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India Business News: The currency value increased in FY24 despite Rs 2,000 notes withdrawal. Slowest growth rate since 2018. Rs 500 notes now account for 86.5% of all CIC
The fake banknotes, which surfaced on the internet, depict Lord Ram and the Ram Mandir in Ayodhya, replacing Mahatma Gandhi and the Red Fort, respectively.
The star symbol was introduced on the new Rs 500 banknotes in December 2016.
While some people were impressed by his wealth, others questioned the need for such an extravagant display. Some people even speculated that the notes might not be real.
The RBI has finally issued a clarification on the alleged conspiracy of the missing Rs 500 notes in India, amounting to over Rs 88,000 crore.