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Why they printed new 2000, 500??

Chalanachithram.com DB » New TF Industry Related » Archive through November 12, 2016 » Why they printed new 2000, 500?? « Previous Next »
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Boston_baba
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Username: Boston_baba

Post Number: 8771
Registered: 07-2012
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Posted on Saturday, November 12, 2016 - 11:00 am:       


Wellsfargo:

deenni handle cheyyadaniki 2000 notes release chesaru anukuntunna.



shortest time lo, 14lac cr currency ki alternative ga, release cheyadaniki, 2k denomination anukunnaremo. it makes sense to have some high denom (be it 1k/2k or 5k). but, its limited supply (1.2lac cr.. i.e., 10% of current fiat currency).

so.. in a way, pushing for cashless transactions. if society is willing to adopt after initial hiccups, its good. otherwise, even blackmarket for currency notes can start.

if target is to head towards cashless economy, this shock treatment is definitely wrong step. instead systemic approach is needed.
true fight of raviprakash and shivaji - https://www.facebook.com/PoliticalPunch.info/videos/14412902 02553832/
http://www.thehindu.com/todays-paper/tp-national/tp-andhrapradesh/tdp-claims-denied-by-its-own-budget/article6336996.ece
1991- AP debt 22% of GSDP, 2004 - 34% of GSDP, 2014 - 22% of GSDP.
 

Wellsfargo
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Posted on Friday, November 11, 2016 - 09:24 pm:       


Boston_baba:

85% currency ni invalidate chesaru overnight.




deenni handle cheyyadaniki 2000 notes release chesaru anukuntunna. choodandi ippati varaku new 500 notes release cheyyaledu. bank staff meeda load reduce cheyyadaniki release chesaremo limited quantities lo anukuntunna. also public mind divert cheyyalani kooda ee 2000 notes release cheyyalanukoni untaru
 

Saarang
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Posted on Friday, November 11, 2016 - 05:41 pm:       


Boston_baba:

market lo liquidity mandatory for cash intense economy like india.
85% currency ni invalidate chesaru overnight.
14lac crore (total money in old 500/1000 notes) badulu, rbi releasing 1.2 lac crore worth notes. that way, pushing people towards e-payments and controlling liquidity.




Ee topic gurinchi think chesinattu...I haven't though about anything else in recent years. They took out 14 lakh crores (85 % of currency) over night and very very few people knew about this (PM, finance minister, RBI governor and some key officials.

Replacing that much of currency in 1 day would not have been possbile without high demonination notes like 2000 note. So, i think it was just coming out of that practical limitation.

I just listened to Modi's speech. He also said the liquid cash that is going to be in the market from now is going to be much smaller there by forcing more electronic banking. In theory, they can also do a gradual withdrawl of 2000 rupee notes at a later date after this hectic transition is done and people adjust to more electrocnic banking.
 

Saarang
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Posted on Friday, November 11, 2016 - 02:56 pm:       


Biriyani:

Boston_baba:

85% currency ni invalidate chesaru overnight.
14lac crore (total money in old 500/1000 notes) badulu, rbi releasing 1.2 lac crore worth notes. that way, pushing

avuna..any source for this info




http://www.chalanachithram.com/discus/messages/115/331889.ht ml?1478876259

Ee thread lo Reddit and some other provided sources on this
 

Biriyani
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Username: Biriyani

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Posted on Friday, November 11, 2016 - 02:31 pm:       


Boston_baba:

85% currency ni invalidate chesaru overnight.
14lac crore (total money in old 500/1000 notes) badulu, rbi releasing 1.2 lac crore worth notes. that way, pushing




avuna..any source for this info
Please reach out to me for Pulihora recipe!!
 

