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Fear Of Counterfeit Money Leaves No Takers For Rs 10 Coin In Manipur

Friday, May 17, 2019, 10:02 PM

If you happen to board a bus or visit a grocery store in Manipur with Rs. 10-denomination coins in wallet, chances are there that you might be shown the door. Despite regular clarifications by the Reserve Bank of India (RBI), people in Manipur, especially small traders, are reluctant to trade with Rs. 10 coins.
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RBI will take steps to help sustain growth: Shaktikanta Das

Saturday, January 19, 2019, 8:54 PM

RBI governor Shaktikanta Das said that steps will be taken to help sustain growth in the economy. Balancing inflation and growth would require careful analysis of new incoming data, Das said at Vibrant Gujarat Global Summit, ahead of the monetary policy review in February. Das said the external sector requires careful monitoring given the volatility in crude oil prices and the global financial market.
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Bank officials fret over fake Rs 500 notes, alert staff: Report

Thursday, January 10, 2019, 11:38 AM

In the wake of rising fake currency notes in the Indian economy, banking officials have instructed their staff to be extra cautious while scrutinising received notes, a source reported. According to the report, instances of counterfeit currencies, particularly of Rs 500, have increased. It has become a cause of concern for both banking officials and the public.

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