Unusual cash deposits of Rs 1.7 lakh crore made during demonetisation, reveals RBI research paper

The note ban was said to be a move to curb black money and corruption.

Scroll Staff

· Aug 11, 2017 · 10:04 pm

Add another Rs 50,000 crore to the cost of demonetisation: Former Finance Minister P Chidambaram

“Will RBI also tell us cost of destroying old notes and cost of printing new/replacement notes?” he said in another tweet.

Scroll Staff

· Aug 11, 2017 · 05:26 pm

Government says most fake currency seized in J&K after note ban were new Rs 2,000, 500 notes

In a reply to a question in the Lok Sabha, the Ministry of Home Affairs claimed demonetisation had a ‘positive impact’ in reducing violence in the country.

Scroll Staff

· Jul 25, 2017 · 07:09 pm

Fake currency worth Rs 11.23 crore detected since demonetisation, Arun Jaitley tells Parliament

The finance minister said the RBI has launched a mobile app that allows users to see the features of new Rs 500 and Rs 2,000 notes.

Scroll Staff

· Jul 19, 2017 · 12:44 pm

Giving more time to deposit old notes will defeat the purpose of demonetisation, Centre tells SC

The government said opening a new window would give black money hoarders ‘sufficient time’ to come up with an excuse for not having submitted the bills.

Scroll Staff

· Jul 17, 2017 · 10:23 pm

RBI has not released balance sheet for the week that ended on June 30

This comes after the top bank claimed that demonetisation figures were not yet ready.

Scroll Staff

· Jul 17, 2017 · 11:28 am

Give citizens with ‘genuine reasons’ another chance to deposit demonetised notes: SC tells Centre

The division bench has directed the government to file an affidavit in the case within two weeks.

Scroll Staff

· Jul 04, 2017 · 12:37 pm

Banks get one last chance to deposit the old notes they collected during demonetisation

The process needs to be completed within 30 days of June 20, a finance ministry notification said.

Scroll Staff

· Jun 21, 2017 · 01:38 pm

Demonetisation hits microfinance sector hard, says ratings company report

It estimated that the collection efficiency is down to about 75%- 80%.

Mayank Jain

· Jun 15, 2017 · 01:14 pm

From economic slowdown to farmers distress: The damage caused by demonetisation begins to hit home

The Modi government might have jumped the gun on celebrating the success of demonetisation.

Shoaib Daniyal

· Jun 14, 2017 · 10:30 am

Indian economy is running on ‘just one engine of public spending’, says Manmohan Singh

The former prime minister said demonetisation was responsible for the slowdown, and added that private sector investment had collapsed.

Scroll Staff

· Jun 07, 2017 · 11:11 am

Fresh demonetisation data shows a big hit to manufacturing – but also a bigger tax base

Much more data is still needed before we fully understand Narendra Modi’s grand currency experiment.

Rohan Venkataramakrishnan

· May 18, 2017 · 06:30 am