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RBI says 98.08% of ₹2,000 notes returned: What to do if you still haven't?

The RBI announced the withdrawal of ₹2,000 notes on May 19, 2023. It has since periodically published the status of the amount of such notes being returned

These <span class='webrupee'>₹</span>2,000 banknotes were originally introduced in November 2016 after the demonetisation of the <span class='webrupee'>₹</span>1,000 and <span class='webrupee'>₹</span>500 notes(Representational Image/Pixabay)

business

Published on Dec 03, 2024 03:27 PM IST

ByAbhyjith K. Ashokan

Why Nepal’s new currency note has reignited discourse over border disputes

The border dispute over Kalapani is rooted in competing interpretations of maps and ground evidence.

Kathmandu: A Rs. 100 Nepal bank note. Nepal government has decided to replace the map of Nepal printed in the background of bank note amounting to Rs. 100 with the new pointed map. (PTI Photo) (PTI05_03_2024_000362B)(PTI)

analysis

Published on May 06, 2024 10:35 AM IST

ByAkhilesh Upadhyay

Bengaluru Police busts gang circulating fake Indian currency notes; three held

The accused have also circulated fake notes of face value ₹three to four lakhs to their contacts based in Kerala, Karnataka and Andhra Pradesh.

The arrests were made after secret information was received at Cottonpet police station about the circulation of fake Indian currency notes by two men in their jurisdiction. (HT File)

cities

Published on Aug 01, 2023 08:13 AM IST

PTI | | Posted by Yamini C S

Kapil Sibal attacks Modi government on wrestlers' protest, ‘notebandi’

Sibal's statement comes two days after the protesting wrestlers took the decision to immerse their medals in Ganga.

india news

Published on Jun 01, 2023 12:08 PM IST

BySreelakshmi B

Tamil Nadu CM Stalin attacks Centre after RBI withdraws ₹2000 notes

Opposition leaders have criticized the move of the RBI to withdraw ₹2000 currency notes from circulation.

Tamil Nadu chief minister MK Stalin (HT File Photo)

india news

Updated on May 20, 2023 05:37 PM IST

BySreelakshmi B

BJP MP Sushil Modi on why ₹2,000 currency note should be phased out

Citing examples of developed countries like the US and Japan, the Sushil Kumar Modi said they do not have currency above 100 and, therefore, the Centre should think about banning it.

BJP MP Sushil Kumar Modi. (HT File Photo)

india news

Published on Dec 12, 2022 10:11 PM IST

ByAniruddha Dhar, New Delhi

Nirmala Sitharaman says no plan to print currency notes to tide over crisis

In March this year, the government had informed Parliament that ₹2,000 currency notes have not been printed in the last two years.

Union finance minister Nirmala Sitharaman speaks in Lok Sabha on Monday, during the monsoon session of Parliament.(ANI Photo)

business

Published on Jul 26, 2021 03:06 PM IST

Byhindustantimes.com | Edited by Amit Chaturvedi, Hindustan Times, New Delhi

Second case of firing in city within 24 hours, TikTok star hurt

Was talking on mobile phone outside Eskobar in Sector 9 when he was fired upon allegedly by a man from Ludhiana

The crime scene at Sector 9 in Chandigarh on Sunday night.(HT Photo)

cities

Updated on Oct 12, 2020 11:11 PM IST

Hindustan Times, Chandigarh | ByHT Correspondent, Chandigarh

Using demonetisation ruse, man, 55, cheats Delhi trader of Rs 2 lakh

The alleged cheat offered to exchange Rs 2,000 notes with the Rs 1,000 notes by claiming that he has managed to procure bundles of the new Rs 1,000 notes, the police said on Tuesday.

The conman, identified as Ajay Sharma, was arrested from his home at Sahibabad in Uttar Pradesh’s Ghaziabad on Sunday, a day after the food grain merchant from north Delhi’s Lahori Gate Naya Bazar filed a cheating complaint at the local police station, said deputy commissioner of police (north) Anto Alphonse. (HT Photo)

cities

Updated on Sep 15, 2020 11:25 AM IST

Hindustan Times, New Delhi | ByKarn Pratap Singh

In this village near Mumbai, school teacher uses currency notes, colour pencils to teach maths amid pandemic

