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India currency chest News
India currency chest
Surprise! Forget Rs 2,000 notes, Rs 1,000 notes still in India's currency chest; So, what's really cooking? Find out
Fri, Jan 04, 2019
Firstly, many blamed demonetisation for being an unplanned procedure. Secondly why bring in Rs 2000 notes, which is higher than the banned Rs 1000 notes if the agenda was to curb black money?
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Have old Rs 10, Rs 50, Rs 100 notes? Why you should worry
Sun, Jul 22, 2018
The entry of these two new high denomination notes was a clear indication the transformation of entire currency chest.
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New Rs 20 note coming now? Demonetisation sowed seeds of new Rs 10, Rs 50, Rs 100 notes
Sun, Jul 22, 2018
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.
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Not only Rs 10, RBI may also revamp Rs 50 note
Fri, Jan 05, 2018
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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RBI spent about Rs 5,000 crore on printing new Rs 500 notes: MoS Finance
Mon, Dec 18, 2017
Introduction of this new currency and design has been brought in considering various factors like ease of transaction for common man, replacement of soiled banknotes, inflation and the need for combating counterfeiting.
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