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Total 20 results found. Search for [ Rs 2000 notes hoarding ]

Results 1 to 20 of 20
PTI
December 11, 2019
The notes in circulation had grown at an average growth rate of 14.51 per cent year on year wise since October 2014 till October 2016


BusinessToday.In
New Delhi, November 20, 2019
The government emphasised at the Rajya Sabha that a declining trend was visible in the hoarding of Rs 2,000 notes


BusinessToday.In
October 17, 2019
Catch top stories today from the world of business and economy with BusinessToday.In end of day (EOD) report


Anand Adhikari
New Delhi, October 17, 2019
While the RBI has not specified any reason, the market is attributing it to hoarding of high value notes or the optimal size of Rs 2000 notes in the system


BusinessToday.In
August 30, 2019
The RBI in its annual report released on Thursday said the Rs 2,000 notes had shrunk in terms of value and volume in the FY19.


BusinessToday.In
New Delhi, April 27, 2019
In contrast to the old red-orange colored Rs 20 banknote of size 143 X 63 mm, which has a motif of Mount Harriet, the new note will have a motif of Ellora caves on the back side


PTI
January 4, 2019
But the air quality in Delhi remained \"very poor\"


Anand Adhikari
January 4, 2019
Of late, the Rs 2000 note has been causing a headache to the policymakers. The bankers have been complaining that Rs 2000 notes are not coming back in the system. There is a suspected hoarding, which will create more challenges, going forward.


BusinessToday.In
January 3, 2019
The decision to stop printing more Rs 2,000 notes was taken after Modi government became suspicious that the high-denomination currency note is being used for money laundering, tax evasion and hoarding.


PTI
December 23, 2018



AshokKumar Upadhyay
New Delhi, November 30, 2018
For the first time in recent quarters, the notes issued also dropped from Rs 19,966,43 crore to Rs 19,897,00 crore between November 9 and 16, the latest RBI data shows.


BusinessToday.In
New Delhi, August 30, 2018
The central bank is believed to be squeezing the supply of the Rs 2,000 note to prevent black money hoarders from hoarding the higher-value currency. Large value currency notes are easier to hoard, and can be used for the proliferation of black money.


PTI
April 19, 2018
Claiming that bank staff is facing public anger due to cash crunch at banks and ATMs, the All-India Banks Employees Association (AIBEA) today threatened to launch an agitation as it blamed the government and the RBI for the situation.


Rajeev Dubey
New Delhi, April 18, 2018
India faces yet another currency shortage but nobody seems to know what has caused this. Most explanations are in the realm of possibilities with little facts backing them.


BusinessToday.In
New Delhi, April 18, 2018
Samsung continues to be most trusted brand in India: ReportSouth Korean consumer durables firm Samsung continues to be the most trusted brand in the country followed by Sony and LG, while Tata Group, the only Indian company to feature in the top five, occupied the fourth slot, according to The Brand Trust report 2018. The top three brands retained their last year's position while Tata moved up a place. US-based Apple took the fifth position, losing a spot from last year. PC maker ...


BusinessToday.In
New Delhi, April 17, 2018
As the problem of sudden cash crunch hits several states of the country, India's two major regions, the Delhi-NCR and Mumbai, can severely get affected in the coming days if the situation persists.


BusinessToday.In
New Delhi, April 17, 2018
The association also claimed people across the country are fearful over the proposed the FRDI (Financial Resolution and Deposit Insurance) bill, 2017, which proposes to create a framework for overseeing financial institutions like banks. It said people are hoarding money, especially Rs 2000 notes, instead of depositing it in banks.


BusinessToday.In
April 17, 2018
Some of the states which are badly affected are Assam, Andhra Pradesh, Telangana, Karnataka, Maharashtra, Rajasthan, Uttar Pradesh and Madhya Pradesh. People in these states are angry as most of the ATMs have gone dry. However, the government claims that there is enough cash with the banks.


BusinessToday.In
April 17, 2018
The cash crunch is back. Only this time it's not due to any note ban. The government has blamed the 'unusual spurt in currency demand' in the country in last three months for the cash shortage. \"In the first 13 days of the current month, the currency supply increased by Rs 45,000 crores,\" a Ministry of Finance circular said.


BT Online
New Delhi, November 8, 2016
The Reserve Bank has the sole authority to issue banknotes in India. The Reserve Bank has introduced banknotes in the Mahatma Gandhi Series since 1996 and has so far issued notes in the denominations of Rs.5, Rs.10, Rs.20, Rs.50, Rs.100, Rs.500 and Rs. 1000 in this series.


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