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Rs 1000 notes News

22 May 2023

Will ₹1,000 Currency Notes Make a Comeback? RBI Governor Breaks Silence

RBI governor says there's no concrete plan regarding bringing Rs 1,000 denomination notes. He says, "that's speculative". Banks will start exchanging or depositing Rs 2000 notes from tomorrow.

31 Aug 2017

Cash deposits of Rs 2.89 lakh crore in 13.33 lakh accounts post note ban under I-T radar

9.72 lakh persons have deposited Rs 2.89 lakh crore in 13.33 lakh accounts post demonetisation, the I-T department said.

30 Aug 2017

Objective of demonetisation was to expand tax base, fight black money: Jaitley

Talking about return of 99 percent of junked currency into banking system, Jaitley said that money has now been identified with its owner.

Demonetised counterfeit notes

30 Aug 2017

7.62 lakh pieces of counterfeit notes detected in FY17: RBI

It also said that barring Rs 100, the detection of counterfeit notes increased across denominations - notably, Rs 500 and Rs 1,000 -- during the last fiscal.

31 Aug 2017

Demonetisation: 99% of banned Rs 500/100 notes worth Rs 15.28 lakh crore back in system, says RBI

The Reserve Bank revealed in its annual report for 2016-17 that Rs 15.28 lakh crore, or 99 percent of the Rs 15.44-lakh-crore scrapped currency notes, had come back to the central bank between the government’s demonetisation decision and June 30, 2017.

27 Mar 2017

Two orphans from Rajasthan discover Rs 96,000 in demonetised notes at home, urge PM Narendra Modi for help

The Union government on November 8 last year had demonetised high-value Rs 1,000 and Rs 500 notes, and asked citizens to get them exchanged at the RBI by March 31, 2017.

22 Feb 2017

No plans of introducing new Rs 1000 notes, Centre focusing on producing lower denomination currency: Shaktikanta Das

A day after reports about Rs 1000 notes coming into circulation surfaced, Secretary Economic Affairs Shaktikanta Das has refuted the view.

06 Jan 2017

Australia govt asks citizens visiting India to use e-payments

Australian government has advised its citizens travelling to India to ensure their trip is planned in such a way so as not to depend on the availability of cash, claiming that some visitors are facing difficulties in exchanging 100 dollar notes in India after demonetisation.

21 Dec 2016

Currency worth Rs 5.92 lakh crore issued since demonetisation

The Reserve Bank on Wednesday said banks have issued currency worth over Rs 5.92 lakh crore to the public since the demonetisation of old high value notes last month.

19 Dec 2016

RBI's new restrictions on deposits of old Rs 500 and Rs 1,000 notes: Key facts you should know

RBI has decided to place certain restrictions on deposits of old Rs 500 and Rs 1000 notes into bank accounts.

01 Dec 2016

This is what US thinks about Narendra Modi govt's demonetisation drive

The United States of America on Wednesday described the Indian government's demonetisation drive as "an important and necessary step" to crack down on "corruption and tax dodging”.

30 Nov 2016

Demonetisation: Old Rs 500 and Rs 1,000 notes used to make plywood

The shredded old currency notes will be tossed with fine wood chips and then passed through a heavy press.

25 Nov 2016

Demonetisation: No over-the-counter exchange of old Rs 500 and 1,000 currency notes at banks, only at RBI counters

The Reserve Bank of India said that it will continue to exchange of old Rs 500 and Rs 1,000 notes only at RBI counters.

23 Nov 2016

Demonetisation: It cannot be business as usual any more

23 Nov 2016

Rs 20 crore Naxals' black money deposited in Chhattisgarh banks

Police said if the money was found to be of Naxals, legal action will be taken against the bank account holders.

19 Nov 2016

Nepali migrants in India struggling to cope with demonetisation

There are about two million Nepalis living in New Delhi only.

17 Nov 2016

Rs 73 lakh cash in Rs 500, 1000 notes seized from two cars on Nashik-Aurangabad road

Cash worth nearly Rs 73 lakh in now defunct denominations of Rs 1,000 and Rs 500 was seized from two cars in the district, police said on Thursday.

17 Nov 2016

Wedding preparations: Families can get Rs 24,000 from banks in this UP city

The District Authorities have decided that families can avail Rs 24,000 from their bank accounts to prepare for the upcoming weddings of their kin during this month.

17 Nov 2016

Govt to now demonetise Rs 100/Rs 50 notes, seal bank lockers and freeze jewellery? Know the truth

The Narendra Modi government is trying hard to dispel myths.

15 Nov 2016

Demonetisation: People investing money in gold, foreign currency under scanner; CCTV footage of jewellery stores impounded

After the government banned old Rs 500 and Rs 1,000 notes, gold and bullion are said to be favoured route for laundering of ill-gotten wealth.

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