Posted in Others on 02 September 2023
As 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..
Posted in Others on 11 August 2023
As 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..
Posted in Others on 28 July 2023
On 27th July the Reserve Bank of India (RBI) clarified that banknotes with a star (*) symbol are legal and valid currency...
Posted in Others on 04 July 2023
The 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..
Posted in Others on 19 June 2023
RBI 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..
Posted in Others on 15 May 2023
Finance Minister Nirmala Sitharaman stressed the government’s priority to incentivise and encourage expenditures in India through production-linked incentive (P..
Posted in Others on 12 May 2023
RBI has informed all financial institutions including banks and NBFCs to treat informal micro enterprises (IMEs) not covered under the GST regime or exempted fr..