5,000 and Rs. 10,000 banknotes."The matter was examined in consultation with the Reserve Bank of India, and it has not been fund suitable to introduce Rs. 5,000 and ...
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