In a class of 44 students, only two students’ parents had smartphones with internet connectivity and hence, online classes were out of question. So, Kathole worked out a simpler solution. He scanned a range of currency notes and arranged them on a sheet of paper so that his pupils in classes III and IV could learn basic mathematical concepts of addition and subtraction

education

Published on Sep 14, 2020 10:18 AM IST

Hindustan Times, Mumbai | ByPriyanka Sahoo

2 women among 4 held with fake currency notes worth ₹9.18 lakh in Kharar

They used printers to print the notes and reportedly circulated the money by luring people with the promise to pay them more in exchange for their money, police said

Fake currency notes have been seized in Kharar from four persons, including two women.(HT photo/For representation only)

cities

Updated on Sep 10, 2020 10:18 PM IST

Hindustan Times, Mohali | ByHT Correspondent, Mohali

Smuggler of fake Indian currency nabbed on Bangladesh border

Though the counterfeit notes have a face value of only ₹1.35 lakh, the arrest is being seen as a proof that FICN smugglers are active during the pandemic

The face value of the seized notes is <span class='webrupee'>₹</span>1.34 lakh.(HT Photo)

cities

Updated on Aug 25, 2020 04:50 PM IST

Hindustan Times, Berhampore | BySreyasi Pal

RBI did not print even one Rs 2,000 note in 2019-20

The number of Rs 2,000 notes peaked at 3.36 billion units (or pieces) in 2017-18. This number dropped to 3.29 billion in 2018-19. It has fallen again to 2.73 billion in 2019-20

Rs 2,000 notes were introduced after the government announced the demonetisation of old Rs 500 and Rs 1,000 notes on November 8, 2016.(Getty Images/iStockphoto)

india news

Updated on Aug 25, 2020 04:16 PM IST

Hindustan Times, New Delhi | ByRoshan Kishore and Rajeev Jayaswal

2 day police remand for 4 held with heroin, weapon

Sohana police looking for contact details of suspects and investigate drug supply sources, including a Zirakpur based peddler

cities

Updated on Jul 27, 2020 07:20 PM IST

Hindustan Times, Mohali | ByHT Correspondent, Mohali

TTD wants Centre to monetise Rs 51 crore worth of old currency notes offered by devotees

TTD trust board chairperson YV Subba Reddy, who met Union finance minister Nirmala Sitaraman in New Delhi on Monday, put forth the request of monetising the old currency notes offered by devotees over a period of time.

Union finance minister has been requested to look into the issue in view of the precarious financial situation of the TTD on account of the coronavirus pandemic(File photo)

states

Updated on Jul 14, 2020 07:56 AM IST

Hindustan Times, Hyderabad | BySrinivasa Rao Apparasu | Edited by Meenakshi Ray

Cash stolen from temple donation box in Pune’s Budhwar peth

The worth of stolen currency is between ₹1,200 to ₹1,400 including currency notes and coins.

Police during investigation at Pasodya Vithoba temple in Budhwar peth, on Sunday.(HT PHOTO)

cities

Updated on Jun 15, 2020 03:53 PM IST

Hindustan Times, Pune | ByHT Correspondent

Lockdown blues: Waiting for your salon appointment, aren’t you?

A joke’s going around - once the lockdown ends, we’ll know everyone’s real hair colour! Even as several men and women have made do the au naturel look, they’re also pining to avail salon services to take care of bushy eyebrows, fuzzy facial hair, brittle nails and unruly hair.

Be it by way of single-use products, increased sanitation or disposable tools, salons are likely to take multiple measures post-lockdown to ensure hassle-free experiences for customers.(Getty Images/iStockphoto)

lifestyle

Updated on Apr 20, 2020 01:59 PM IST

Hindustan Times | ByRadhika Bhirani

₹500 notes lay on Delhi street, no one touches due to coronavirus fear

The fear among many people that currency notes could be carriers of the coronavirus disease (Covid-19) resulted in a peculiar situation in North Delhi’s Lawrence Road on Wednesday afternoon.

Though studies indicated that the virus, transmitted through droplets, could be passed on even from dried surfaces to humans, there is not enough scientific evidence on how long it survives on currency notes. (Photo by Jasjeet Plaha / Hindustan Times)

india news

Updated on Apr 17, 2020 03:28 PM IST

Hindustan Times, New Delhi | ByShiv Sunny

Covid-19: An epidemic is an epidemic. A war is a war| Analysis

They are both serious threats, but using the war metaphor is harmful because it skews our response to the crisis

The Covid-19 crisis has a key role for the government, but we should not assume that only the government has the answers(Waseem Andrabi / Hindustan Times)

analysis

Published on Apr 12, 2020 06:26 PM IST

BySuyash Rai and Rahul Verma

Vishu 2020: Importance and significance of the festival

In Kerala, the beginning of the Zodiac New Year is celebrated as the festival of Vishu.

