Tag: demonetisation
Is Indian currency being printed in China?
A report by the South China Morning Post has said that China is printing currencies for the governments of several countries, including India, Nepal, Sri Lanka, Bangladesh, Malaysia and Brazil.
99% of demonetised notes returned to banking system: RBI
In his 15 August speech on the occasion of Independence Day, Prime Minister Modi said that more than Rs 1.75 trillion deposited in banks after demonetisation was under the scanner.
18 lakh people, Rs 1.75 lakh crore deposits under scrutiny: Modi
Addressing the nation on the 71st Independence Day, he said demonetisation of old Rs 500 and Rs 1,000 notes last November led to at least Rs 2 lakh crore of hereto undeclared income coming into the banking system.