A widely circulated WhatsApp message claiming the Reserve Bank of India (RBI) will phase out Rs 500 currency notes by March 2026 has been declared fake by the Press Information Bureau (PIB). The RBI ...

The Press Information Bureau's Fact Check clarified that the RBI has issued no such directive and that Rs 500 notes remain ...

This regulatory action comes just weeks after RBI had slapped a ₹1.66 lakh fine on Union Bank for procedural irregularity in soiled note remittance and ATM cash out transactions.

RBI had introduced the clean note policy in 1999, periodically urges people to not write on the notes. Banks are instructed to provide facilities for exchange of soiled and mutilated notes.

CIRCULAR TIRE SERV.EU HLDG ABSK-FLR NOTES 2024 (24/29) (SE0023260674) - All master data, key figures and real-time diagram.

You can exchange soiled or defective notes in any banks all over the country although the rules are different when it comes to exchanging notes in small amounts and in bulk. As per the Reserve ...

Banks accept soiled, mutilated, or defective notes for exchange Soiled notes can be exchanged at bank counters Soiled notes refer to currency that has become dirty due to regular use A common concern ...

The unclear RBI circular comes at a time when volumes on the offshore currency futures markets at Dubai Gold and Commodity Exchange have steadily increased compared with on-shore exchanges.

The RBI communicated its decision through a letter dated January 10, 2024. The penalty, initially imposed on December 22, 2023, was related to a shortfall in soiled note remittances.

Are you a holder of torn, soiled, damaged currency note? Do no worry, take the note(s) and go to any bank branch. They will exchange the notes and give you fresh currency notes. However the value of ...

The Delhi High Court on Monday dismissed a public interest litigation challenging the Reserve Bank of India's decision to withdraw Rs 2,000 notes from circulation.A division bench of Chief Justice ...

2000 Rupee note news: A Delhi High Court division bench on Tuesday reserved its judgement on a plea against the withdrawal of Rs 2,000 notes from circulation. The decision was regarding a petition ...