Search results
Results From The WOW.Com Content Network
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 ...
It made a world record by printing more than 20,000 million pieces of bank notes in financial year 2016–17, It has its own design cell. It has the capability to print all the denominations of Indian bank notes. The other two bank note presses of SPMCIL are Currency Note Press Nashik Road, and Bank Note Presses Dewas.
Reserve Bank of India, abbreviated as RBI, is the central bank of India, and regulatory body responsible for regulation of the Indian banking system and Indian currency. Owned by the Ministry of Finance , Government of India , it is responsible for the control, issue, and maintenance of the supply of the Indian rupee.
India Today was established in 1975 [7] by Vidya Vilas Purie (owner of Thompson Press), with his daughter Madhu Trehan as its editor and his son Aroon Purie as its publisher. [8] [9] At present, India Today is also published in Hindi, Tamil, Malayalam and Telugu. The India Today news channel was launched on 22 May 2015.
Donald Trump will host Indian Prime Minister Narendra Modi at the White House today as the latter prepares to further cut levies on American goods in the hope of escaping the U.S. president’s ...
As per an announcement made by the Reserve Bank of India (RBI) in March 2017, a new version of the Indian 10 Rupee note will be issued soon, with better security features. The year of printing will be on the reverse note side. The numerals printed inside both note panels will be in ascending size, from left side to right side. [8]
[3] [4] [5] Before the official announcement by RBI, the media reported that ₹2000 notes had been printed from the currency printing press in Mysuru by the end of October 2016. [6] Post 2016 Indian banknote demonetisation , seven new currency notes have been announced by the Reserve Bank of India -- ₹2,000, ₹500, ₹200, ₹100, ₹50 ...
The Paper Currency Act, 1861 gave the Government of India the exclusive right to print and circulate banknotes and thereby abolishes the printing and circulation of banknotes by the private Presidency Banks. Until the establishment of the Reserve Bank of India on 1 April 1935, the Government of India continued to print and issue banknotes. [2] [3]