Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | After 6 months, RBI still in dark on junked notes -AM Jigeesh    </title>
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-The Hindu Business Line

Central bank says specified bank notes yet to be reconciled with the physical cash balances



&nbsp;


New Delhi: Even six months after the demonetisation exercise, the Reserve Bank of India is yet to complete the accounting of the withdrawn..."/>
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-The Hindu Business Line

Central bank says specified bank notes yet to be reconciled with the physical cash balances



&nbsp;


New Delhi: Even six months after the demonetisation exercise, the Reserve Bank of India is yet to complete the accounting of the withdrawn..." />
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                            <div align="justify">-The Hindu Business Line<br /><br /><em>Central bank says specified bank notes yet to be reconciled with the physical cash balances<br /></em></div><div align="justify">&nbsp;</div><div align="justify"><em>New Delhi: </em>Even six months after the demonetisation exercise, the Reserve Bank of India is yet to complete the accounting of the withdrawn Rs. 1,000 and Rs. 500 notes.<br /><br />The RBI has admitted as much in a 15-page response late in April to questions from the Standing Committee on Finance, headed by veteran Congress MP Veerappa Moily.<br /><br />During a January meeting on the subject of &lsquo;Demonetisation of Indian currency notes of Rs. 1,000 and Rs. 500 and impact thereof&rsquo;, the panel had asked RBI Governor Urjit Patel to submit written answers to the queries from MPs that he could not answer.<br /><br />In the note, a copy of which is with BusinessLine, the RBI said that the accounting of the specified bank notes (SBNs) at the currency chests need to be reconciled with the physical cash balances to eliminate accounting errors and possible double counting.<br /><br />&ldquo;Till this process is completed, any estimate may not indicate the actual numbers of SBNs that have been returned. RBI is taking all steps to complete the process expeditiously so as to release firm figures of SBNs received at an early date,&rdquo; the note said.<br /><br />The central bank also said that as of November 8, 2016, there were 17,165 million pieces of Rs. 500 and 6,858 million pieces of Rs. 1,000 notes in circulation, worth Rs. 15,44,035 crore.<br /><br />One of the panel members asked the Governor about the process to be followed if, say, Rs. 14 lakh crore had been deposited in banks. How will the balance of Rs. 1.4 lakh crore be handled? <br /><br />Please <a href="http://www.thehindubusinessline.com/economy/rbi-still-in-dark-on-junked-notes/article9691626.ece?homepage=true" title="http://www.thehindubusinessline.com/economy/rbi-still-in-dark-on-junked-notes/article9691626.ece?homepage=true">click here</a> to read more. </div><div align="justify">&nbsp;</div>                                                           
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    <br><a href="http://www.thehindubusinessline.com/economy/rbi-still-in-dark-on-junked-notes/article9691626.ece?homepage=true" class="re" target="_blank">The Hindu Business Line, 10 May, 2017, http://www.thehindubusinessline.com/economy/rbi-still-in-dark-on-junked-notes/article9691626.ece?homepage=true</a><div class="clear"></div>
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                            <div align="justify">-The Hindu Business Line<br /><br /><em>Central bank says specified bank notes yet to be reconciled with the physical cash balances<br /></em></div><div align="justify">&nbsp;</div><div align="justify"><em>New Delhi: </em>Even six months after the demonetisation exercise, the Reserve Bank of India is yet to complete the accounting of the withdrawn Rs. 1,000 and Rs. 500 notes.<br /><br />The RBI has admitted as much in a 15-page response late in April to questions from the Standing Committee on Finance, headed by veteran Congress MP Veerappa Moily.<br /><br />During a January meeting on the subject of &lsquo;Demonetisation of Indian currency notes of Rs. 1,000 and Rs. 500 and impact thereof&rsquo;, the panel had asked RBI Governor Urjit Patel to submit written answers to the queries from MPs that he could not answer.<br /><br />In the note, a copy of which is with BusinessLine, the RBI said that the accounting of the specified bank notes (SBNs) at the currency chests need to be reconciled with the physical cash balances to eliminate accounting errors and possible double counting.<br /><br />&ldquo;Till this process is completed, any estimate may not indicate the actual numbers of SBNs that have been returned. RBI is taking all steps to complete the process expeditiously so as to release firm figures of SBNs received at an early date,&rdquo; the note said.<br /><br />The central bank also said that as of November 8, 2016, there were 17,165 million pieces of Rs. 500 and 6,858 million pieces of Rs. 1,000 notes in circulation, worth Rs. 15,44,035 crore.<br /><br />One of the panel members asked the Governor about the process to be followed if, say, Rs. 14 lakh crore had been deposited in banks. How will the balance of Rs. 1.4 lakh crore be handled? <br /><br />Please <a href="http://www.thehindubusinessline.com/economy/rbi-still-in-dark-on-junked-notes/article9691626.ece?homepage=true" title="http://www.thehindubusinessline.com/economy/rbi-still-in-dark-on-junked-notes/article9691626.ece?homepage=true">click here</a> to read more. </div><div align="justify">&nbsp;</div>                                                           
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    <br><a href="http://www.thehindubusinessline.com/economy/rbi-still-in-dark-on-junked-notes/article9691626.ece?homepage=true" class="re" target="_blank">The Hindu Business Line, 10 May, 2017, http://www.thehindubusinessline.com/economy/rbi-still-in-dark-on-junked-notes/article9691626.ece?homepage=true</a><div class="clear"></div>
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-The Hindu Business Line

