remonetisation
Total notes in circulation drop to Rs 11.73 lakh crore
Before ban, Rs 15 lakh crore worth currency notes were in circulation, according to RBI data.
12 lakh new notes infused in market: Arun Jaitley
Finance Minister says cost of currency note is function of direct and indirect material and labour cost.
DeMo positive side to be visible from April
Das was speaking at launch of OECD's Economic Survey for India which cut its growth forecast to 7 per cent.
Imported inflation risks rise for India
The rupee depreciation will add to inflationary pressure, reducing the possibility of a rate cut in the near future.
Assocham prez: Economy is still in remonetisation stage
He said that proposals like Tax Collected at Source on transactions above Rs 2 lakh could be revisited to revive consumer demand.
Looking into reports of cash shortages at ATMs: Das
RBI monitoring cash supply on daily basis and situation in country was normal now, says DEA secretary.
No plans to introduce new Rs 1,000 note, focus on Rs 500: Shaktikanta Das
DEA secretary says govt's focus was to enable enough cash supply in lower denomination of Rs 500 and 100 notes.
RBI has developed a thick skin: Urjit Patel
He said everyone agrees that not just the RBI, but the wider banking system has done a “herculean job” over the last few months.
Normalcy in currency operations restored: Jaitley
Finance Minister says currency note printing presses of RBI and govt have worked without a break to remonetise by issuing new bank notes.
Remonetisation process almost complete: Jaitley
Finance Minister says situation almost normal and RBI monitoring currency supply position on daily basis.