The Reserve Bank plans to comprehensively revamp its currency management infrastructure over the next 4-5 years, mainly to ensure adequate storage and handling capacity to cater to the future cash ...

The Reserve Bank of India is set to revamp its currency management infrastructure over the next 4-5 years. This project includes establishing new currency management centres, automating warehouses ...

State-owned Engineers India and MECON as well as four private entities are in the fray for the project to comprehensively revamp RBI's currency management infrastructure in order to cater to ...

The Department of Currency Management has the responsibility of administering the functions of currency management, a core function of the RBI in terms of the Reserve Bank of India Act, 1934 ...

As per RBI, rise in the cash in circulation for April-July stood at ₹508 billion, as compared to ₹928 billion for the similar period last year ...

As the withdrawal of ₹ 2,000 currency notes begins on Tuesday, these continue to be legal tender. This is a shock-absorber to keep India’s financial system from suffering the jitters it did in ...

Implications of global currency churn As the Trump government pursues a multi-pronged devaluation strategy, India needs to diversify trade and relook its currency management ...

In its second year, the two-day Pune Public Policy Festival (PPPF) concluded on January 11 with discussions on the theme 'India's 10 trillion-dollar economy in the near future.' The PPPF launched ...

The Reserve Bank of India referred to its withdrawal of ₹ 2,000 notes from circulation as a routine exercise that is part of its currency management operations, in its recent communique. RBI ...

The transition of currency management from colonial to independent India has been a unique one. From August 14, 1947 (India's independence) to January 26, 1950 (India became a republic) the Reserve ...

A recent report from the Reserve Bank of India suggests the creation of a regulated digital currency similar to cryptocurrency called the eRupee central bank digital currency. As per Gadgets360 ...