Boston_baba
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Username: Boston_baba

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Posted on Friday, November 11, 2016 - 02:19 pm:       

market lo liquidity mandatory for cash intense economy like india.
85% currency ni invalidate chesaru overnight.
14lac crore (total money in old 500/1000 notes) badulu, rbi releasing 1.2 lac crore worth notes. that way, pushing people towards e-payments and controlling liquidity.
true fight of raviprakash and shivaji - https://www.facebook.com/PoliticalPunch.info/videos/14412902 02553832/
http://www.thehindu.com/todays-paper/tp-national/tp-andhrapradesh/tdp-claims-denied-by-its-own-budget/article6336996.ece
1991- AP debt 22% of GSDP, 2004 - 34% of GSDP, 2014 - 22% of GSDP.
 

Sp1234
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Username: Sp1234

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Posted on Friday, November 11, 2016 - 02:14 pm:       


Machomegastar:



aa kotha notes banks or ATMs lo withdraw chese vallani CCTV dwara identify chesi track chestaranta where that money is heading ani..
 

Machomegastar
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Username: Machomegastar

Post Number: 11723
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Posted on Friday, November 11, 2016 - 11:32 am:       


Machomegastar:

print cheyataniki ayye kache chala ekkuv
sare ani cheqes iste yedi fake yedi originalo teliyatam kastam cheque bounce ayye cases ekkuva




ippatikippudu card or cheque lo txn cheyalante additional ga laksha banks 10 lak employess kavali

adi jaragalante min 6 months pattiddi
Nippu Naga Raju and
Pappu Naga Raju

 

Machomegastar
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Posted on Friday, November 11, 2016 - 11:29 am:       


Dhonifan:

lakshallo deal chesey business annitiki card or cheques mandatory chesthey saripoyedhi.

anthey gani ila 2000 notes release cheyatam valla, everythning will be back to normal




problem entante mana conutry lo jarige buinsess lo 99% only cash buisness

atm card ante 100's lo print cheyalante bastalu bastalu cheyali
print cheyataniki ayye kache chala ekkuv
sare ani cheqes iste yedi fake yedi originalo teliyatam kastam cheque bounce ayye cases ekkuva

above 1,000 only thru card ante kooda kastame endunkante vallantha credit cards machines pettukovalante chala kastam
Nippu Naga Raju and
Pappu Naga Raju

 

Dhonifan
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Username: Dhonifan

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Registered: 12-2012
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Posted on Friday, November 11, 2016 - 11:21 am:       

lakshallo deal chesey business annitiki card or cheques mandatory chesthey saripoyedhi.

anthey gani ila 2000 notes release cheyatam valla, everythning will be back to normal
 

Machomegastar
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Username: Machomegastar

Post Number: 11721
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Posted on Friday, November 11, 2016 - 11:19 am:       

instead belwo 2.5 laks cassh ista ani cheppi that too with 100's now 2000's or 500's


above 2.5 laks deposit cheyalside no cash only atm ante elagundedi

atm lo kooda only 100's ani

3 months later slow ga 2000's 500's release cheste el vundedi

but here problem is mana txns jarigedi lakshallo chiina clothing shop kelehthe laksa karchu aythundi

dnki 100's tho mnage cheyalemu
Nippu Naga Raju and
Pappu Naga Raju

 

Junior_no1
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Username: Junior_no1

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Posted on Friday, November 11, 2016 - 11:03 am:       


Machomegastar:

Why they printed new 2000, 500??


to test the printer
 

Machomegastar
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Username: Machomegastar

Post Number: 11720
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Posted on Friday, November 11, 2016 - 11:01 am:       

just antha bank lo deposit cheyandi atm cards istamu annaranukondi!!
mana country lo credit cards use chesedi just 1% of whole business
remaning 99% of whole buisness use chesedi cash ye!!

sare ani just 100's print cheste okko vooriki oka lorry tho tarnsport cheyali notes

avi print cheyalante minim 100 days pattcohu with the pinting machnes avialble

asalu print cheyaantene vati value kante ekkuva karchu avvochu!!

atla ani cheppi 2000 print cheste motham brokerage danda lo block ni white chestunnaru!!
Nippu Naga Raju and
Pappu Naga Raju

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