BJP, Congress, NCP leaders chair banks where the most demonetised notes were exchanged: Report

According to NABARD, demonetised notes worth Rs 22,270 crore were exchanged in 370 district cooperative banks. The top 10 such banks processed 18.82% of it.

Scroll Staff

· Sep 18, 2018 · 11:08 am

In cartoons: A visual recap of demonetisation, from hasty execution to shifting goalposts

It’s a good time to look back at cartoonist Satish Acharya’s 2017 book ‘Rupee Or Not Rupee’.

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· Sep 15, 2018 · 06:30 pm

Centre looking into 60% of deposits in Jan Dhan accounts after demonetisation: Business Standard

The deposits can be termed illicit only after courts validate the findings of investigators, Finance Secretary Hasmukh Adhia said.

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· Sep 05, 2018 · 10:59 am

Why did Niti Aayog VC point to Raghuram Rajan and NPAs instead of note ban for India's GDP drop?

Rajiv Kumar’s remarks go against the opinions of most economists, including the former Chief Economic Advisor.

Rohan Venkataramakrishnan

· Sep 04, 2018 · 12:30 pm

‘Demonetisation helped convert up to Rs 4 lakh crore of black money into white’: P Chidambaram

The Congress leader suggested that Finance Minister Arun Jaitley was not taken into confidence when the decision was announced in November 2016.

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· Aug 31, 2018 · 10:25 pm

Larger purpose of demonetisation was to make India a tax compliant society, says Arun Jaitley

The finance minister said the positive impacts also included bringing back more money into the system and higher growth after the first two quarters.

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· Aug 30, 2018 · 06:27 pm

RBI report: Centre says demonetisation achieved its objective, Congress calls it ‘monumental folly’

Delhi Chief Minister Arvind Kejriwal said the country paid a huge price in terms of suffering and job losses.

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· Aug 29, 2018 · 08:22 pm

Number of fake Rs 2,000 notes increased significantly in 2017-’18 financial year, reveals RBI report

However, overall 5.22 lakh pieces of counterfeit notes were detected, 31.4% lower than the previous year.

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· Aug 29, 2018 · 08:08 pm

Over 99% of banned notes in circulation before demonetisation have been returned: RBI

The central bank’s annual report for 2017-’18 also said that 5.22 lakh counterfeit notes were detected in the financial year.

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· Aug 29, 2018 · 12:46 pm

BJP MPs obstruct adoption of parliamentary panel’s report that was critical of demonetisation

The draft report had said the note ban decision was ‘ill-conceived’ but it could not be passed as the 31-member committee had a majority of BJP leaders.

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· Aug 28, 2018 · 12:09 pm

RBI, I-T department should verify if money deposited post demonetisation is black: Venkaiah Naidu

The vice president said there is ‘widespread cynicism’ about the note ban among the people.

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· Jul 23, 2018 · 10:22 pm

Banking industry must pay Rs 100 crore to recalibrate ATMs for new Rs 100 notes, say ATM operators

It may take 12 months to completely recalibrate the country’s 2.4 lakh ATMs, they said.

Scroll Staff

· Jul 21, 2018 · 08:13 am