Tag Archive: India

• Oct-28-2024

  Nepal – New banknote with modified map to be printed in China.

  The Nepal Rastra Bank has issued a letter of intention to award the printing of 300 million notes of 100...

• Sep-4-2024

  Nepal – Changed map in banknotes.

  Nepal Rastra Bank is going ahead with its announced plans to modify the map shown in the front of its...

• May-5-2024

  Nepal – Modified map in the front of 100 rupees note.

  The Government of Nepal has decided that in new banknotes of 100 rupees (MRI100.8B) the map in the background on...

• Nov-4-2023

  India – Banknotes of 2,000 rupees can still be redeemed.

  On a Press Release dated 1 November 2023 the Reserve Bank of India has clarified that the redemption of banknotes...

• Oct-1-2023

  India – The redemption of banknotes of 2,000 rupees extended until 7 October.

  The Reserve Bank of India has extended the deadline for the redemption of banknotes of 2,000 rupees (INR2,000.1) until 7...

• May-25-2023

  India – The redemption of banknotes of 2,000 rupees may be extended for one month.

  According to an article published today by Livemint the Reserve Bank of India is likely to extend the time for...

• May-21-2023

  India – No formalities required for banks to exchange up to 10 pieces of 2,000 rupees banknotes.

  The Reserve Bank of India instructed all financial institution to exchange without any formality up to 10 withdrawn 2,000 rupees...

• May-19-2023

  India – Banknotes of 2,000 rupees to be demonetized soon.

  The Reserve Bank of India announced today the withdrawal from circulation of their 2,000 rupees notes (INR2,000.1). These notes remain...

• Jan-2-2023

  India – Supreme Court ruled that 2016 demonetization of large banknotes is legal.

  By a 4-1 decision the Indian Supreme Court declared today 2 January that the demonetize of older notes of 500...

• Oct-14-2022

  India – Supreme Court will have a hearing about the 2016 demonetization of 500 and 1000 rupees banknotes.

  The Supreme Court of India will have on 9 November a hearing about the 2016 demonetization of 500 rupees and...

• Jun-7-2022

  India – Reserve Bank of India denies changes in portraits in currency.

  The Reserve Bank of India denied in a Press Release dated yesterday 6 June 2022 that it is considering changes...

• Jun-6-2022

  India – Portraits of Rabindranath Tagore and APJ Abdul Kalam may be used in banknotes.

  According to several sources India’s Finance Ministry and Reserve Bank are considering using the portrait of writer Rabindranath Tagore and...

• Dec-7-2021

  India – Use of 2,000 rupees note is being restricted.

     You saw it here first… According to news reported one of the largest Indian government banks has sent emails...

• Nov-25-2021

  India – Old style smaller notes are being retired.

    The Reserve Bank of India has started a “one way” mode for old style banknotes of 100; 10 and...

• Feb-11-2020

  India: New one rupee banknote.

  The Government of India announced in a Gazette Notification on 7 February that it will issue a new 1 rupee...

• Oct-5-2019

  India – It’s hard to obtain mint 2,000 rupees notes.

  Our correspondent Shibu Paul has informed that it is impossible to obtain mint 2,000 rupees notes (INR2,000.1) from the Reserve...

• Aug-30-2019

  India – Varnished notes will be issued.

    The Reserve Bank of India is planning to improve the durability of its banknotes by applying a coat of...

• Jul-16-2019

  India – The Reserve Bank of India will offer a mobile app for currency verification.

  The Reserve Bank of India will come out with a mobile application  to help visually impaired people identify current banknotes....

• Apr-27-2019

  India – New banknote of 20 rupees.

  The Reserve Bank of India announced yesterday that it will issue soon a new banknote of 20 Rupees (INR20.6). It...

• Jan-21-2019

  Nepal – Large Indian banknotes banned.

  Nepal Rastra Bank announced a ban on all Indian banknotes of denominations higher than 100 rupees.  Nepalese individuals, businesses and...

• Jan-4-2019

  India – Government stops printing INR2,000 notes.

  The Government has stopped printing notes of 2,000 rupees (INR2,000.1) because there are enough of them to respond to market...

• Dec-25-2018

  India – New banknote.

  The Reserve Bank of India announced that it will soon issue a new banknote of 20 rupees (INR20.6) of the...

• Dec-22-2018

  India – Redemption of mutilated or soiled banknotes.

    The Reserve Bank of India has issued updated rules for the redemption of mutilated or soiled banknotes of 200...