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Unusual cash deposits totalling Rs 1.6-1.7 trillion were made during the demonetisation period, says an RBI research paper. Photo: PTI

70 per cent people want scrapped Rs 1000 note back, claims survey

Over 86 per cent of the total Rs 16.24 trillion value of banknotes in circulation as of March 2016.

12 Sept 2017 6:27 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

15 months after note ban, RBI still processing returned notes

RBI said Rs 15.28 lakh crore, or 99 per cent of the demonetised notes, had returned to the banking system.

12 Feb 2018 10:45 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

May need more currency as GDP size increasing: RBI official

The bank will also be issuing more security features in the currency for which pre-qualification bid notice has been...

17 Jan 2019 3:01 PM IST

On Friday, the rupee had gained 6 paise to end at 67.01 due to fag-end dollar selling by banks.

India has more than adequate 2,000 rupee notes in system: official

2,000 rupee notes constitutes 35 per cent by value of the total circulation, says Garg.

4 Jan 2019 12:36 PM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI to come out with mobile app for currency notes identification

RBI has been sensitive to the challenges faced by the visually challenged in conducting their day to day business with...

15 July 2019 9:43 AM IST

Parliament passed a bill to repeal 58 laws from the statute books on Friday. (Phtoto: PTI)

Law which allowed circulation of Rs 1000 notes in 1999 scrapped

The Rs 1000 denomination notes are no longer in circulation.

5 Aug 2019 10:01 AM IST

The Reserve Bank of India, RBI, will print new Rs 100 notes with new designs. (Photo:Representational/File)

Currency printing cost rose to Rs 8,000 cr in demonetisation year:...

The finance minister said in Rajya Sabha that four people died during the demonetisation drive in 2016-17.

19 Dec 2018 10:16 AM IST

Finance Minister Arun Jaitley said the new process would be finalised in the next meeting of the GST Council after a written formulation is circulated to the states. (Photo: Twitter | ANI)

Note ban succeeded in unearthing black money: Jaitley

The circulation of high value came down to 13.34 lakh crore last December.

23 March 2018 10:11 AM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI pushes 'Make in India' for currency security features

RBI cancelled two tenders issued earlier for supply of security features and fibre for currency notes.

17 July 2017 5:55 PM IST