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Bank notes of 2,000 denomination worth Rs 3.32 lakh crore have been received back by banks till August 31, according to data collated by the Reserve Bank of India (RBI).
The number of counterfeit currency notes of Rs 500 denomination detected by the banking system, rose by 14.6 per cent to 91,110 pieces in 2022-23 compared to last year, according to the Reserve Bank of India's annual report released on Tuesday.
Announcing the decision to withdraw Rs 2,000 denomination notes from circulation, the Reserve Bank of India (RBI) has asked banks not to issue such notes with immediate effect.
POLYMER BANKNOTE. Banko Sentral ng Pilipinas (BSP) deputy governor Mamerto Tangonan shows the new PHP1,000 banknote made of polymer. The central bank will be testing the use of polymer PHP1,000 banknotes starting mid-2022. (Screenshot from BSP Facebook page) MANILA - The first batch of Philippine peso banknotes will arrive in the country by April next year, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said in a briefing Thursday. Diokno said the BSP and the Reserve Bank of Australia and its subsidiary Note Printing Australia have reached an agreement for the production of the pol...
Read more about In three years, RBI pulls out over 900 mn notes of Rs-2,000 denomination on Business Standard. Rs-2,000 notes comprised only 2% by volume of total floating currency notes as of March 31, 2021, compared with 3.3% in 2018