The Reserve Bank of India (RBI) on August 1 said Rs 3.14 lakh crore worth of Rs 2,000 banknotes, or 88% available for use, have returned to the financial framework as on July 31. Thus, Rs 2,000 ...
Phasing out the $100 and $50 bills would make tax evasion and many criminal enterprises harder to run, increase financial transparency, and impose only modest costs on lawful cash users.
The viral message stated that Rs 500 notes would no longer be accessible through ATMs from March 2026, supposedly as part of ...
PIB denies rumours on Rs 500 note withdrawalRBI has made no announcement on stopping Rs 500Rs 500 notes remain legal tender, ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. In a paper for Harvard Kennedy School, Sands puts global ...
In a surprise move, the Reserve Bank of India (RBI) on Friday announced the withdrawal of Rs 2,000 currency notes from circulation. But people can continue to use these banknotes for their ...
The newest governor of the Central Bank of the Republic of Azerbaijan has affixed his signature to 50-manat notes and the new ...
With the city banks running out of the small denomination notes ahead of the Diwali festival, it’s time for the small-time money exchangers in the city to rake in moolah. Representative image SURAT: ...