Central bank says specified bank notes yet to be reconciled with the physical cash balances



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New Delhi: Even six months after the demonetisation exercise, the Reserve Bank of India is yet to complete the accounting of the withdrawn..."/>
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-The Hindu Business Line

Central bank says specified bank notes yet to be reconciled with the physical cash balances



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New Delhi: Even six months after the demonetisation exercise, the Reserve Bank of India is yet to complete the accounting of the withdrawn..." />
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                            <div align="justify">-The Hindu Business Line<br /><br /><em>Central bank says specified bank notes yet to be reconciled with the physical cash balances<br /></em></div><div align="justify">&nbsp;</div><div align="justify"><em>New Delhi: </em>Even six months after the demonetisation exercise, the Reserve Bank of India is yet to complete the accounting of the withdrawn Rs. 1,000 and Rs. 500 notes.<br /><br />The RBI has admitted as much in a 15-page response late in April to questions from the Standing Committee on Finance, headed by veteran Congress MP Veerappa Moily.<br /><br />During a January meeting on the subject of &lsquo;Demonetisation of Indian currency notes of Rs. 1,000 and Rs. 500 and impact thereof&rsquo;, the panel had asked RBI Governor Urjit Patel to submit written answers to the queries from MPs that he could not answer.<br /><br />In the note, a copy of which is with BusinessLine, the RBI said that the accounting of the specified bank notes (SBNs) at the currency chests need to be reconciled with the physical cash balances to eliminate accounting errors and possible double counting.<br /><br />&ldquo;Till this process is completed, any estimate may not indicate the actual numbers of SBNs that have been returned. RBI is taking all steps to complete the process expeditiously so as to release firm figures of SBNs received at an early date,&rdquo; the note said.<br /><br />The central bank also said that as of November 8, 2016, there were 17,165 million pieces of Rs. 500 and 6,858 million pieces of Rs. 1,000 notes in circulation, worth Rs. 15,44,035 crore.<br /><br />One of the panel members asked the Governor about the process to be followed if, say, Rs. 14 lakh crore had been deposited in banks. How will the balance of Rs. 1.4 lakh crore be handled? <br /><br />Please <a href="http://www.thehindubusinessline.com/economy/rbi-still-in-dark-on-junked-notes/article9691626.ece?homepage=true" title="http://www.thehindubusinessline.com/economy/rbi-still-in-dark-on-junked-notes/article9691626.ece?homepage=true">click here</a> to read more. </div><div align="justify">&nbsp;</div>                                                           
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    <br><a href="http://www.thehindubusinessline.com/economy/rbi-still-in-dark-on-junked-notes/article9691626.ece?homepage=true" class="re" target="_blank">The Hindu Business Line, 10 May, 2017, http://www.thehindubusinessline.com/economy/rbi-still-in-dark-on-junked-notes/article9691626.ece?homepage=true</a><div class="clear"></div>
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After 6 months, RBI still in dark on junked notes -AM Jigeesh

Published on May 11, 2017   Modified on May 11, 2017

-The Hindu Business Line Central bank says specified bank notes yet to be reconciled with the physical cash balances   New Delhi: Even six months after the demonetisation exercise, the Reserve Bank of India is yet to complete the accounting of the withdrawn Rs. 1,000 and Rs. 500 notes. The RBI has admitted as much in a 15-page response late in April to questions from the Standing Committee on Finance, headed by veteran Congress MP Veerappa Moily. During a January meeting on the subject of ‘Demonetisation of Indian currency notes of Rs. 1,000 and Rs. 500 and impact thereof’, the panel had asked RBI Governor Urjit Patel to submit written answers to the queries from MPs that he could not answer. In the note, a copy of which is with BusinessLine, the RBI said that the accounting of the specified bank notes (SBNs) at the currency chests need to be reconciled with the physical cash balances to eliminate accounting errors and possible double counting. “Till this process is completed, any estimate may not indicate the actual numbers of SBNs that have been returned. RBI is taking all steps to complete the process expeditiously so as to release firm figures of SBNs received at an early date,” the note said. The central bank also said that as of November 8, 2016, there were 17,165 million pieces of Rs. 500 and 6,858 million pieces of Rs. 1,000 notes in circulation, worth Rs. 15,44,035 crore. One of the panel members asked the Governor about the process to be followed if, say, Rs. 14 lakh crore had been deposited in banks. How will the balance of Rs. 1.4 lakh crore be handled? Please click here to read more.

The Hindu Business Line, 10 May, 2017, http://www.thehindubusinessline.com/economy/rbi-still-in-dark-on-junked-notes/article9691626.ece?homepage=true

Tagged with: Reserve Bank of India cash crunch Cash shortage Currency demonetisation Demonetisation RBI

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