RBI further asserted that the currency printing presses are equipped with state-of-the-art machinery
To ensure bank branches clearly differentiate between deposits made in old Rs 500 & Rs 1,000 currency notes & new ones
Old currency notes worth Rs 25 lakh was recovered by the police; new notes totalled up to Rs 85 lakh
However, hoarding of new currency notes has arisen as a bigger challenge
Significant portion of the funds used to fuel urban demand have become illegal and inoperative
Branches to remain open on Saturday and Sunday
Remember, you cannot get more than Rs 4,000 exchanged at a time till 24th November
Excerpts from a Deloitte report on the winners and losers from the government's bold move
He hailed the Centre's steps over curbing black money, including the recent Income Declaration Scheme
Decision has come with just months before elections to states of Uttar Pradesh, Punjab, Manipur, Goa and Uttarakhand
In the next few days, use credit/debit cards wherever possible or download your bank's mobile banking app or a mobile wallet
A few hilarious tweets on Modi govt's decision to scrap Rs 500 and Rs 1,000 notes
Here's what you need to do to get rid of cash with you
V Balakrishnan says first thing they should do to remove all the black money is to have political parties receive donations only in cheque
Rs 500 and Rs 1,000 are notes are mostly used in black money transactions, says Modi
The two denominations cease to be legal tender from midnight tonight
Economists say that there is a need for the RBI to launch a massive educational campaign on how to identify counterfeit notes