in Agartala, Aizawal, Dehradun, Gangtok, Imphal, Panaji, Raipur, Ranchi, Shillong, Shimla and Srinagar. The old series note of Rupees 1000 and 500 are considered illegal and just paper from midnight on 8 November 2016. 58 The government claimed that the action would curtail the shadow economy and crack down on the use of illicit and counterfeit cash to fund illegal activity and terrorism. Ambedkar, a b " Reserve Bank of India: Platinum Jubilee (PDF) ". An increase sucks this amount from the economy, while a decrease injects this amount into the if a bank has 200 Crore of ndtl then it has to keep. 2016 Demonetisation edit People gathered at ATM of Axis Bank in Mehsana, Gujarat to withdraw cash following deposit of demonetised currency notes in bank on 15 November 2016.
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20 These measures aimed at better economic development and had a huge effect on the company policy of the institutes. "Withdrawal of Legal Tender Status for 5otes: RBI Notice (Revised. The Board is required to meet normally once every month. Regulator and supervisor of the financial system edit The institution is also the regulator and supervisor of the financial system and prescribes broad parameters of banking operations within which the country's banking and financial system functions. The Bharatiya Reserve Bank Note Mudran Private Limited (brbnmpl also has set up printing presses in Mysore in Karnataka and Salboni in West Bengal. Retrieved 24 November 2016.
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