new currency

7 Results

  • Govt expects lower dividend from RBI

    Govt expects lower dividend from RBI

    The government expects Rs.58,000 crore in dividend from the Reserve Bank of India (RBI) in the next financial year, which is 12 per cent lower than what the finance ministry received last year, a senior finance ministry official said. During......

    February 20, 2017
  • Hawala trader Paras Lodha sent to jail till Jan 16

    Hawala trader Paras Lodha sent to jail till Jan 16

    A court here on Monday sent to judicial custody, till January 16, hawala trader Paras Mal Lodha who was arrested for converting demonetised notes worth Rs.25 crore linked to industrialist J Sekhar Reddy and lawyer Rohit Tandon into new currency. Additional......

    January 2, 2017
  • ED arrests hawala trader Paras Lodha from Delhi

    ED arrests hawala trader Paras Lodha from Delhi

     The Enforcement Directorate said on Thursday that it arrested hawala trader Paras Mal Lodha for converting more than Rs 25 crore in old notes linked to businessman J. Shekhar Reddy and lawyer Rohit Tandon into new currency. The Kolkata-based businessman......

    December 22, 2016
  • Note ban: CBI arrests RBI official Michael

    Note ban: CBI arrests RBI official Michael

    Reserve Bank of India (RBI) official K Michael was on Tuesday arrested by the Central Bureau of Investigation (CBI) in connection with seizure of Rs.5.70 crore in new currency, according to sources. No official confirmation of the RBI official’s name......

    December 13, 2016
  • Note ban: CBI arrests RBI official Michael

    Note ban: CBI arrests RBI official Michael

    Reserve Bank of India (RBI) official K Michael was on Tuesday arrested by the Central Bureau of Investigation (CBI) in connection with seizure of Rs.5.70 crore in new currency, according to sources. No official confirmation of the RBI official’s name......

    December 13, 2016
  • Police arrest 3 in Assam with Rs.20 lakh in new currency

    Police arrest 3 in Assam with Rs.20 lakh in new currency

    At least three persons have been arrested in Assam for allegedly being involved in exchanging new currency of Rs.2,000 denomination with old currencies for commission, police said on Saturday.According to the police, they were arrested on Friday night from a......

    December 10, 2016
  • New Rs 500, Rs 2,000 notes at ATMs from Friday

    New Rs 500, Rs 2,000 notes at ATMs from Friday

    Amid confusion over ATMs being able to disburse large amounts of Rs 100 notes when they reopen on Friday, Finance Secretary Ashok Lavasa clarified on Wednesday that new currency notes of Rs 500 and Rs 2,000 value will also be......

    November 9, 2016