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News
banknotes
Banknotes News
Reserve Bank of India
06 Jun 2022
Watermarks of Tagore, Kalam on Indian bank notes instead of Mahatma Gandhi?
RBI was reportedly contemplating replacing MK Gandhi's face. Reports said RBI might take decision soon. Here is what the Central Bank said.
Reserve Bank of India
05 Jun 2022
Watermarks of Rabindranath Tagore, APJ Abdul Kalam to feature on banknotes?
The Finance Ministry along with the RBI might soon discuss the move. RBI issued notes have never used an image or watermark of any other important personality, besides Gandhi. However, the decision hasn't been finalised yet.
Art
17 Sep 2021
Zimbabwe artist turns old Mugabe-era banknotes into paintings
If anyone doesn't need reminding that banknotes are just worthless pieces of paper, it is Zimbabweans: over a decade ago, they watched as hyperinflation obliterated their currency and led to the printing of a 100 trillion Zimbabwean dollar note. Most bills ended up in the trash, but Zimbabwean visual artist Prudence Chimutuwah has found value in the unloved old bank notes -- by using them to make art.
Demonetised notes
09 Apr 2017
People sending demonetised notes abroad by courier: Customs
The customs department has unearthed a new modus operandi of sending demonetised Rs 500 and Rs 1,000 notes abroad by courier in a bid to get them converted here later.
Bold move
07 Apr 2017
FinMin hails scrapping of notes as a 'bold move'
Terming the invalidation of Rs 500 and Rs 1,000 notes as a "bold move" to check black money, the finance ministry today said no serious attempt of this scale was made in the past.
Indian Banks
02 Apr 2017
Govt plans to change security marks of banknotes every 3-4 years
To check counterfeiting, the government plans to change security features of higher denomination banknotes of Rs 2,000 and Rs 500 every 3-4 years in accordance with global standards.
Demonetisation
17 Feb 2017
Demonetisation drive in India had 'significant impact' on PepsiCo's business in Q4: Indra Nooyi
The demonetisation drive in India had a "significant impact" on PepsiCo's business in the country in the last quarter of 2016 and there are still "lingering effects" of it, according to the food-and-beverage giant's India-born CEO Indra Nooyi.
Business News 2016
14 Dec 2016
Demonetisation (ban on Rs 500 and Rs 1,000 notes): One of the top economic reforms in India's history
The demonetisation of Rs 500 and Rs 1000 banknotes was a policy enacted by the Government on 8 November 2016. All Rs 500 and Rs 1000 banknotes of the Mahatma Gandhi Series ceased to be legal tender in India from 9 November 2016.
RBI
30 Jun 2016
RBI to accept pre-2005 notes only at select offices from July
The Reserve Bank Thursday said it will accept pre-2005 banknotes only at its select branches from tomorrow as majority of the old series banknotes have been withdrawn.
RBI
19 May 2016
RBI readies new banknote designs; Board takes stock of economy
Currency notes in India may soon carry a new look with the central board Thursday recommending to the government a new set of designs for banknotes.
Indian Rupee
26 Apr 2016
Notes sans security thread: Govt says matter is serious
Government has taken incidents related to banknotes being printed without the security thread "very seriously" and disciplinary action against officials concerned is under way, Minister of State for Finance Jayant Sinha said Tuesday.
RBI
22 Jan 2016
RBI to issue Rs 500, Rs 100 notes with more security features
Reserve Bank will soon put into circulation new banknotes of Rs 500 and Rs 100 denominations of the Mahatma Gandhi Series-2005 with enhanced security features.
Reserve Bank
16 Jul 2015
RBI asks public to refrain from writing on banknotes
Reserve Bank on Thursday asked the public not to write on the watermark window of banknotes as it bears an important security feature which differentiates it from a fake note.
Reserve Bank of India
09 Jul 2015
RBI issues Rs 100 notes with new numbering pattern
Reserve Bank of India (RBI) on Thursday said it has issued Rs 100 denomination banknotes in the Mahatma Gandhi Series-2005 with a new numbering pattern.
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