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NEWS
More than 7 years after demonetisation, ATMs are back in spotlight
Mon, Apr 22, 2024     Source : Business Standard
Demand for cash has increased as e-commerce, retail firms expand. Cash-on-delivery accounts for more than 60% of e-commerce payments
NEWS
Cash withdrawals at ATMs rise 235% since 2016 demonetisation
Thu, May 25, 2023     Source : Economic Times
Cash is still king more than 76 months after demonisation. Cash withdrawals from ATM rose 235% to ?2.84 lakh crore at the end of March 2023, data released by CMS Infosystems a banking logistics and technol...
NEWS
Number of income tax payers rose by 1 crore in fiscal year following demonetisation
Tue, Feb 14, 2023     Source : Business Line
Number of corporate tax and personal income tax payers has risen by 32 per cent and 60 per cent, respectively, in first seven years of Modi government
NEWS
FM Nirmala Sitharaman welcomes SC verdict on demonetisation
Tue, Jan 03, 2023     Source : Economic Times
Finance Minister Nirmala Sitharaman on Monday welcomed the Supreme Court judgement upholding the decision of the Modi government to demonetise high value currency notes in November 2016.
NEWS
Cash in circulation nearly doubles in 6 years post demonetisation
Tue, Nov 08, 2022     Source : Economic Times
Even as digital payments are logging steep double digit growth, cash currency in the system continues to post strong growth.
NEWS
4 years on, PM Narendra Modi says demonetisation demolished corruption
Mon, Nov 09, 2020     Source : Business Standard
On November 8, 2016, Modi announced the decision to ban all currency notes of denomination of 500 and 1,000 from midnight
NEWS
Rs 2,000 notes were not printed in 2019-20: RBI annual report
Wed, Aug 26, 2020     Source : Economic Times
Currency notes of Rs 2,000 denomination were not printed in 2019-20 and the circulation of these notes have declined over the years, according to RBI's annual report.
NEWS
Good time to buy stocks, this key indicator shows first time since demonetisation
Thu, Mar 12, 2020     Source : Financial Express
The earnings yield of Nifty 50 index has exceeded bond yield by 45 basis points, a report by ICICI Securities said. In the past when earnings yield exceeded bond yields, stock market returns surpassed expe...
NEWS
Rs 500 notes to push Rs 2,000 out in mega ATM reboot: Things you must know
Wed, Feb 26, 2020     Source : Business Standard
Biggest recalibration since demonetisation; Rs 2,000 notes to remain legal tender but to be pulled out of circulation
NEWS
Demonetisation cases: CBDT extends taxman's deadline to December 31
Fri, Sep 27, 2019     Source : Economic Times
An order was issued by the Central Board of Direct Taxes (CBDT) on Thursday, setting the new deadline on December 31, the official said.
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