Demonetisation: Currency situation has stabilised to a great extent, says Arun Jaitley
On the eve of end of the 50-day window of note ban on Friday, Finance Minister Arun Jaitley said that the currency situation has stabilised to a large extent. However, he didn't provide any indication on lifting restrictions on cash withdrawal from banks and ATMs.
Dec 30, 2016, 20:09 PM IST
Large benefits of demonetisation visible; most part of old currency notes remonetised, says Jaitley
Arun Jaitley said that the Reserve Bank of India (RBI) has very large currency available adding that large part of old currency notes replaced and more notes of Rs 500 being released.
Dec 29, 2016, 15:23 PM ISTRBI's all powerful central board has vacancy for 10 directors
RBI's all powerful central board is short of ten non-official directors and one Deputy Governor at a time when the apex bank is engaged in massive demonetisation and remonetisation exercises.
Dec 25, 2016, 15:05 PM ISTArun Jaitley hints not all of Rs 15.44 lakh crore worth of currency junked will be remonetised
Hinting that not all of the Rs 15.44 lakh crore worth of currency scrapped will be remonetised, Finance Minister Arun Jaitley said that the digital currency will fill the gap.
Dec 17, 2016, 14:54 PM ISTDemonetisation a courageous step, India holds adequate capacity to take note ban decision: Arun Jaitley
Finance Minister Arun Jaitley on Saturday hinted that not all of the Rs 15.44 lakh crore worth of currency junked will be remonetised through issuance of new notes as he said digital currency will fill the gap.
Dec 17, 2016, 11:09 AM ISTDemonetisation: Withdrawal restrictions to be relaxed once 80% of new currency is remonetised, says report
Government is planning to relax restrictions on withdrawal limit once 80 percent of the new currency is re-channelised in bank deposits, said top government official.
Dec 15, 2016, 15:14 PM IST