demonetization

The RBI was not party to the decision to demonetize 500 and 1,000-rupee notes, which was taken at the highest level of India's political leadership. A fascinating excerpt from Gokul Rathi's fascinating new book, RBI Governors: The Czars Of…

India is withdrawing its highest value currency note from circulation, giving consumers and businesses a four-month deadline to exchange or deposit the legal tender, a move reminiscent of a shock demonetization exercise in 2016. A…

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Senior advocate Chidambaram says only .0027% fake currency was ‘captured’ following the exercise Senior advocate Chidambaram says only .0027% fake currency was ‘captured’ following the exercise A Constitution Bench on Wednesday questioned…