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The bag contained Rs 500 and Rs 1000 currency notes, which were demonetised by the government earlier this month.

Note ban anniversary on Nov 8: RBI says still verifying banned notes

The RBI said it has processed about 1,134 crore pieces of Rs 500 notes and 524.90 crore pieces of Rs 1,000 notes.

29 Oct 2017 3:47 PM IST

Old Rs 1,000 and Rs 500 notes were scrapped on November 8, 2016.

RBI using 'sophisticated' machines to test 'genuineness' of...

Earlier, the media reported the bank's RTI statement saying it was not using machines to count the scrapped currency.

11 Sept 2017 10:08 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 bag contained Rs 500 and Rs 1000 currency notes, which were demonetised by the government earlier this month.

Just 1.4 per cent old Rs 1,000 notes not returned post note ban: RBI

The old notes were allowed to be deposited in banks, with unusual deposits coming under income tax scrutiny.

30 Aug 2017 6:47 PM IST

Reserve Bank fo India

RBI plans to re-introduce Rs 1,000 notes: reports

Rs 1,000 and Rs 500 notes were scrapped in November 2016 in a bid to curb black money and counterfeit notes.

28 Aug 2017 10:05 AM IST

The demonetisation had a major effect on economy as the move sucked in 18 billion 500 and 1000 rupee notes which are valued at Rs. 14 lakh crore out of circulation. (Photo: PTI)

This is what will happen to discarded notes

RBI to recycle scrapped notes for making various office stationery.

30 Nov 2016 1:54 PM IST

Govt had allowed Rs 1,000, Rs 500 notes for certain utility services till November 24. (Representational image)

Only old Rs 500 notes allowed for transactions in exempted categories:...

There will be no over-the-counter exchange of old notes after midnight tonight, while Rs 1000 notes will not be accepted...

24 Nov 2016 8:58 PM IST

It will deal a severe blow to the parallel economy and will disrupt the life tyles of the corrupt leaders, bureaucrats, businesses, anti-national who facilitate terror funding. It will deal a severe blow to the parallel economy and will disrupt the life tyles of the corrupt leaders, bureaucrats, businesses, anti-national who facilitate terror funding.

Demonetisation a bold and gutsy move: USIBC

Modi has demonstrated once again the ability to 'Think the Unthinkable'.

19 Nov 2016 4:05 PM IST

Two sack-full of torn and damaged currency notes of Rs 500 and Rs 1000 were recovered from a garbage vat in Kolkata on Sunday. (Photo: ANI/Twitter)

Kolkata: 2 sacks of torn banned notes found in garbage vat

Police said they are examining these notes and trying to find out their origin.

13 Nov 2016 5:14 PM IST

Economic Affairs Secretary Shaktikanta Das. (Photo: PTI)

Looking into reports of cash shortages at ATMs: Das

RBI monitoring cash supply on daily basis and situation in country was normal now, says DEA secretary.

22 Feb 2017 12:41 PM IST