Nov 29 (Reuters) - Indian prime minister Narendra Modi announced a shock move on Nov. 8 to ditch 500 and 1,000 rupee notes - worth a combined $256 billion - that he said were fuelling corruption, ...
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Why Is "I Promise To Pay The Bearer..." Written On Indian Banknotes? RBI's Promissory Clause Explained
New Delhi: Every banknote issued by the Reserve Bank of India --Rs 2, Rs 5, Rs 10, Rs 20, Rs 50, Rs 100, Rs 200, Rs 500, and Rs 2000 --unless they are withdrawn from circulation, are legal tender at ...
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