Skip to main content

Demonetization lawful - Supreme court

 Good morning everyone, I already mentioned that I have joined Bank in the year of demonitisation. And the judgement in the favour of Central government decision to cancel Rs 500 and Rs 1000 currency notes upheld by Five member constitution bench of Supreme court.

Headed by Justice Abdul Nazeer found no descrepency in the decision. Justice BV Nagarathna is the only judge who believe it is unlawful act.

It means Demonetization of our country was not unlawful according to four of our five member constitution bench of Supreme court.

Still Fixed deposit rate of PUNJAB NATIONAL BANK is very high...till inflation will go down.

I need a personal suggestion... Our Naval veterans wish to organise a reunion... please suggest a resort for this purpose.... Good day

Comments

ajay choudhary said…
I am strongly disagree with judgement of supreme court.


January 29, 2023 at 12:58 PM
Post a Comment

Popular posts from this blog

 Hi Everyone...Presenting you the different Fixed deposit interest rates of two largest Nationalized banks...SBI and PNB...Highlighting and comparing their Interest for different tenor. As our Secondary Market is not so dynamic nowadays... Fixed deposits are good options according to me...Namaste Referred from Official website of SBI and PNB -:  Revision in Interest Rates On Retail Domestic term deposits (Below Rs. 2 crore) interest rates revised w.e.f. 13.12.2022 Accordingly, the interest rates for Retail Domestic Term Deposits ‘Below Rupees Two Crore 'have been revised.The revised interest rates are as under : (All figures in % per annum) Tenors Existing Rates for Public w.e.f. 22.10.2022 Revised Rates For Public w.e.f. 13.12.2022 Existing Rates for Senior Citizens w.e.f. 22.10.2022 Revised Rates for Senior Citizens w.e.f. 13.12.2022 7 days to 45 days 3.00 3.00 3.50 ...
Post a Comment
Read more

Happy New Year 2023

Happy New Year 2023 everyone....May god bless you with good health and happiness....And strong financial position...It's my suggestion please invest few of your savings in Fixed deposit of Punjab National Bank...666 Days... Rendering good interest rates... Good day
Post a Comment
Read more

OFR RESEARCH (USA) ON INFLATION

 OFR RESEARCH ON INFLATION Inflation Measures of consumer price inflation began to rise in the spring of 2021 and continued to rise through the start of 2022, climbing to high levels not seen in several decades and remaining well above the Federal Reserve’s target of 2% per annum.  In July 2022, the consumer price index (CPI) increased 8.5% yearover-year after reaching 9.1% in June.  Increases remained above 8% through the summer and early fall.  The personal consumption expenditure core price index (PCE Core), which excludes food and energy, has hovered at around a seasonally adjusted 5% throughout 2022 (see Figure 1).1 Durable goods inflation, which was significantly below services price inflation over the last decade, has risen above it since 2021. Several factors have been driving prices higher, including strong aggregate demand, a post-pandemic reopening of the economy, and a material shift from services to goods.  In addition, demand increased as the U.S....
Post a Comment
Read more