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

Watch: This is how much it costs every minute each time MPs themselves disrupt Parliament

Demonetisation protests played havoc with productivity during the Winter session.

Scroll Staff

· Apr 18, 2017 · 01:00 pm

If granted, the extension of deadline to deposit old notes will be applicable to all, says SC bench

The court was hearing pleas against the Centre's decision to only allow restricted sections of people to exchange scrapped notes until March 31 this year.

Scroll Staff

· Apr 12, 2017 · 12:13 pm

Banks yet to clear dues up to Rs 110 crore for demonetisation services by cash logistics firms

Some banks delayed the payments reportedly because they thought the companies were doing the work in national interest.

Scroll Staff

· Apr 06, 2017 · 12:24 pm

Demonetisation woes: Outside the RBI in Delhi, medical files, tears and tales of woe

Many were hoping to convince officials to honour the March 31 deadline originally set by Prime Minister Narendra Modi to change old notes.

Akshita Nagpal

· Mar 31, 2017 · 10:30 pm

After a sudden spike with demonetisation, Jan Dhan accounts see brisk withdrawals

Close to Rs 10,500 crore was withdrawn from the accounts between January 1 and March 15.

Namrata Acharya

· Mar 31, 2017 · 08:30 pm

Attorney general tells Supreme Court: Modi's words don't matter as much as the fine print

Should citizens be expected to read the fine print every time the prime minister makes a public promise?

Rohan Venkataramakrishnan

· Mar 21, 2017 · 08:02 pm

Cash transaction limit may be lowered from Rs 3 lakh to Rs 2 lakh, says revenue secretary

The Centre’s Finance Bill, which needs the president’s approval, has proposed penalising violators with fines, Hasmukh Adhia said.

Scroll Staff

· Mar 21, 2017 · 07:40 pm