In one of its reports, the Reserve Bank of India, on Wednesday revealed the demonetisation data that stated that 6.7 billion pieces of Rs 1000 notes, 89 million pieces didn’t come back. The apex bank added that 7.62 lakh pieces of counterfeit currency notes were detected in the financial year[Read More…]
Tag: Old currency
Rs 30 lakh in old currency recovered from former UP minister’s car
Former minister in Akhilesh Yadav’s cabinet, Ravidas Mehrotra, has been caught in some serious legal trouble. An amount of Rs 30 lakhs has been recovered in old currency from his car in Uttar Pradesh’s Lucknow. The money was in old currency notes of Rs 500 and Rs 1000, that are[Read More…]
75 per cent currency back in circulation: RBI
Post the demonetisation move that came with its fair set of pros and cons, the market is back to running on currency notes now. But only 75 per cent of the currency is back in circulation, as per a recent statistical data released by the Reserve Bank of India( RBI).[Read More…]