Currency in circulation was down by 272.8 billion rupees ($3.30 billion) for week ended June 2, data from the Reserve Bank of India (RBI) on late Wednesday showed.

Ahmedabad police are tackling the circulation of fake Indian currency notes, particularly ₹500 and ₹100 denominations, often detected by banking systems due to material and security feature ...

In a swift move, Indian Government demonetized High Denomination currency with immediate effect. The move encourages citizens to get digitally empowered and go for cashless transactions.

Any Indian currency banknote you see will have the denomination of the currency you are holding, such as Rs 100 or Rs 500, inscribed on the back in fifteen different languages.

The Reserve Bank of India (RBI) has made an important move to enhance public access to frequently used currency denominations. The central bank has directed all banks and White Label ATM Operators ...