There has been an excessive amount of speculation as to whether or not the Reserve Bank of India (RBI) is working with the government to bring about another run of demonetisation. Questions are being ...

(Bloomberg) -- India is withdrawing its highest value currency note from circulation, giving consumers and businesses a four-month deadline to exchange or deposit the legal tender, a move reminiscent ...

The use of UPI has reduced the use of ATMs to some extent. When we withdraw money from ATMs, only 500, 200 and 100 rupee notes come out. Why are 10, 20 and 50 rupee notes not in circulation? Is there ...

It looks like a 50-rupee note, but it’s more like a slap in the face to corrupt officials. Where a bribe is expected, the Indian anti-corruption organization 5th Pillar is encouraging citizens to pass ...

On May 19, the Reserve Bank of India announced that it was pulling out of circulation the country’s highest denomination currency, the 2,000 rupee note (worth $24.27 at today’s exchange rate). Unlike ...

MUMBAI, June 7 (Reuters) - About three-fourths of Indians are choosing to deposit the recently withdrawn 2000-rupee notes into bank accounts so far rather than exchanging them for smaller ...

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 ...

Gold and silver aren’t the only treasures recovered from historic shipwrecks. These four vessels carried Indian bank notes ...

The move to retire 2,000-rupee notes, worth $24, has triggered bad memories of a similar campaign in 2016. It has also left some businesses short of change. By Sameer Yasir and Mike Ives Sameer Yasir ...

India’s shorter-maturity bonds rallied and money market rates eased on bets that a withdrawal of the nation’s highest value currency note would leave banks with surplus cash to invest. As much as 1 ...