Demonetisation

Digital payments are inaccessible to about 15 crore people who do not have a bank account. Five years after the demonetisation drive abruptly began on November 8, 2016, notes in circulation (NIC) in value terms have increased by 64% as…

Banks Are Stopping Rs 2000 Note Circulation In ATMs, Branches: Is Rs 2000 Note Being Scraped? As per the reports coming in, A top public sector bank in the country reportedly issued instructions to its senior officials to restrict the…

56% Of All Fake Currency Notes Are Rs 2000; Gujarat #1 State In Fake Currency Note Circulation! As per the latest reports of the National Crime Records Bureau (NCRB), in terms of value, Rs 2,000 banknotes comprised 56 percent of all…

Small Traders Avoiding Rs 2000 Notes On Demonetisation Rumors The reach of the internet is quite far and wide, and most of the news that is circulated is nothing but rumors. Another such rumor is that the Government is planning to…

Rs 2000 Notes Can Be Demonetised - Ex Finance Secretary; Will It Cause Disruption? On this date, that is November 8th in the year 2016, PM Modi led BJP Govt. created ripples across India, by demonetising Rs 500 and Rs 1000 currency…

New Note of Rs. 50 Launched The currency of India has undergone a lot of changes over the years, and especially after demonetization. Now, the note of Rs. 50 has been changed and the new note has been launched on Tuesday. However,…

After toiling away at the office, putting in all the hard work and sweating on every little task, great pay is what any employee deserves! And this is truly a piece of good news for every employee out there - employees in India will get an…

And finally, the rumors are coming true. India has stopped printing Rs 2000 currency notes, after two years of its launch during demonetization drive. And the logic is simple: Stop black money and corruption.

As cash vanishes from ATMs, in the last 72 hours, reports have emerged from all over the nation, that there is no cash in 80% of the ATMs. The issue started from Andhra Pradesh and Telangana states, where contractors are known to have a…

While demonetisation was subjected to much ridicule and scrutiny, the fact remains that it undoubtedly lead to the growth of digital payments in India. Despite the opposition it faced from many sections of the country, digital payments have…