Rs 500 Notes

Friday, May 17, 2024 | Last Update : 12:30 PM IST

The RBI on Sunday said it is using sophisticated machines to test the accuracy of the demonetised notes.

RBI using 'sophisticated' machines to test 'genuineness' of demonetised currency

Earlier, the media reported the bank's RTI statement saying it was not using machines to count the scrapped currency.

11 Sep 2017 10:08 AM

Old Rs 500 notes were banned along with Rs 1,000 curreny notes on November 8 last year. (Photo: PTI/FIle)

RBI says received 99 per cent of scrapped Rs 500/1000 notes worth Rs 15.2 lakh cr

Govt cancelled Rs 1,000 and Rs 500 currency notes as part of drive against black money and tax evasion.

30 Aug 2017 5:56 PM

Congress leader Kapil Sibal showing photocopies of the two kinds of Rs 500 notes in the Rajya Sabha in New Delhi. (Photo: PTI)

Rajya Sabha din on ‘2 types’ of Rs 500, Rs 2,000 notes

The Congress claimed never before has the “credibility of the currency in circulation been challenged like this as today”.

09 Aug 2017 2:16 AM

Kapil Sibal said different sizes of these notes were being printed – 'one for the ruling party (members) and one for the others'. (Photo: RSTV screengrab)

Biggest scam of century: Cong questions 2 sizes of Rs 500, 2000 notes

Deputy Chairman P J Kurien said even if there are two types of notes, it cannot be a point of order.

08 Aug 2017 2:11 PM

New Rs 500 notes were issued after old were banned.

RBI issues new batch of Rs 500 notes to boost supply

There is no major change in design of these notes in comparison to the earlier issued notes.

13 Jun 2017 2:04 PM

Rs 500, Rs 2000 notes were in stock before DeMo: RBI

Urjit Patel says no records of talks between RBI and govt on note ban were maintained because of secrecy.

27 Apr 2017 6:59 PM

New Rs 2000 notes have been introduced in banking system.

Know cost of printing Rs 2,000 and Rs 500 notes

Govt had scrapped Rs 15 lakh crore worth of old Rs 1,000 and Rs 500 notes in November last year.

15 Mar 2017 5:23 PM

New currency notes of Rs 500. (Photo: PTI)

Madhya Pradesh: Man gets Rs 500 notes with one-side blank

The bank officials, however, said the misprinted notes were received as such from the Reserve Bank of India.

12 Jan 2017 4:27 PM

The government on Thursday announced that there would be no jail term for holding demonetised notes of Rs 500 and Rs 1000 beyond March 31. (Photo: PTI/File)

Govt drops jail term for holding more than 10 old notes

Govt made a U-turn on 4-year jail term but will continue with the plan to impose a fine of up to Rs 50,000 for holding Rs 500/1000 notes.

29 Dec 2016 7:14 PM

The ordinance includes recommendations made by the Central board of directors of the Reserve Bank of India (RBI). (Photo: File)

Govt plans heavy fine on possession of demonetised notes

The penal provisions, which are yet to be finalised, will involve a fine of a minimum Rs 50,000 or 5 times the amount in question.

26 Dec 2016 7:59 PM

Demonetisation: SC refuses to extend use of old Rs 500 notes

Refers petitions to five-judge Constitution bench by framing 9 questions for adjudication.

16 Dec 2016 11:39 AM

People queue up outside an ATM to withdraw money at Shastri Bhavan in New Delhi. (Photo: PTI)

2 lakh ATMs recalibrated, focus now on printing Rs 500 notes: Govt

Economic Affairs Secretary Shaktikanta Das also said that the new Rs 500 and Rs 2000 notes are difficult to counterfeit.

15 Dec 2016 6:40 PM

Govt had allowed use of Rs 1,000, Rs 500 notes for certain utility services till November 24. (Representational image)

Only old Rs 500 notes allowed for transactions in exempted categories: Govt

There will be no over-the-counter exchange of old notes after midnight tonight, while Rs 1000 notes will not be accepted anywhere.

24 Nov 2016 8:58 PM

The Modi government is expected to announce on Thursday evening further extensions on exemptions of old notes for accessing essential services. (Photo: File)

Govt extends exemption on toll tax, other concessions likely today

The government on Wednesday told the Supreme Court that it may give yet another extension if it thinks it was required.

24 Nov 2016 4:21 PM

A Bank Employee counting the bundles of the received currency of old 1000 & 500 notes at a cash counter. (Photo: PTI)

Govt allows farmers to use old notes for buying seeds

Meanwhile, RBI said that holders of current, overdraft or cash credit accounts may now withdraw up to Rs 50,000 in cash per week.

21 Nov 2016 2:47 PM

It will deal a severe blow to the parallel economy and will disrupt the life tyles of the corrupt leaders, bureaucrats, businesses, anti-national who facilitate terror funding. It will deal a severe blow to the parallel economy and will disrupt the life tyles of the corrupt leaders, bureaucrats, businesses, anti-national who facilitate terror funding.

Demonetisation a bold and gutsy move: USIBC

Modi has demonstrated once again the ability to 'Think the Unthinkable'.

19 Nov 2016 4:05 PM

RBI refuses to reveal details on new Rs 500 notes, cites security reasons

The decision to ban DCCBs from exchanging notes was made apprehending malpractices.

18 Nov 2016 4:39 PM

Details on release of new Rs 500 notes not possible: RBI

The decision to ban DCCBs from exchanging notes was made apprehending malpractices.

18 Nov 2016 3:48 PM

Two sack-full of torn and damaged currency notes of Rs 500 and Rs 1000 were recovered from a garbage vat in Kolkata on Sunday. (Photo: ANI/Twitter)

Kolkata: 2 sacks of torn banned notes found in garbage vat

Police said they are examining these notes and trying to find out their origin.

13 Nov 2016 5:14 PM

Simply stepping forward and declaring the money is not an appealing option for tax dodgers, as banks have to report to tax authorities anybody depositing over 250,000 rupees ($3,765).

Indians find way out as black money noose tightens

Being found to be holding undeclared cash can lead to a penalty of 200 per cent of the tax owed.

12 Nov 2016 10:42 AM

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K.C. Singh

rs 500 notes