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Total 225 results found. Search for [ demonetisation date ]

Results 220 to 225 of 225
Reuters
New Delhi, November 25, 2016
The government has put strict limits on the amount of money people can withdraw from banks, although a larger sum, 250,000 rupees ($3,600), is allowed for weddings, as long as participants can prove that the marriage is genuine.


Amit Singhania
November 22, 2016
The demonetisation of high denomination currency notes by scrapping 500 and 1,000 rupee notes by the Central government is widely seen as a masterstroke in an attempt to combat the menace of unaccounted money in India and to weed out counterfeited high denomination notes.


PTI
November 21, 2016
While notifying norms, RBI said the cash withdrawn should be used only to make payment to those persons who do not have bank accounts and the names of such recipients should be mentioned while applying for withdrawal of the cash.


Ranjeev C. Dubey
November 17, 2016
While uncertainty is central to the human condition, it takes on a whole different meaning when you find your hard earned wealth go up in a puff of demonetised smoke! Life is doubtless an illusion, but does that really include cash in hand? I am afraid it does.


BT Online
New Delhi, November 14, 2016
This is the second time government has extended the date as banks continue to struggle to dispense cash, creating problems for people in emergency. If you are in emergency and need urgent cash for hospitalisation or life saving medicines you can use old banknotes.


By Anand Adhikari, Joe C. Mathew and Sumant Banerji
Delhi, November 12, 2016
Prime Minister Narendra Modi's shock announcement to demonetise the Rs 500 and Rs 1,000 currency overnight was primarily aimed at catching those who hoard black and illegitimate money in these denominations off-guard. The sudden announcement and its implementation within four hours of the speech may have prevented flight or conversion of such money into other asset classes, but it has also resulted in a lot of collateral damage.


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