India's withdrawal of larger banknotes from circulation is sparking a surge in cash deposits and raising hopes the added liquidity will allow banks to lower lending rates more aggressively.

Indian markets are likely to welcome the country's move to kill off its 500 and 1,000 rupee banknotes on Wednesday - the U.S. presidential election result notwithstanding - as banks' coffers will ...

D. Udaya Kumar of IIT Bombay designed the Indian Rupee symbol in 2009, before which the Indian currency had no graphic ...

Currency notes are more than just a medium of exchange; they embody technological brilliance and historical evolution. Indian rupee notes , crafted with precision and innovation, tell a story that ...

People will be asked to deposit 2,000-rupee banknotes in their bank accounts or exchange them for smaller denominations between May 23 and Sept. 30, ... ($1 = 81.7800 Indian rupees) ...

The Indian rupee saw a record low close of 83.29 per dollar Wednesday before pulling ... A bank teller counts Indian 200 rupee banknotes in Mumbai, India. Photographer: Dhiraj Singh/Bloomberg ...

The Indian currency will withstand the recent strengthening of the dollar, Finance Minister Nirmala Sitharaman said, reiterating a central bank forecast that the South Asian economy will grow at 7 ...

A man counts Indian rupee banknotes in Varanasi, Uttar Pradesh, India. Dhiraj Singh/Bloomberg 2023-05-04T14:30:27Z Share. Facebook Email X Copy link. Save Saved Read in app ...