RBI Currency Rule: In our country, all the laws and rules related to banks and Indian currency are made by the Reserve Bank of India. RBI has recently taken an important decision related to the 50 ...

On Wednesday, the Reserve Bank of India announced that it will soon issue Rs 50 notes bearing the signature of Governor Sanjay Malhotra. Malhotra took over in December 2024, replacing Governor ...

The move to retire 2,000-rupee notes, worth $24, has triggered bad memories of a similar campaign in 2016. It has also left some businesses short of change. By Sameer Yasir and Mike Ives Sameer Yasir ...

MUMBAI, May 22 (Reuters) - The Indian rupee is expected to open weaker against the U.S. dollar after the central bank said it will withdraw the highest value currency note from circulation.

MUMBAI, Sept 30 (Reuters) - The Reserve Bank of India (RBI) said on Saturday it would extend its deadline to return the country's highest denomination 2,000-rupee ($24) currency notes by a week to Oct ...

MUMBAI, Aug 1 (Reuters) - The Reserve Bank of India (RBI) said on Tuesday 88% of the country's highest denomination 2000-rupee currency notes - worth 3.14 trillion rupees ($38.17 billion) - have been ...