Others News
RBI Reports 93% Return Rate for Rs 2000 Notes in Circulation
Posted in Others on 02 September 2023As of August 31, 2023, 93% of the ₹2000 banknotes in circulation as on May 19, 2023, have been returned. The total value of the returned notes is ₹3.32 lakh cro..
Resilient Indian Economy and Monetary Policy: Sustained Growth Amid Global Challenge
Posted in Others on 11 August 2023As we celebrate India's 77th Independence Day in a few days, I am happy to note that the Indian economy is exuding enhanced strength and stability despite the m..
RBI Keeps Repo Rate Unchanged At 6.50%
Posted in Others on 10 August 2023Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent...
RBI Discloses 88% Return of Rs 2000 Notes
Posted in Others on 04 August 202388% of the ₹2000 banknotes in circulation as on May 19, 2023, have since been returned..
RBI clarifies Star Series bank notes are legal
Posted in Others on 28 July 2023On 27th July the Reserve Bank of India (RBI) clarified that banknotes with a star (*) symbol are legal and valid currency...
RBI receives Rs 2.72 Lakh Crore in Rs 2000 notes since 19th May
Posted in Others on 04 July 2023The Reserve Bank of India (RBI) has received ₹2.72 lakh crore in ₹2000 notes since May 19, 2023. This is about 76% of the ₹2,000 banknotes that were in circulat..
RBI refutes reports of Rs 88,032 crore worth of missing Rs 500 bank notes
Posted in Others on 19 June 2023RBI on Sunday refuted reports that Rs 88,032.5 crore worth of Rs 500 notes have gone missing. The RBI said that all the banknotes supplied from printing presses..
RBI | Rs 2000 Notes to be Withdrawn from Circulation but Remain Legal Tender
Posted in Others on 19 May 2023Rs.2000 Denomination BanknotesWithdrawal from Circulation; Will continue as Legal Tender ..
FM highlights investments via PLI schemes as top priority for economic growth
Posted in Others on 15 May 2023Finance Minister Nirmala Sitharaman stressed the government’s priority to incentivise and encourage expenditures in India through production-linked incentive (P..
RBI directs banks to extend priority loans to GST-Exempted informal units with UAC
Posted in Others on 12 May 2023RBI has informed all financial institutions including banks and NBFCs to treat informal micro enterprises (IMEs) not covered under the GST regime or exempted fr..
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