In a remarkable auction conducted in London, an Indian currency note of Rs 100 was auctioned for Rs 56 lakh. These ‘Haj Notes’ were released by the Reserve Bank of India (RBI) during the 1950s. The ...

Selling counterfeit currency was once restricted to smuggling routes. Not any longer. It is now thriving on social media with ...

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 ...

In a crackdown on circulation of fake Indian currency in Nepal, police here on Friday said they have arrested six people, including a Pakistani national, for possessing fake Indian currency notes with ...

MUMBAI, Sept 1 (Reuters) - The Reserve Bank of India (RBI) on Friday said 93% of the country's highest denomination 2,000-rupee currency notes - worth 3.32 trillion rupees ($40.14 billion) - have been ...

Over two years after the Reserve Bank of India announced the withdrawal of Rs 2000 banknotes, Rs 5,956 crore worth of these notes remain in circulation. Initially valued at Rs 3.56 lakh crore, 98.33% ...

India should encourage the adoption of its CBDC to reap the benefits of technology and keep up with the evolution of money.