Currency Ban

Keeping banned notes after March 31 to be criminal offence

Wed, 12/28/2016 - 21:40

New Delhi, Dec 28, The cabinet on Wednesday approved an ordinance which makes possession of demonetised Rs 500 and Rs 1,000 notes beyond March 31, 2017 illegal, providing for a jail term for violators.


Demonetisation: Maoists feel the heat as Rs 55 crore frozen

Tue, 12/20/2016 - 13:22

Ranchi, Dec 20 (IANS) At least 40 accounts of Maoist operatives containing Rs 55 crore have been frozen by the banking authorities in Jharkhand, a state that is one of their strongholds, police said.


Hefty deposits in Tripura banks prompts probe

Mon, 12/19/2016 - 10:24

Agartala, Dec 19 (IANS) Hefty amount deposited in the accounts of Pradhan Mantri Jan Dhan Yojana (PMJDY) in the Tripura banks has prompted the state lawmakers to demand probe.


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

Sat, 12/10/2016 - 13:08

Guwahati, Dec 10 (IANS) 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.


Rs 70 lakh in new currency seized in raids on postal official's kin

Sat, 12/10/2016 - 12:56

Hyderabad, Dec 10 (IANS) The CBI recovered Rs 70 lakh in new currency near Hyderabad during raids on relatives of a postal official who was earlier arrested for allegedly being involved in fraudulent exchange of new currency notes, police said on Saturday.