currency notes

Reserve Bank of India has decided to reintroduce Rupee One currency note after a gap of 20 years. The last Re 1 currency note was printed in 1994, but after that, they were replaced by coins and owning to higher costs of maintenance and…

As per government estimates, 20% of all existing currency notes gets soiled or scribbled in India, which amounts to huge losses amounting to approximate Rs 2 lakh crore every year. In a decision which can have long lasting impact on the…

On January 24th, 2014 Reserve Bank of India had announced that they will completely withdraw from circulation all banknotes of all denominations issued prior to 2005 and all citizens who have pre-2005 currency notes will get it exchanged…

While the news of scribbled currency being banned from Jan 2014, which was widely being spoken about was simply a rumour, this one if not. RBI has officially announced (read update as well) in a press release yesterday that after March…

Paypal seems to have brought out some clarity regarding India based Bank withdrawals. According to the post made by Farhad Irani today on paypal blog,