On this day, the most significant event is the sighting of the Vishukkani during dawn, which is believed to bring luck throughout the year.(Shutterstock)

lifestyle

Updated on Apr 14, 2020 07:32 AM IST

Hindustan Times | ByHT Correspondent

Coronavirus: IIT develops UV-technology fitted ‘trunk’ for homes to sanitise grocery items,currency notes

According to the team at IIT Ropar, the trunk when commercialised, can be available at less than ₹500.

Indian Institute of Technology, Ropar. (HT file)

education

Published on Apr 10, 2020 11:47 AM IST

New Delhi | ByPress Trust of India

Can currency notes carry and spread novel coronavirus?

Some of the previously conducted studies point at the possibility of currency notes transmitting disease-causing, drug-resistant pathogens.

Another study, which examined 96 notes and 48 coins of various denominations, had found that almost all samples harboured bacteria, fungus and parasites.

india news

Updated on Mar 08, 2020 04:01 PM IST

Hindustan Times, New Delhi | ByHT Correspondent

Manipur militants caught in Bengal with ransom money during raid to recover FICN

The arrests were made during a raid to recover fake Indian currency note (FICN), said a senior officer of the Kolkata Police. The Manipur police have been informed.

The militants told the police that they got the money for releasing Avijit Dhar, a project manager with a private company, who was abducted on February 19 from Noney district in Manipur.(REUTERS PHOTO.)

india news

Updated on Feb 28, 2020 11:10 PM IST

Hindustan Times, Kolkata | ByHT Correspondent

After cities, China quarantines cash to control coronavirus outbreak

China’s central bank, the People’s Bank of China (PBOC), has also pumped in billions in new notes in the worst-hit central Chinese province of Hubei for the safety of citizens and bank staff dealing with cash.

Money circulated in less riskier areas is also subject to a week of “quarantine” – or stored for a week – before being put back in circulation.(FILE PHOTO.)

world news

Updated on Feb 16, 2020 01:44 AM IST

Hindustan Times, Beijing | BySutirtho Patranobis

‘Matter of national interest’, says SC on plea over Kashmir group defacing notes

The petitioner has claimed that the Jammu regional branch of RBI, on the instructions of its then Regional Director, exchanged the defaced currency notes.

The petitioner had first sought information through RTI, moved Supreme Court after the appeals were dismissed.(Burhaan Kinu/HT Photo)

india news

Updated on Jan 07, 2020 05:10 PM IST

Hindustan Times, New Delhi | ByMurali Krishnan

CBI awards 4-year jail to former Chandigarh ASI for graft

Had accepted ₹3,500 in bribe from complainant who was being harassed after a ₹500 currency note he had offered to a shopkeeper turned out to be fake

cities

Published on Dec 04, 2019 12:49 AM IST

Hindustan Times, Chandigarh | ByTanbir Dhaliwal, Chandigarh

Video of portable Indian currency printing machine stumps Bengal forest dept officers

The video, showing the machine in operation and printing fake currency notes of ₹500 denomination, was stored in the mobile phone of one of the arrested men. The videos were passed on to the police and the government was alerted.

The officers also found a video showing bundles of 2000 rupee notes, said Sanjay Dutta, forest range officer, Belakoba and head of the special task force in north Bengal.(Screengrab of the video/HT)

india news

Updated on Jul 28, 2020 01:38 AM IST

Hindustan Times, Kolkata | ByTanmay Chatterjee and Joydeep Thakur

Money thrown out of sixth floor office in Kolkata during DRI raid

Eyewitnesses said the incident took place when a team of Directorate of Revenue Intelligence officers were conducting raids.

A shopkeeper recorded the incident on his phone.(Screengrab from ANI video)

india news

Updated on Nov 21, 2019 09:57 AM IST

Hindustan Times, Kolkata | ByHT Correspondent

Note ban was futile exercise, knew it would ruin lives: Mamata Banerjee

The saffron party was quick to hit back, claiming that the global financial crisis had a cascading effect on India’s economy and demonetisation had no role in it.

