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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 ...
India-Business News: The Reserve Bank of India is set to revamp its currency management infrastructure over the next 4-5 years. This project includes establishing new curr ...
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 ...
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 ...
'Gods on Indian currency notes' debate: How the Indian paper Rupee has evolved since Independence — View Timeline The transition of currency management from colonial to independent India has been a ...
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 ...
India's currency in circulation has increased by only around 500 billion rupees in the first four months of this financial year that began in April, which is nearly half the pace of the same ...
Kejriwal’s Lakshmi-Ganesh Pitch For Currency: Who Designs Rupee Notes And How Does The Process Work Delhi Chief Minister Arvind Kejriwal urged PM Modi to give a go-ahead for photo of Lord ...
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 ...
RBI Deputy Governor Rabi Sankar, who oversees payment systems and financial technology, said achieving such an advance would have advantages for currency management, settlement risk, and cross-border ...
India’s central bank sought to calm the public after its decision to withdraw its highest-value currency notes from circulation triggered alarm about financial stability.