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About 6,857.82 million notes of Rs 1000 and 17,165.06 million notes of Rs 500 valuing separately Rs 685,782 crore and Rs 858,253 crore respectively were scrapped&nbsp;

Key things Modi pointed out on 1-year of demonetisation

As per the Request for Proposal (RFP), the machines should be computer based and microprocessor controlled and capable of processing, counting, sorting and authenticating banknotes into 'fit for circulation', 'unfit for circulation', 'reject notes', 'suspect/forged notes', and 'emission-wise sorting on design and series', among other categories.

RBI to procure 50 note verifying machines

Ministry of Finance has asked the district central co-operative banks to deposit old Rs 500 and Rs 1000 notes with RBI in a time period of 30 days.&nbsp;

Co-operative banks given 30 days time to deposit demonetised notes

old-rs-1000-notes

About 6,857.82 million notes of Rs 1000 and 17,165.06 million notes of Rs 500 valuing separately Rs 685,782 crore and Rs 858,253 crore respectively were scrapped 

As per the Request for Proposal (RFP), the machines should be computer based and microprocessor controlled and capable of processing, counting, sorting and authenticating banknotes into 'fit for circulation', 'unfit for circulation', 'reject notes', 'suspect/forged notes', and 'emission-wise sorting on design and series', among other categories.

Ministry of Finance has asked the district central co-operative banks to deposit old Rs 500 and Rs 1000 notes with RBI in a time period of 30 days. 

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Old Rs 1000 Notes

Key things Modi pointed out on 1-year of demonetisation

RBI to procure 50 note verifying machines

Co-operative banks given 30 days time to deposit demonetised notes

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