The Reserve Bank of India (RBI) has declared the release of new banknotes with a denomination of ₹50 signed by Sanjay ...
Sinking yields lessened the intense pressure on EM currencies, pressure which had forced 'doom loop' EM currency intervention ...
The currency rose to a two-week high of 86.47 in early hours of trading. The Reserve Bank of India likely intervened ... by selling dollars and issuing warnings, highlighting the global repercussions ...
India's central bank said on Friday it has taken control of the board of New India Co-operative Bank for 12 months, a day ...
The Indian rupee has seen an increase in volatility after the central bank's unexpected and aggressive intervention in the ...
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Newspoint on MSNFake Currency Note Rules: If you accidentally get a fake note in your hand, do this immediately, otherwise 7 years of jail is certain..A Delhi court has convicted 2 people in a 4-year-old case of possessing and using fake notes of Rs 2000. The court has taken this action under Section 489B (using genuine, forged, or counterfeit ...
“These new and fit notes are supplied to the public and retailers via financial institutions,” the central bank ... For the record, Bank Negara began issuing currency notes in June 1967 ...
At least 31 suspected Maoist rebels and two police officials were killed on Sunday in the deadliest combat so far this year in central India, police said. Hundreds of police and paramilitary ...
But there can be downsides to cash notes - when they get damaged. Almost £50,000 worth of cash damaged in washing machines was refunded by the Bank of England last year. There were also refunds ...
Rest assured, though, that even if we were to issue a digital currency, we wouldn’t stop printing cash. We will supply highly secure bank notes for as long as Canadians demand them. There would be ...
We are designing a new $20 bank note, which we will issue in early 2027. We have not yet started the design process for the new $5 note. It will enter circulation only after the issuance of the $20 ...
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