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Total 146 results found. Search for
[ counterfeit currency ]
Results 60 to 80 of 146
Note ban anniversary: RBI says still verifying returned notes
PTI
New Delhi, October 30, 2017
Nearly a year after Prime Minister Narendra Modi announced demonetisation, the Rs 500 and Rs 1,000 bills returned to banks are still being \"processed in all earnest\" through a sophisticated currency verification system, the RBI has said.
Government makes ID-checks mandatory for cash transactions above Rs 50,000
Mail Today Bureau
Mumbai, October 23, 2017
The government has made it mandatory for banks and financial institutions to check the original identification documents of individuals dealing in cash above the Rs 50,000 threshold as part of the stepped up war against black money.
No counting machines, but sophisticated currency verification units being used for scrapped notes: RBI
PTI
New Delhi, September 11, 2017
The Reserve Bank of India (RBI) is not using 'counting machines' for tallying the total number of demonetised notes of Rs 500 and Rs 1,000 in any of its offices, the central bank has said in an RTI reply.
No machines being used in RBI offices for counting scrapped notes: RTI reply
PTI
New Delhi, September 10, 2017
The Reserve Bank of India (RBI) has said counting machines are \"not being used\" for tallying the total number of demonetised notes of Rs 500 and Rs 1,000 in any of its offices, according to an RTI reply.
Additional measures on anvil to promote digitisation post note ban: Govt
BT Online
September 1, 2017
Subhash Garg, economic affairs secretary, talks about the counterfeit currency and digital transactions after demonetisation by the Narendra Modi govt.
Modi govt's new demonetisation narrative: Searching 'black money' in notes returned to RBI
Joe C Mathew
New Delhi, August 31, 2017
RBI has reported in their Annual Accounts that Specified Bank Notes (SBNs) of estimated value of Rs. 15.28 lakh crore have been deposited back as on 30.6.2017. The outstanding SBNs as on 8th November, 2016 were of Rs. 15.44 crore value.
RBI report on note ban: Congress seeks PM Modi's apology, Mamata says it is a big scam
BT Online
New Delhi, August 31, 2017
In its annual report, the Central bank said that after demonetization, close to 99 per cent currency was back in the banks, leaving out only Rs 16,050 in black cash that had been weeded out.
Significant portion of deposited notes could be illicit: Government
PTI
New Delhi, August 31, 2017
With over Rs 15 lakh crore of junked currency coming back into the banking system post demonetisation, the government said a \"significant portion\" of it could be black money.
RBI Annual Report: Five key takeaways from central bank's yearly report card
BT Online
New Delhi, August 30, 2017
The Reserve Bank of India released their Annual Report for the financial year 2016-17 today.
RBI annual report: How the central bank is fighting fake notes problem
BT Online
New Delhi, August 30, 2017
According to the RBI, during 2016-17, 762,072 pieces of counterfeit notes were detected in the banking system, of which 95.7 per cent were detected by commercial banks.
Government has no plans yet to reissue Rs 1,000 currency notes
BT Online
New Delhi, August 29, 2017
Reports of Rs 1,000 currency bills being reintroduced started doing the rounds shortly after the Reserve Bank of India issued new 200 rupee notes for the first time ever on August 25.
No proposal to re-introduce Rs 1,000 notes: Finance Ministry
PTI
August 29, 2017
\"There is no proposal to reintroduce 1,000 rupee note\" said Economic Affairs Secretary Subhash Chandra Garg in a tweet.
Number of taxpayers increased after demonetisation, says Govt
BT Online
August 1, 2017
From the date of demonetisation and March 31, 2017, 1.96 crore returns were filed as compared to 1.63 crore returns filed during corresponding period of FY 2015-16 and 1.23 crore returns filed during corresponding period of FY 2014-15, Santosh Kumar Gangwar, Minister of State for Finance said in written reply to a question in Rajya Sabha today.
Does RBI's delay in counting old notes go in PM Modi's favour?
MG Arun
July 17, 2017
While a section of financial experts have attributed the slowing down of the economy in the final quarter to demonetisation, what seems to be more pronounced is the haphazard way the currency change was managed.
Reserve Bank of India likely to issue Rs 200 notes in coming months
PTI
New Delhi, July 4, 2017
The new notes of Rs 200 should be out before the end of 2017 and will help in narrowing the demand and supply gap in smaller-denomination currency bills.
Fake rupee notes seizure up four-fold in Switzerland
PTI
May 14, 2017
Switzerland may be known in popular perception as an alleged haven for black money, but it is the fake Indian rupee notes which seem to have seen a huge surge in the Alpine nation.
Stock of Rs 500, 2000 notes kept ready before demonetisation: RBI governor
PTI
New Delhi, April 28, 2017
However, no records of discussion between RBI and the government on demonetisation were maintained because of secrecy, RBI Governor Urjit Patel has told a Parliamentary Standing Committee on Finance.
HDFC chairman Deepak Parekh on how demonetisation was necessary
BT Online
New Delhi, April 21, 2017
HDFC Chairman Deepak Parekh says that demonetisation was necessary to widen tax base, weed out corruption, to manage counterfeit currency and to get more tax compliance of Indians.
No plans to demonetise Rs 2,000 notes: Govt
PTI
New Delhi, April 5, 2017
Stating that the government has adopted many new security features in the new currency notes, Minister of State for Home Kiren Rijiju said, \"I can assure the House and the country that now no one can copy 100 per cent, as we have indigenous design and extra features.\"
Two weeks before note ban, printing presses churned out old Rs 500 notes
Joe C Mathew
New Delhi, March 28, 2017
In a response to a query under the Right to Information Act, 2005, Bharatiya Reserve Bank Note Mudran (P) Ltd, a wholly owned subsidiary of the Reserve Bank of India (RBI), informed that the last-stage production of Rs 500 note was on October 27, 2016.
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