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Dazed by demonetisation twists? Read the new FAQ

Prime Minister Narendra Modi promised on November 8 that the pain due to demonetisation will ease within 50 days, yet within this duration the Reserve Bank of India has changed the rules at least......

RBI seeks details of Rs 500/1,000 deposits from banks

The Reserve Bank of India has asked banks to report details of deposits of old Rs 500/1,000 notes to it after the close of banking hours on Friday, which is the last date to accept the invalid......

'Even the RBI was caught by surprise and was totally unprepared to handle its fallout'

I kept insisting that Rs 100 notes were in short supply and there was an urgent need to augment the supply of 100 rupee notes while also rapidly bringing into circulation the proposed new Rs 500......

NRIs need to show old notes to Customs at airports

Non-Resident Indians and Indian nationals abroad can deposit up to Rs 25,000 of the demonetised currency during the 3-6 month grace period, but only if they show the junked notes to Customs......

21 months later, RBI says 99.3% of banned notes were returned

Of the Rs 15.41 lakh crore worth Rs 500 and Rs 1,000 notes in circulation on November 8, 2016, when the note ban was announced, notes worth Rs 15.31 lakh crore have been returned. This meant......

Note ban objective was to squeeze out cash: Jaitley

With over Rs 15 lakh crore of junked currency coming back into the banking system post demonetisation, the government on Wednesday said a 'significant portion' of it could be black money. The tax......

Sbns

News for Sbns

Dazed by demonetisation twists? Read the new FAQ

RBI seeks details of Rs 500/1,000 deposits from banks

'Even the RBI was caught by surprise and was totally unprepared to handle its fallout'

NRIs need to show old notes to Customs at airports

21 months later, RBI says 99.3% of banned notes were returned

Note ban objective was to squeeze out cash: Jaitley

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