Reserve Bank of India

RBI asks Bajaj Finance to stop sanction and disbursal of loans under its two lending products with immediate effect

The Reserve Bank of India said Rs 10,000 crore worth of Rs 2,000 notes are currently in circulation.

Banks will stop accepting Rs 2,000 notes for deposit or exchange from October 8. However, RBI specified options that people could avail for depositing or exchanging Rs 2000 notes from October 8

Reserve Bank of India (RBI) has clarified that Rs 2,000 denomination banknote will cease to have its value after Saturday, 20 September

RBI stated that banks and NBFCs have to release documents of properties and collateral mandatorily within 30 days.

Reserve Bank of India Governor Shaktikanta Das has been rated A+ in the Global Finance Central Banker Report Cards 2023 by the Global Finance magazine.

The Free Press Journal claim that 1760.65 million pieces of ₹500 notes supplied by presses in 2016-17 is wrong, based on misinterpretation of data

Adding to the Rs 2000 banknote deposits, some of the sectors -- Refinery, Oil and Gas, Power, and Chemicals -- which reported improved cash and bank balance, according to the report, are believed to be more active in parking funds with banks.

Furthermore, RBI added that there is a robust system in place for the reconciliation of banknotes printed at the presses and supplied to RBI that includes protocols to monitor the production, storage, and distribution of banknotes.

The Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said 50 per cent of the to-be-withdrawn Rs 2,000 notes came back to the system.