Why Has RBI Scrapped Polymer Currency Notes Idea?

The RBI has shelved its plan for polymer notes more than a decade after it invited interest from global manufacturers for one billion pieces of Rs 10 denomination polymer banknotes, reveals Tamal......

Is Modi planning another round of demonetisation?

What was the real reason behind ATMs running dry even in states that are not election-bound, wonders Nivedita Mookerji. Illustration: Uttam Ghosh/Rediff.com It was a bright December day last year......

How many mints in India produce coins?

Currency and coinage in India How many mints in India produce coins?Take the rediff business quiz and see how much you know about India's currency and coins. Biz Quiz is best viewed in Internet......

The RBI's clean sweep

Vepa Kamesam, Reserve Bank of India deputy governor, stepped down from office on Mint Road on Tuesday with a lot of dirt on his hands. We're talking metaphorically of course, and not in the......