Old notes and coins are no longer just memories of the past. For many collectors, they have become a valuable source of income. In India, the number of currency collectors is rising fast, and rare ...
* RBI - Over period from Nov 10 upto Dec 19, banks have reported that banknotes worth 5.93 trln rupees have been issued to public either over counter or via ATMs * RBI - In the period, RBI issued to ...
India May Soon Get Plastic Currency Notes: In view of the surging demand for currency notes in recent years, the Reserve Bank of India (RBI) has revived its decade-old plan of printing polymer ...
The rising number of banknotes has outpaced the expansion of India's economy. In the past five years, circulation of currency notes grew 40 percent, compared with 30 percent economic growth. The ...
The RBI's annual report for FY25 showed that expenditure on printing paper currency notes rose to Rs 6,372.8 crore from Rs 5,101.4 crore in the previous financial year RBI mulls polymer notes to cut ...