The total value of ₹2000 banknotes in circulation, which was ₹3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal of ₹2000 banknotes was announced, has declined to ₹8202 crore at the close of business on March 29, 2024. Thus, 97.69% of the ₹2000 banknotes in circulation as on May 19, 2023, has since been returned.
Explore RBI’s latest Master Circular on capital adequacy norms for Urban Co-operative Banks (UCBs). Learn about guidelines, updates, and compliance for UCBs.
Get insights into Instruction No. 07/2024-Customs issued by the Ministry of Finance, detailing authorized officers under the Food Safety Standards Act for food imports.
Read the latest newsletter from CBIC Chairman dated 01/04/2024. Indirect tax collections surpass estimates, guidelines for CGST investigations, and more.
Discover key points to consider at the beginning of the new financial year 2024-25 for Income Tax and GST compliance. Avoid financial pitfalls and start smartly.
Explore SCORES 2.0, SEBI’s new technology, enhancing the securities market’s complaint redress system. Discover features, benefits, and how it protects investor interests.
Learn about the penalty imposed by the Ministry of Corporate Affairs for the non-appointment of a woman director by a listed company, including adjudication details and consequences.
Stay updated with the latest amendments to the IFSCA (Vault Manager) Circular for 2024. Learn about changes in fees, registration procedures, and security deposits. Read now!
Explore the comprehensive guidelines issued by the Reserve Bank of India on detecting, reporting, and monitoring counterfeit notes. Learn about impounding procedures, reporting to police, and more.
Stay updated with RBI latest circular on Basel III Capital Regulations for commercial banks. Learn about the amendments and guidelines for capital adequacy.