Mamata Banerjee on Friday said the Centre’s move to demonetise high- value currency notes on this day in 2016 was a futile exercise(ANI)

cities

Updated on Nov 08, 2019 12:51 PM IST

Kolkata | ByPress Trust of India

Demonetisation ‘still a mystery’ even after 3 years, says Youth Congress

Narendra Modi government had invalidated ₹500 and ₹1000 currency notes on November 8 in 2016 and said crackdown on black money was one of its main objectives. Its political opponents have maintained that the move was aimed to benefit a few industrialists and resulted in massive job losses in the informal sector.

The Youth Congress will protest outside the Reserve Bank of India in Delhi on the third anniversary of Demonetisation(AP Photo/File)

india news

Updated on Nov 08, 2019 12:33 PM IST

Hindustan Times, New Delhi | ByHT Correspondent

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currency note news

Latest from currency note

The RBI announced the withdrawal of ₹2,000 notes on May 19, 2023. It has since periodically published the status of the amount of such notes being returned

The border dispute over Kalapani is rooted in competing interpretations of maps and ground evidence.

The accused have also circulated fake notes of face value ₹three to four lakhs to their contacts based in Kerala, Karnataka and Andhra Pradesh.

Sibal's statement comes two days after the protesting wrestlers took the decision to immerse their medals in Ganga.

Opposition leaders have criticized the move of the RBI to withdraw ₹2000 currency notes from circulation.

Citing examples of developed countries like the US and Japan, the Sushil Kumar Modi said they do not have currency above 100 and, therefore, the Centre should think about banning it.

In March this year, the government had informed Parliament that ₹2,000 currency notes have not been printed in the last two years.

Was talking on mobile phone outside Eskobar in Sector 9 when he was fired upon allegedly by a man from Ludhiana

The alleged cheat offered to exchange Rs 2,000 notes with the Rs 1,000 notes by claiming that he has managed to procure bundles of the new Rs 1,000 notes, the police said on Tuesday.

They used printers to print the notes and reportedly circulated the money by luring people with the promise to pay them more in exchange for their money, police said

Though the counterfeit notes have a face value of only ₹1.35 lakh, the arrest is being seen as a proof that FICN smugglers are active during the pandemic

The number of Rs 2,000 notes peaked at 3.36 billion units (or pieces) in 2017-18. This number dropped to 3.29 billion in 2018-19. It has fallen again to 2.73 billion in 2019-20

Sohana police looking for contact details of suspects and investigate drug supply sources, including a Zirakpur based peddler

TTD trust board chairperson YV Subba Reddy, who met Union finance minister Nirmala Sitaraman in New Delhi on Monday, put forth the request of monetising the old currency notes offered by devotees over a period of time.

The worth of stolen currency is between ₹1,200 to ₹1,400 including currency notes and coins.

A joke’s going around - once the lockdown ends, we’ll know everyone’s real hair colour! Even as several men and women have made do the au naturel look, they’re also pining to avail salon services to take care of bushy eyebrows, fuzzy facial hair, brittle nails and unruly hair.

The fear among many people that currency notes could be carriers of the coronavirus disease (Covid-19) resulted in a peculiar situation in North Delhi’s Lawrence Road on Wednesday afternoon.

They are both serious threats, but using the war metaphor is harmful because it skews our response to the crisis

In Kerala, the beginning of the Zodiac New Year is celebrated as the festival of Vishu.

According to the team at IIT Ropar, the trunk when commercialised, can be available at less than ₹500.

Some of the previously conducted studies point at the possibility of currency notes transmitting disease-causing, drug-resistant pathogens.

The arrests were made during a raid to recover fake Indian currency note (FICN), said a senior officer of the Kolkata Police. The Manipur police have been informed.

China’s central bank, the People’s Bank of China (PBOC), has also pumped in billions in new notes in the worst-hit central Chinese province of Hubei for the safety of citizens and bank staff dealing with cash.

The petitioner has claimed that the Jammu regional branch of RBI, on the instructions of its then Regional Director, exchanged the defaced currency notes.

Had accepted ₹3,500 in bribe from complainant who was being harassed after a ₹500 currency note he had offered to a shopkeeper turned out to be fake

The video, showing the machine in operation and printing fake currency notes of ₹500 denomination, was stored in the mobile phone of one of the arrested men. The videos were passed on to the police and the government was alerted.

Eyewitnesses said the incident took place when a team of Directorate of Revenue Intelligence officers were conducting raids.

The saffron party was quick to hit back, claiming that the global financial crisis had a cascading effect on India’s economy and demonetisation had no role in it.

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