December 27, 2024 10:26 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Congress writes to PM Modi seeking space for building a memorial to Manmohan Singh | Manmohan Singh will be remembered as a kind person, a learned economist, and a leader dedicated to reforms: PM Modi | Russian ambassador to India Denis Alipov grieves Manmohan Singh's demise | Mumbai terror attack shook Manmohan Singh badly, recalls former deputy NSA | I have lost a mentor and guide: Rahul Gandhi writes on Manmohan Singh's demise | Manmohan Singh left strong imprint on our economic policy over years: PM Modi | A rare leader who spoke softly but achieved monumental strides: Gautam Adani mourns Manmohan Singh's death | Instagram influencer and freelance RJ Simran Singh dies by suicide in Gurugram | Anna University sexual assault case: Accused is a DMK worker, claims BJP's Annamalai | Celebrities too responsible for crowd control: Telangana CM Revanth Reddy to Telugu filmdom amid Pushpa 2 stampede row
Liquidity in banks likely to cross estimate of Rs 1 trillion as per market trends show 80% of the total Rs 2000 notes are deposited: SBI report

Liquidity in banks likely to cross estimate of Rs 1 trillion as per market trends show 80% of the total Rs 2000 notes are deposited: SBI report

May 31, 2023, at 06:20 pm

Mumbai: Around 80% of the total Rs 2000 notes received are deposited and the rest 20% are exchanged for smaller denominations as per market trends. Even if a fraction of these trends is extrapolated at the banking level, the liquidity in the banking system will shoot much higher compared to previous estimates of around Rs 1 trillion bulge in deposits even if a fraction, said SBI Ecowrap report on Tuesday.

Over 99 percent of demonetised currency returned: RBI

Over 99 percent of demonetised currency returned: RBI

Aug 29, 2018, at 04:50 pm

New Delhi, Aug 29 (IBNS): The Reserve Bank of India on Wednesday said that more than 99 percent of the old Rs. 500 and Rs. 1000 notes, which were banned by the Centre in 2016, have returned.