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Soon, a new currency note of Rs 20 denomination will be introduced in the market. The Reserve Bank of India (RBI) would soon introduce the new 20-rupee bank note, news agency Press Trust of India ...
India has discontinued its two largest rupee notes in a shocking move against corruption. Notes worth 500 and 1,000 rupees will be invalid starting at midnight local time, Prime Minister Narendra ...
New 500 and 2,000 rupee denomination notes will be issued at a later date, he added. People will have 50 days to exchange the old money for new at banks, but only by showing valid identification.
Prime Minister Narendra Modi abruptly banned the old 500 and 1,000 rupee notes in an unscheduled speech on Tuesday night. The ban is aimed at fighting corruption and tax evasion, and covers about ...
Last night, Indian Finance Minister Arun Jaitley announced that the notes were no longer a legal tender. They will be replaced with a 2,000 rupee note and a new 500 rupee bank bill.
Titled “Cake with 500 Rupee Notes,” this delightful clip shows a girl’s astonished reaction as she discovers an unexpected treasure hidden inside her birthday cake. Soon, a new currency note ...
Genuine Indian currency notes have a distinct texture due to the unique paper used. When you feel the note, it should have a rough texture with raised printing. Fake notes often feel different ...
The 2,000-rupee note was introduced in 2016 after the Narendra Modi-led government abruptly withdrew 500 and 1000 rupee denominations in an effort to remove forgeries from circulation.
On May 19, the Reserve Bank of India announced that it was pulling out of circulation the country’s highest denomination currency, the 2,000 rupee note (worth $24.27 at today’s exchange rate).
A viral message claimed that ₹500 notes with a star mark are fake, but PIB Fact Check debunked this as false. The Reserve Bank of India introduced these notes in 2016 with new features ...