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#RBI

Editorial

RBI to issue new Rs 20 denomination banknotes

The Reserve Bank of India (RBI) has announced that it will shortly issue Rs 20 denomination banknotes, in the Mahatma Gandhi (New) series, bearing the signature of the central bank’s governor Shaktikanta Das. “The Rs 20 note will be greenish-yellow in colour. The new banknote has a motif of Ellora Caves on the reverse, depicting […]

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Editorial

Did government stop printing 2000rs notes?

Recently, a report circulated in the Media about how the production of Rs 2000 note has dropped drastically in 2018. A few even claimed about hoarding and said that the note might phase out completely. Responding to the reports, Economic Affairs Secretary Subhash Chandra Garg said: “Printing of notes is planned as per the projected […]

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