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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

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

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

Rs 500, Rs 1000 notes can still be exchanged at RBI counters

People will be able to exchange the old currency notes up to Rs 2,000 as is the current limit.

25 Nov 2016 11:04 AM IST

Reserve Bank of India

No record of fake currency with us, says RBI

Responding to an RTI inquiry from Mumbai-based activist RBI denied having information with it.

24 Jan 2017 1:01 PM IST

A police officer warns people against breaking the queues as they wait to exchange or deposit discontinued currency notes, outside a bank on the outskirts of New Delhi. (Photo: AP)

SC backs govt's demonetisation move but flags inconvenience'

The remarks were made when the court was hearing petitions challenging government's demonetisation decision.

15 Nov 2016 3:41 PM IST

Shaktikanta Das

Das ask govt to focus on printing and Rs 500 note

Narendra Modi on November 8 announced the scrapping of Rs 500 and Rs 1,000 notes.

21 March 2017 4:57 PM IST

Dundi is an Intermediate science student of Khariar College in Nuapada district of Odisha (Photo: YouTube)

Odisha youth claims old Rs 500 note generates electricity

Lachman Dundi says he generated electricity from silicon present in the demonetised currency notes.

9 Dec 2016 9:55 AM IST

Old Rs 500 notes not acceptable from Dec 15 midnight

Old Rs 500 notes not acceptable from Dec 15 midnight

Post December 15, only banks will accept old Rs 500 notes only in the form of deposits.

14 Dec 2016 11:20 AM IST