Dec 8 (Reuters) - Indian prime minister Narendra Modi announced a shock move on Nov. 8 to ditch 500 and 1,000 rupee notes - worth a combined $256 billion - that he said were fuelling corruption, being ...

India approves a Rs 1,800 crore CWBN line to double high-security paper output for banknotes and passports, replacing ageing ...

The govt has approved a Rs 1,800 crore proposal for setting up a new cylindrical mould watermark banknote (CWBN) line with an ...

HONG KONG/SINGAPORE (Reuters) - India's shock move on Tuesday to withdraw large denomination bank notes from circulation to fight corruption and tax evasion has left some overseas citizens high and ...

The facility to deposit or exchange Rs 2000 banknotes at all bank branches across India ended on October 7, 2023.

India is withdrawing its highest value currency notes of Rs 2,000 (£19.4) from public circulation, the country’s central Reserve Bank of India announced on Friday but added that the denomination will ...

You may have heard of the demonetization of bank notes in India. That means the country has officially withdrawn recognition of the validity of certain currency denominations. The move was undertaken ...

Well, that didn't take long, did it? We're only four months into demonetisation and good quality, but not perfect, fake Rs 2,000 banknotes are being reported in India. That they are reported to ...

ON NOVEMBER 8th 2016, Narendra Modi, India’s prime minister, stunned its 1.3bn people by announcing that most banknotes would soon become worthless. Indians then queued for weeks on end to exchange or ...

India plans to eliminate the current versions of its two largest banknotes in a bid to undermine pervasive corruption. Prime Minister Narendra Modi announced Tuesday that current 500- and 1,000-rupee ...