Fact Check: Claims about RBI buying old notes and coins is false
Sep 7, 2023 · Reserve Bank of India (RBI) in 2021, in a press release, clarified that the central bank did not authorise anyone to collect commissions or charges on buying and selling old …
Reserve Bank of India
The Currency Department in RBI attends to the core statutory function of note and coin issue and currency management. This involves forecasting the demand for fresh notes and coins, …
Reserve Bank of India
Home >> Coins - Retrospect of Indian Coins Republic India Coinage India won its independence on 15 th August, 1947. During the period of transition India retained the monetary system and …
Title: "The Reserve Bank of India's Coin and Note Issuance: A ...
May 26, 2025 · Introduction In this comprehensive article, we delve into the intricacies of coin and note issuance by the Reserve Bank of India (RBI). Understanding the denominations of coins …
Indian Currency System
Apr 17, 2022 · RBI Act 1934 empowers RBI to issue all the banknotes except 1 Rs. note. However, coins and 1 Rs. notes are issued by the Government of India under the coinage act …
Coins of the Indian rupee - Wikipedia
In 1992, a new stainless steel rupee coin, smaller and lighter than the older rupee, was minted, alongside a 5 rupee Cupronickel coin. In 2005, the 10 rupee coin was minted for the first time. …
Fact Check: Will RBI Discontinue Rs 10 And Rs 20 Notes And Coins?
Feb 5, 2025 · RBI clears rumors about currency notes and coins, confirming that Rs 10 and Rs 20 notes will remain in circulation. The government urges the public to ignore false claims …
Did RBI Issue Rs. 20, Rs. 150, Rs. 100, Rs. 1000 Coins?: A ...
Jul 30, 2017 · CLAIM Social media posts and WhatsApp messages claim that the Reserve Bank of India (RBI) has issued new coins in denominations of Rs. 20, Rs. 100, Rs. 150, and Rs. …