Fri, Dec 28, 2018
RBI’s annual report for FY18 revealed that, there are about 10,016 million of Rs 20 aggregating upto Rs 200 billion.
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Thu, Dec 27, 2018
When demonetisation drive was announced in November 2016, scrapping down old Rs 500 and Rs 1000, the entry of two new high denomination notes namely Rs 500 and Rs 2000 was a clear indication the transformation of entire currency chest. Several factors hinted at this.
Wed, Nov 28, 2018
According to RBI's annual report FY18, it has been revealed that in the fiscal 522,783 pieces of counterfeit notes were detected in the banking system, of which 63.9% were detected by banks other than the central bank.
Fri, Aug 03, 2018
The Reserve Bank of India had issued Rs 10 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr Urjit R. Patel, Governor, Reserve Bank of India.
Wed, Jul 25, 2018
As on July 13, India's currency-in-circulation (CIC) stood at Rs 19.57 lakh crore compared to CIC of Rs 10.55 lakh crore in the beginning of December 2016.
Sun, Jul 22, 2018
The entry of these two new high denomination notes was a clear indication the transformation of entire currency chest.
The similarities between Rs 500 and Rs 2000 notes are clear indication to why RBI had to give makeover to small denomination notes like Rs 10, Rs 50 and now Rs 100.
Fri, Jan 05, 2018
Central bank of India confirmed on issuing new Rs 10 banknotes shortly.
At present, India had small denomination notes of Rs 1, Rs 2, Rs 5, Rs 10, Rs 20, old Rs 50, Rs 100, Rs 200 and high denomination notes of Rs 500 and Rs 2000.
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