Mon, Mar 20, 2023
The finance minister says banks make assessment of amount and denominational requirements for ATMs on the basis of past usage
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Tue, Feb 19, 2019
Yes, fake Rs 100, Rs 200, Rs 500, Rs 2000 notes are a real bring problem for and many have been cheated. It has been revealed that in the fiscal 522,783 pieces of counterfeit notes were detected in the banking system.
Wed, Nov 21, 2018
While this is good news in terms of citizens perspective, interestingly, if varnished notes come in the picture even RBI and government are bound to benefit from it as well.
Sat, Jun 23, 2018
Fake bank notes are a big worry. In India currently there are 9 currency notes namely old Rs 10, new Rs 10, Rs 20, old Rs 50, new Rs 50, Rs 100, Rs 200, Rs 500 and Rs 2000. The ATMs only dispense from Rs 100 to highest denomination Rs 2000.
Mon, Apr 03, 2017
The government plans to change the security features of currency notes including the new Rs 2,000 and Rs 500 notes introduced post demonetisation era as they haven’t been changed in more than a decade a report by
Tue, Dec 27, 2016
Modi Government is planning to prepare an ordinance to impose penalties on anyone possessing old notes beyond December 30, 2016, PTI reported on Tuesday.
Fri, Dec 09, 2016
RBI today said that currency notes worth over Rs 4.27 lakh crore have been issued to public through banks and ATMs following the demonetisation of old high value bills.
Fri, Dec 02, 2016
Speaking at an event in New Delhi, Finance Minister, Arun Jaitley on Friday said that queues outside banks and ATMs were factored in while making plans to ban higher denomination currency.
Wed, Nov 09, 2016
Prime Minister Narendra Modi had announced that Rs 500, Rs 1000 notes will no longer be a legal tender.
Prime Minister Narendra Modi last night announced demonetisation of Rs 500 and Rs 1,000 notes.
Tue, Nov 08, 2016
The Government has accepted the recommendations of the RBI to issue Two thousand rupee notes.
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