Old Notes

Wednesday, Apr 24, 2024 | Last Update : 07:32 AM IST

‘No penalty for not depositing old notes’

Attorney-general K.K. Venugopal gave this assurance before a three-judge bench.

04 Nov 2017 1:58 AM

Sources said that as of now there is no clarity on the report on scrapped currency notes, but it is amply clear that the standing committee, lead by Congress MP M. Veerappa Moily, will not be able to submit it by August 11. (Photo: PTI)

Panel report on old notes caught in delays

Govt’s inability to provide data hits August11 deadline.

08 Aug 2017 6:35 AM

Finance Minister Arun Jaitley (Photo: PTI)

RBI verifying numerical accuracy of old notes: Jaitley

Central bank has been entrusted with job of counting old notes deposited post cash recall.

25 Jul 2017 6:50 PM

RBI Guv not to appear again over demonetisation: parliamentary panel

RBI has cut down on holidays to complete counting of the junked currency note.

13 Jul 2017 9:33 AM

Old Rs 500 currency notes were banned lat year.

30-day relief for Maharashtra co-ops as RBI allows deposit of old notes

Report says district cooperative banks can seek new notes as a replacement of old ones.

21 Jun 2017 11:39 AM

The NID is going to design something which can be helpful for society and inspire others to reuse. (Photo: Twitter | ANI)

Gujarat: Demonetised currency notes recycled to develop usable products

Moreover, students can also earn prize money of Rs. 50,000, Rs 75,000 and Rs. 1 lakh if they are successful at creating a usable design.

27 Apr 2017 11:12 AM

CPI(M) General Secretary Sitaram Yechury. (Photo: File)

Yechury wants data on amount of old currency deposited

CPI(M) General Secretary Sitaram Yechury asked whether the Modi government is "that incompetent" that it is yet to come out with numbers.

25 Mar 2017 12:10 PM

Stating that this matter had nothing to do with demonetisation, the Supreme Court asked the petitioner to file a fresh application against the concerned bank. (Photo: File)

SC notice to Centre, RBI over plea on depositing old notes

The apex court asked the petitioner to show the documents whether he had visited the banks to deposit the old currency notes or not.

21 Mar 2017 2:01 PM

UP: Rs 46.5 lakh in demonetised notes seized

Three persons who were plying in the car were taken into custody for interrogation; investigation is underway in the matter.

20 Mar 2017 1:12 PM

Holding of old notes is now illegal (Representational Image)

LS passes bill to make holding of old notes punishable

The government said the aim was to check parallel economy using the scrapped notes.

07 Feb 2017 9:22 PM

Panic among people during the initial days (of demonetisation) had led customers rushing to banks and deposit their money. (Photo: Representational Image/PTI)

No mad rush in banks on last day of depositing old notes

Meanwhile, queues to withdraw cash also truncated as many ATMs continued to remain shut.

30 Dec 2016 7:22 PM

Year of exits at RBI: First Rajan, then old notes!

If not for the note ban, the leadership change would have been the most dominant factor of 2016 for the Reserve Bank.

28 Dec 2016 2:19 PM

Cabinet on Wednesday cleared promulgation of an ordinance to penalise persons holding junked Rs 500 and Rs 1,000 notes beyond March 31. (Photo: PTI/File)

Holders of more than 10 scrapped notes to be penalised

The ordinance is to extinguish liability of government and Reserve Bank of India on the demonetised high-denomination notes.

28 Dec 2016 12:59 PM

Noida: Workers refuse salary in old notes, laid off

The workers held a protest outside the builder’s office and also have lodged a complaint with the police.

28 Dec 2016 11:43 AM

New Rs 2,000 notes seized during raids. (Photo: PTI/File)

Kolkata: ED arrests businessman in Rs 25 crore money laundering case

The ED raided multiple locations in Delhi, Mumbai, Kolkata, Bengaluru, Ahmedabad, among others based on intelligence gathered by the agency.

22 Dec 2016 10:55 AM

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

Many banks refusing to take deposit over Rs 5,000 in old notes

Bankers are wary about accepting these deposits, fearing that they could be harassed by tax authorities later for justification.

21 Dec 2016 10:39 AM

Union Finance Minister Arun Jaitley. (Photo: PTI)

No questions will be asked if old notes deposited in one go: Jaitley

Amounts of Rs 5,000 or less may continue to be deposited with banks in the customer's account, as at present.

20 Dec 2016 12:05 PM

The Reserve Bank of India on Monday imposed stiff restrictions on depositing more than Rs 5,000 in the scrapped Rs 500 and Rs 1,000 notes. (Representational image)

Deposit of over Rs 5,000 in old notes allowed only once: RBI

RBI said that defunct currency up to any amount can be deposited under the new black money amnesty PMGKY scheme.

19 Dec 2016 2:06 PM

These experts in packaging use a particular type of tape and wires which passes through X-ray also without being detected. (Photo: ANI/ Twitter)

Cops raid Delhi hotel, seize Rs 3.25 crore in old notes

The money belonged to some Bombay based hawala operators who had hired men to pack the notes.

14 Dec 2016 9:45 AM

Use notes freely, cash crunch to end soon, RBI assures public

RBI Deputy Governor SS Mundhra also said that the Bengaluru official held for converting black money had been suspended.

13 Dec 2016 6:35 PM

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Sanjeev Ahluwalia

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