Tag: RBI

RBI's releases demonetisation data, 7 billion pieces of Rs 1000 notes didn't return

RBI to launch new Rs. 100 currency note soon

The Reserve Bank on Thursday said it will soon put into circulation new Rs. 100 denomination notes in market. New Rs 100 notes will be similar to the design of the ones in Mahatma Gandhi Series-2005. “The Reserve Bank will shortly issue Rs 100 denomination banknotes in the Mahatma Gandhi[Read More…]

RBI new rules for defective notes refund

RBI to soon release a specific number of scrapped notes

RBI today said it is squaring invalid currency with physical cash balance and will soon release a specific number, eliminating accounting errors/ possible double counts. The Reserve Banks clarifies that the ban of old Rs 500/1,000 comes in justification with several reports estimating that over 95 per cent of the[Read More…]





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