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new Rs 500 notes

Soon new Rs 20 currency to enter India! These old features may get a makeover

Soon new Rs 20 currency to enter India! These old features may get a makeover

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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India to get new Rs 20 currency note soon! Here is how it may look like

India to get new Rs 20 currency note soon! Here is how it may look like

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. 

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Bank ATM problems? New Rs 100, Rs 200 notes may well hit you on your next trip

Bank ATM problems? New Rs 100, Rs 200 notes may well hit you on your next trip

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.

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Have old Rs 10, Rs 50, Rs 100 notes? Why you should worry

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

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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Did RBI consciously stop printing Rs 2000 currency notes?

Did RBI consciously stop printing Rs 2000 currency notes?

Thu, Dec 21, 2017

If we look the RBI' annual report data closely, it indicates that the central bank printed heavily Rs 500 denominations but slowed down on Rs 2,000 denominations.

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RBI spent about Rs 5,000 crore on printing new Rs 500 notes: MoS Finance

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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WATCH: What's new in RBI's new series of Rs 500 notes

WATCH: What's new in RBI's new series of Rs 500 notes

Tue, Jun 13, 2017

RBI has been issuing banknotes in Mahatma Gandhi series from time to time and now it had introduced a new batch of Rs 500 banknotes. 

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