The move comes amid reports that the apex bank is all set to release a new denomination, Rs 200 soon.
The central bank had reportedly decided to bring in Rs 200 notes in March after consulting the finance ministry, they said. The notes are going through multiple checks for security and quality at government printing presses.
Mint reported that currently, the focus is on Rs 200 and Rs 500 denominations.
With the introduction of a new, yet relatively lower denomination currency note, the RBI is hopping to ease the currency crunch which is still prevalent in most parts since November 2016, when the Rs 500 and Rs 1,000 notes which constituted for more than 85 per cent of the total notes in circulation was withdrawn.
Even after seven months have passed since the deadline to exchange the demonetized notes expired, the RBI hasn't revealed the value of old notes which have come back.
Lionel Messi and Cristiano Ronaldo are both incredibly successful soccer players, and they have each won a large number of trophies and awards throughout their careers.
Cristiano Ronaldo and Lionel Messi are both considered to be among the best soccer players in the world. Both players have had highly successful careers.
Al-Nassr FC is a professional football club based in Riyadh, Saudi Arabia. The club was founded in 1955 and has won several domestic and international titles.
Vivo sub-brand iQOO has launched the company’s latest 5G smartphone- iQOO Z1x 5G in China on July 9, 2020.
This episode describes. making of magnets, how to they working on it. Video mad by discovery uk.
Russian President Vladimir Putin says the Israeli military’s aerial operations in the Syrian airspace are in flagrant violation of the incumbent Damascus government’s sovereignty as tensions are simmering between Moscow and Tel Aviv over the downing of the Russian Ilyushin Il-20 reconnaissance aircraft in the western Syrian province of Latakia.
The permanent residency card will grant them the same access to education and healthcare in government institutions as Qatari nationals.
According to the latest leak, Samsung Galaxy A91 may launch in India at the end of this year.
Xiaomi India has just unveiled it's latest flagship killer- Xiaomi Mi 10 5G smartphone in India.
Honor has just launched the Honor 9A smartphone for the global markets and the price starts from €149.90 (US$ 169.6 / Rs. 12,810). Read on to know more.