Nearly four-fifths of the ₹2,000-denomination currency notes have been deposited in banks, the central bank said on Monday. It said that ₹2.72 lakh crore worth […]
Tag: denomination
Rs 2,000 note withdrawal: Kotak Mahindra Bank garners deposits of Rs 5,400 crore
Kotak Mahindra Bank has garnered about Rs 5,400 crore of fresh deposits courtesy of the RBI’s move to withdraw the Rs 2,000 denomination notes, a […]
As Rs 2000 notes flow back, 80% stay within banking system
Bankers expect a 150-basis-point rise in deposit levels as the initial few days into the mandated exchange of ₹2,000 banknotes showed that almost 80% of […]
Withdrawal of Rs 2000 to have favourable impact on deposits, interest rates: SBI study
An SBI study on Tuesday said the withdrawal of Rs 2000 currency note is likely to be a non-event but it will have a favourable […]
The purpose of Rs 2,000 in the system has been fulfilled, says RBI Governor Shaktikanta Das
At a briefing today, RBI governor Shaktikanta Das answered various questions regarding the withdrawal of Rs 2,000 currency notes from circulation. The Rs 2,000 was […]
No extra cost to reconfigure ATMs
Banks will not have to bear the additional cost of recalibrating the automated teller machines (ATMs) following the withdrawal of the ₹2,000 currency notes, as […]