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Old currency notes News

03 Oct 2021

Unbelievable! THIS Re 1 Indian currency note can fetch 45,000, here’s how

Selling an old Re 1 note can fetch you Rs 45,000. The one rupee coin is available for purchase on the coinbazzar website. It should meet certain criterias.

Reserve Bank of India

04 Aug 2021

Online selling and buying of old notes, coins: Must read RBI's caution message

The Reserve Bank of India has further clarified that it does not deal in such matters and never seeks charges/ commissions of any sort. The RBI has also not authorised any institution/ firm/ person etc. to collect charges/ commission on its behalf in such transactions, said the Central Bank.

29 May 2017

Rs 50 lakh in defunct notes seized in Gujarat; 2 detained

Though police managed to nab the duo, who was carrying a box, the car driver drove off after spotting law enforcement personnel.

29 Dec 2016

Large benefits of demonetisation visible; most part of old currency notes remonetised, says Jaitley

Arun Jaitley said that the Reserve Bank of India (RBI) has very large currency available adding that large part of old currency notes replaced and more notes of Rs 500 being released.

Kolkata businessman

22 Dec 2016

Kolkata businessman arrested for converting Rs 25 crore old currency

The Enforcement Directorate on Thursday arrested businessman Parsamal Lodha for converting over Rs 25 crore old currency into new.

21 Dec 2016

Demonetisation: RBI changes cash deposit rules again; no Rs 5,000 limit for KYC compliant account holders

Reserve Bank of India (RBI) on Wednesday modified cash deposits rules by exempting KYC accounts from Rs 5,000 cap.

20 Dec 2016

Demonetisation: Old notes deposit above Rs 5000 to be made only once per account till December 30

Deposit of banned Rs 500 and Rs 1,000 notes for amount exceeding Rs 5000 shall be made only once per account until December 30, the government said on Monday.

18 Dec 2016

Demonetisation has a new group of fans and you won't believe who they are!

While most political parties in the opposition have been against it, there is no denying that demonetisation has also found huge supporters from various walks of life.

30 Nov 2016

Demonetisation: Old Rs 500 and Rs 1,000 notes used to make plywood

The shredded old currency notes will be tossed with fine wood chips and then passed through a heavy press.

28 Nov 2016

RBI allows banks to deposit Rs 500, Rs 1,000 notes in district chests

The Reserve Bank of India (RBI) has allowed lenders to park old 500 and 1,000 rupee currency notes in currency chests at the district level in view of mounting deposits due to the ongoing domonetisation drive.

Devendra Fadnavis

23 Nov 2016

Devendra Fadnavis asks private hospitals to accept old currency notes

Amid reports that common people are made to run from pillar to post by some private hospitals for currency notes, Chief Minister Devendra Fadnavis on Wednesday appealed to them to cooperate with the patients seeking urgent medical attention and accept the old higher value notes.

18 Nov 2016

Government instructs private hospitals in Delhi to accept cheques, drafts

Delhi government has issued strict instructions to all private hospitals to accept cheques, demand drafts and online payments from patients.

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