On November 2, six days before P M Modi's announcement of demonetisation, the RBI had asked banks to recalibrate 10% of its ATMs to exclusively dispense Rs 100 notes. Image Source: Reuters In ...

The Reserve Bank of India has confirmed that 98.42% of ₹2,000 currency notes have been returned to the banking system as of ...

Senior Congress leaders on Wednesday staged 'RBI gherao' protests outside its offices in several states as part of the party's anti-demonetisation stir during which ex-Union Home Minister Sushilkumar ...

The RBI on Tuesday asked banks to preserve the CCTV recordings of their branches and currency chests from November 8, 2016, to December 30, 2016, till further orders with a view to assisting the ...

The statement said enforcement actions based on the demonetisation data got a major push in number of searches, seizures and admission of undisclosed income. A day after the RBI’s report revealed that ...

You couldn't fault the idea for mere ambition. On November 8, 2016, a day before America took a turn away from liberal politics and gave Donald Trump his first term, Narendra Modi announced the ...

How to deal with black money? In the hot pursuit of black-money holders, some people seem to have lost their sense of direction and have advocated the demonetisation of 100-rupee notes. However, this ...