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Home > Demonetisation
Demonetisation
The value of total notes in circulation as at end of March 2019 stood at Rs 21,109 billion, Minister of State for Finance Anurag Thakur said in a written reply in the Lok Sabha on Monday. (Photo: File | PTI)
Currency in circulation rises to Rs 21 lakh crore as on March 2019: Thakur
10 Dec 2019 9:22 AM

MoS Finance Anurag Thakur was responding to a query whether currency notes in circulation increased post-demonetisation.

The overall capitalisation levels of SFBs remained comfortable supported by capital infusion of approximately Rs 2,700 crore in FY19 compared to Rs 890 crore in FY18.
SFBs would need nearly Rs 3,900 crore till FY22: ICRA
12 Nov 2019 1:33 AM

SFBs have made good progress on deposit mobilisation.

This rapid growth in the payment systems, inter-alia, has been facilitated by a series of measures taken by the Reserve Bank of India," the central bank said in a statement on furthering digital payments. (Representational image)
No levying of charges on NEFT payment from January: RBI to banks
08 Nov 2019 5:25 PM

RBI has also proposed that FASTags would be enabled to pay for parking fee and even at fuel stations.

Former economic affairs secretary Subhash Chandra Garg.
On DeMo anniversary, former FinMin official Garg says Rs 2,000 notes being hoarded
08 Nov 2019 11:37 AM

India has still a long way to go with more than 85 per cent payment transactions in the country still taking place in cash.

India Ratings and Research too believes the GST Council’s decision to reduce GST rate on hotel tariffs among different tariff buckets.
Hospitality RevPAR growth set to improve
01 Oct 2019 1:00 AM

Since demonetisation, the growth in Revenue per Available Room (RevPAR) had dropped from 5.5 per cent in 2016 to 1.9 per cent in 2018.

Manmohan Singh said it is particularly distressing that the manufacturing sector's growth is tottering at 0.6 per cent. (Photo: File | ANI)
State of economy deeply worrying: Manmohan Singh
01 Sep 2019 11:08 AM

Former PM Manmohan Singh said the last quarter GDP growth rate of 5 per cent signals that 'we are in midst of a prolonged slowdown'.

India still continues to be the fastest growing economy, Finance Minister Nirmala Sitharaman told the Rajya Sabha on Tuesday. (Photo: File)
‘Economic growth high on agenda of govt,’ says Nirmala Sitharaman
03 Jul 2019 11:13 AM

Finance Minister said in the last quarter, there could have been a fall and steps have been taken to improve the economy.

Growth of digital transactions in terms of value has increased to 188.07 lakh crore in September 2018 from 112.27 lakh crore in November 2016.
Currency in circulation rises 22 pc in May over pre-demonetisation level
25 Jun 2019 7:17 PM

Notes in circulation as on Nov 4, 2016 were Rs 17,74,187 cr, which have now increased to Rs 21,71,385 cr as on May 31, 2019.

Note ban hit GDP growth; RBI must cut rates: India Inc
05 Jun 2017 11:50 AM

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