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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 ...
Prime Minister Narendra Modi said Tuesday he was discontinuing India's two largest rupee notes in a shocking move against corruption.
Lines formed outside banks in India as account holders tried to swap billions of notes banned this week.
The decision to remove 500 and 1,000 rupee notes has been implemented in an attempt to prevent tax evasion, corruption and black money.
Indian Prime Minister Narendra Modi Tuesday announced the existing currency notes of 500 and 1,000 Indian rupees will be withdrawn from the country's financial system.
Thursday November 8, 2018 Business | Press Trust of India The government had on November 8, 2016, announced ban on old 500 and 1000 rupee notes, to curb black money in the system.
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.
With a 317% rise in fake Rs 500 notes over five years, here's how to identify genuine banknotes and avoid counterfeit currency.
The government began issuing new 500-rupee notes days later, and added the 2,000 to replenish currency in circulation at a faster pace.
Introduced when the 500- and 1,000-rupee notes were demonetized in 2016, the 2,000-rupee note has now been pulled out of circulation.
How to identify fake currency notes? 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.