The RBI refuses to classify cryptocurrency as an asset since it doesn't have future cash flow and its value is always fluctuating because of speculation.There is also no consumer protection,......
Reserve Bank of India Governor Shaktikanta Das on Monday stressed on achieving 100 per cent self-sufficiency in banknote manufacturing in the near future. Photograph: PTI Photo He was speaking......
The RBI has shelved its plan for polymer notes more than a decade after it invited interest from global manufacturers for one billion pieces of Rs 10 denomination polymer banknotes, reveals Tamal......
The number of Rs 2,000 currency notes in circulation has come down from 33,632 lakh pieces at end-March 2018 to 32,910 lakh pieces at end-March 2019 and further to 27,398 lakh pieces at end-March......
What was the real reason behind ATMs running dry even in states that are not election-bound, wonders Nivedita Mookerji. Illustration: Uttam Ghosh/Rediff.com It was a bright December day last year......