500 Rupee Note News: The circulation of counterfeit notes has become rampant in the market lately; cunning criminals produce ...

"Rs 500 notes have NOT been discontinued and remain legal tender," the Press Information Bureau (PIB) Fact Check division - ...

(Bloomberg) -- India is withdrawing its highest value currency note from circulation, giving consumers and businesses a four-month deadline to exchange or deposit the legal tender, a move reminiscent ...

The report sparked concern, raising fears that another demonetisation move might be underway. However, the bank has clarified ...

MUMBAI, June 7 (Reuters) - About three-fourths of Indians are choosing to deposit the recently withdrawn 2000-rupee notes into bank accounts so far rather than exchanging them for smaller ...

On May 19, the Reserve Bank of India announced that it was pulling out of circulation the country’s highest denomination currency, the 2,000 rupee note (worth $24.27 at today’s exchange rate). Unlike ...

The move to retire 2,000-rupee notes, worth $24, has triggered bad memories of a similar campaign in 2016. It has also left some businesses short of change. By Sameer Yasir and Mike Ives Sameer Yasir ...

MUMBAI, Sept 1 (Reuters) - The Reserve Bank of India (RBI) on Friday said 93% of the country's highest denomination 2,000-rupee currency notes - worth 3.32 trillion rupees ($40.14 billion) - have been ...

NEW DELHI, June 21 (Reuters) - Amazon AMZN.O said on Wednesday it will collect soon-to-be-withdrawn 2,000 rupee ($24) notes from customers in India and credit them to online wallets to help people ...

India’s shorter-maturity bonds rallied and money market rates eased on bets that a withdrawal of the nation’s highest value currency note would leave banks with surplus cash to invest. As much as 1 ...

Introduced when the 500- and 1,000-rupee notes were demonetized in 2016, the 2,000-rupee note has now been pulled out of circulation.