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Former Defence minister A K Antony on Wednesday (14 December) said demonetisation would lead the country toward a national disaster and that Prime Minister Narendra Modi does not deserve a pardon

Demonetisation A Scam; Legalise Old Notes After December 30, Says Sitaram Yechury

The CPI (M) on Tuesday demanded that the Centre allow the scrapped Rs 500 and Rs 1,000 notes to be legal tender after December 30 if it fails to make available new currency equal in value to that of the demonetised notes

Note Ban A Thoughtless Move, Attack On Poor, Says Chidambaram

In a scathing attack on the Narendra Modi government, former Finance Minister P Chidambaram on Tuesday dubbed demonetisation a "thoughtless move" and "the worst assault on the poor" in the country

Bank Credit Plunges By Rs 61,000 Crore In Post Note Ban Fortnight

The demand destruction unleashed by the November 8 demonetisation drive saw the bank credit shrinking by a whopping Rs 61,000 crore, or 0.8 per cent, during the fortnight to November 25, show the latest RBI data

PM Modi Waging War Against Poor: Rahul Gandhi On Demonetisation

Congress Vice President Rahul Gandhi on Tuesday stepped up attack on Prime Minister Narendra Modi on demonetisation, saying his vision of a cashless economy has rendered the poor "cashless", robbing them of their hard-earned money

No Move To Cancel Axis Bank Licence, Says RBI

The Reserve Bank of India on Monday denied a media report that authorities were preparing to cancel the licence of Axis Bank Ltd over irregularities in transactions relating to the exchange of high-value bank notes

Axis Bank Suspends Bullion Dealers Accounts

Axis Bank has suspended the bank accounts of some bullion dealers and jewellers after two of its executives at a branch were arrested over alleged money laundering

Govt To Notify Scheme For Taxing Black Money Holders This Week

The government is likely to notify this week the scheme giving tax dodgers another chance to come clean by paying 50 per cent of tax on junked currency deposited in banks post demonetisation

Axis Bank Denies Local Media Report Of Threat To Its Banking Licence

Axis Bank on Monday slammed a regional newspaper report stating authorities were preparing to revoke the bank's licence as "false and malafide", saying it had strong systems and controls in place as per central bank rules

Demonetisation | Things Will Slowly Move Towards Normalcy After 50 Days, Says PM Modi

Acknowledging the difficulties thrown up by the note ban decision, Prime Minister Narendra Modi on Saturday cautioned that the coming days may even be tougher but the situation will gradually move towards normalcy after the 50-day period

Cash Cleanup To Make India Strong

Sadaguru

Columns

The government is responsible for providing infrastructure, services, etc., and the citizen is responsible for providing money for the government to function

Almost 85% ATMs Recalibrated For New Notes Till November 30: Government

Almost 85 per cent of country's cash dispensing machines had been recalibrated to fit the new notes till November 30 and the government has also advised banks to set up micro ATMs in rural areas to meet the cash need post demonetisation, Parliament was informed on Friday

Supreme Court Seeks Centre's Reponse On Whether Cooperative Banks Can Accept Old Notes

The Supreme Court on Friday sought response of the Centre on the issues including whether the district cooperative banks can be allowed to accept deposits with certain conditions and can there be a minimum assured withdrawal from banks.

Modi Government's Demonetisation Drive Hitting Budget Preparations