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2023 – Reserve Bank of India issued a circular on 19 May stating currency notes of ₹ 2000 denomination will be withdrawn from circulation [90] The reason given for this withdrawal is the decline in the number of currency notes in circulation. According to the circular, there were only 10.8% of Notes in Circulation on March 31, 2023.
1973 Indian proof set of coins. Coins of the Indian rupee (₹) were first minted in 1950. [1] New coins have been produced annually since then and they make up a valuable aspect of the Indian currency system. Today, circulating coins exist in denominations of 1, 2, 5, 10, and 20 rupees.
Banknotes of the Indian rupee include: Lion Capital Series: Banknotes of the Indian rupee printed between 1962 and 2000. Mahatma Gandhi Series: Banknotes of the Indian rupee printed between 1996 and 2018. Mahatma Gandhi New Series: Banknotes of the Indian rupee printed from 2016 to present.
SPMCIL consists of two currency printing presses: the Currency Note Press (CNP) in Nashik and the Bank Note Press (BNP) in Dewas. New production lines are also set up in Mysore and Salboni. The two units are engaged in the production of banknotes for India as well as a few foreign countries including Iraq, Nepal, Sri Lanka, Myanmar and Bhutan ...
Microlettering: Micro-letters are used to print RBI on ₹10 notes, and the value of the denomination on other notes. Intaglio print: An intaglio (raised) shape is present on all denominations other than the ₹10 note to help the visually impaired. ₹ 20-Vertical rectangle ₹ 50-Square ₹ 100-Triangle ₹ 500-Circle ₹ 1,000-Diamond
In an effort to drive business and more thoroughly compete with Apple iTunes and the Google Play store, Amazon.com is introducing Amazon Coins. The new virtual currency gives users the ability to ...