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19 May 2023

RBI To Stop Circulation Of Rs 2000 Currency Notes

Reserve Bank of India (RBI) has announced to withdraw Rs 2,000 currency notes. However, the notes will continue to be legal tender till September 30, says RBI.

08 Jan 2023

FACT CHECK: Does writing anything on the bank notes make them invalid?

Does writing anything on the bank note make it invalid? Here's truth. PIB confirms that bank notes with scribbling are not invalid and continue to be legal tender. Under the clean note policy, people are requested not to write on the currency notes as it defaces them and reduces their life.

20 Dec 2016

RBI to issue new Rs 500 note in new series; old notes to remain legal tender

The Reserve Bank of India will be issuing a new batch of Rs 500 notes in Mahatma Gandhi (New) series with the inset letter R in both the number panels.

19 Dec 2016

RBI to shortly issue two new series of Rs 50 banknotes, old notes to remain legal

The Reserve Bank of India on Monday said it will shortly issue two series of Rs. 50 banknotes in the Mahatma Gandhi Series-2005 with inset letter `L` on the one series and `R` on the other, but the old Rs. 50 notes will continue to be legal tender.

04 Dec 2016

RBI to issue new Rs 20, Rs 50 notes; old notes to remain legal tender

The Reserve Bank of India will shortly issue Rs 20 and Rs 50 denomination banknotes in the Mahatma Gandhi Series-2005, bearing signature of Urjit R Patel, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the banknote, RBI said in a statement on Sunday.

01 Dec 2016

RBI cautions against fake notifications, instructions on social media

In wake of several notifications and instructions circulated in the name of Reserve Bank of India (RBI) on social media by some unscruplous elements post November 8 demonetisation move, the Central Bank has issued a notice on its website advising people to remain cautious.

24 Nov 2016

Demonetisation: Govt extends usage of old Rs 500 notes till December 15, makes Rs 1000 invalid for payments

Government has extended date for usage of old notes for payment in public utilities till December 15. However, Rs 1000 not is not valid for payment.

11 Nov 2016

Long queues, chaos continue at ATMs even as banks pump in cash

As ATMs opened on Friday, nearly 48 hours post Prime Minister Narendra Modi`s announcement that 500 and 1000 rupees notes will no longer be legal tender, long queues were witnessed outside the ATMs across the nation as people thronged to get new currency notes in lieu of the demonetised currency.

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