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

RBI to print new Rs 100 notes to boost lower denomination supply

Central bank already printing new Rs 200 notes as it gears itself up to ensure enough cash in the system.

3 Oct 2017 3:50 PM IST

Simply stepping forward and declaring the money is not an appealing option for tax dodgers, as banks have to report to tax authorities anybody depositing over 250,000 rupees ($3,765).

Indians find way out as black money noose tightens

Being found to be holding undeclared cash can lead to a penalty of 200 per cent of the tax owed.

12 Nov 2016 10:42 AM IST

According to government estimates, there is Rs 400 crore of fake currency in circulation in the economy at any given point of time.

New Delhi: Two held with fake currency worth Rs 6 lakh

They used supply it to prospective buyers of different states and particularly within different districts of UP and also...

19 Feb 2017 3:18 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RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.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 to issue new Rs 100 denomination banknotes

Central bank says old Rs 100 notes presently in circulation will not lose their legal tender status.

6 Dec 2016 5:56 PM IST