Kendrapara: The Odisha Police today seized scrapped Rs 1,000 denomination notes worth Rs 25 lakh after intercepting a car in Kendrapara district. Acting on specific information, the demonetised cash was seized and a Cuttack-based Jewellery trader was detained, Inspector Kendrapara Police station, Sanjeev Mohanty said. “We are examining whether the scrapped notes were black money […]
You can walk into any bank to get your pre-2005 currency notes, including Rs 500 and Rs 1,000 denominations, exchanged till January 1, 2015, following a Reserve Bank directive asking banks to help the public get rid of old currency notes
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
By Sandeep Sahu Marriages, they say, are made in heaven. But if you are unfortunate enough to be getting married between now and December 30, 2016, your marriage will be made in the Reserve Bank of India (RBI) boardroom! That, in short, is the key takeaway from the elaborate set of guidelines issued by the […]
New Delhi: The Confederation of All India Traders (CAIT) here on Sunday wrote to Finance Minister Nirmala Sitharaman on the possibility of spread of coronavirus through currency notes and urged her to take the required steps. It also urged the government to introduce policies for promoting alternative modes of payment and look at the possibilities […]
New Delhi: The Confederation of All India Traders (CAIT) on Sunday said that the RBI had affirmed the possibility of currency notes as potential carriers of novel coronavirus and demanded government incentives for digital payments. The development comes after CAIT wrote a letter to Union Finance Minister Nirmala Sithraman on March 9, 2020 seeking clarification whether […]
New Delhi: As new research claiming that Covid-19 can survive longer on bank notes — up to 28 days at 20 degree Celsius along with humidity — started doing the rounds amid the corona surge, health experts said on Monday that people should avoid being paranoid and must take proper pandemic-related precautions. Researchers at the […]
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