Currency notes News

The RBI has introduced new Rs 500 and Rs 2,000 currency notes after demonetisation. Subsequently, new Rs 200 notes were also introduced in India.

If you are one of those people who have old notes which are either phased out or are scarce in the market, you can earn up to Rs one lakh and even more by auctioning those currency notes. 

In the 15-second long video, a man, wearing a mask on his face, could be seen throwing money from the trunk of the white car while the other person was driving the vehicle.

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.

Sanjit Kumar, an executive engineer of the building construction department was arrested by Vigilance investigators. The engineer has been arrested for allegedly accepting Rs 2 lakh rupees in bribe. Moreover, the currency notes worth Rs 1 crore were also found during a raid at his house.

Amid the ongoing currency notes debate, Congress leader Manish Tiwari asked why there should not be a photo of Ambedkar on the new series of currency notes.

“He is doing political drama to divert people's attention from the flaws of his government and the anti-Hindu mindset of the Aam Aadmi Party," BJP said The BJP leader claimed that Lord Ganesha and Goddess Lakshmi have their blessings on India and PM Modi due to his hardwork and commitment Arvind Kejriwal appealed to Prime Minister Narendra Modi to have images of Lord Ganesha and Goddess Lakshmi on currency notes

"If there is a photo of Lakshmi-Ganesha on our currency (notes), our country will prosper," Delhi Chief Minister Arvind Kejriwal said.

A case of counterfeit currency withdrawal from an ATM has come to the light in UP's Amethi . There was a ruckus among the customers when notes of 200-200 were found to be counterfeit.

ABHM installed an idol resembling Mahatma Gandhi as the demon Mahishasura in a recent Durga Puja. Mahatma Gandhi's likeness was caught in the form of a demon. After this, now this organization has demanded to change the photo on currency notes.

The government had demonetised the then in circulation high-value currency notes of Rs 500 and Rs 1,000 on November 8, 2016, with an aim to check blackmoney and curb terror funding. New currency notes of Rs 500 and Rs 2,000 denominations were also issued after withdrawal of SBNs. On the basis of various inputs, the investigative agencies also started probing matters relating to illegal accumulation of new currency notes.

Torn currency Notes. RBI rules on Torn currency Notes. How to exchange Torn currency Notes.

The RBI has said that currency notes are potential carriers of coronavirus COVID-19 and said that incentives must be announced by the government to encourage digital payments, as per the CAIT. On March 9, 2020, CAIT had written a letter to Union Finance Minister Nirmala Sithraman seeking clarification whether or not currency notes are carriers of bacteria and viruses. The letter was forwarded by Finance Ministry to the Reserve Bank of India. In its reply, RBI has said that currency notes could be carriers of bacteria and viruses, including coronavirus.

Currency notes worth Rs 6,480 were seen scattered on the street in Indore's Hira Nagar. Soon after receiving the information, Station House Officer (SHO), Hira Nagar, Rajeev Singh Bhadoria seized the currency notes after getting them sanitised. 

DRI officials had gone to conduct a search at the office of a private company engaged in export-import activities located on that floor in connection with alleged evasion of duty.

As per a written reply given by Finance Minister Nirmala Sitharaman in the Rajya Sabha Tuesday, the notes in circulation as on November 4, 2016 were Rs 17,74,187 crore, which have now increased to Rs 21,71,385 crore as on May 31, 2019.

At present, banknotes in the denominations of Rs 10, 20, 50, 100, 200, 500 and 2,000 are in circulation, besides Re 1 notes issued by the Government of India.

The Rajya Sabha was on Tuesday repeatedly adjourned over the issue of "two types" of currency notes.

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

The rupee soared 42 paise to 66.18 against the dollar early on Tuesday on increased selling of the US currency by exporters and banks amid higher foreign inflows following BJP's resounding win in UP and positive IIP numbers.