The former largest bank notes in India — equivalent to about $7.50 and $15.00, respectively — would be replaced by a new 500 rupee note and a 2,000 rupee one. ATMs would not work on the 9th ...

Indian Prime Minister Narendra Modi on Tuesday announced that 500 and 1,000 rupee banknotes would be withdrawn from circulation at midnight, 500 and 1,000 rupee banknotes will be withdrawn from ...

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Indian Prime Minister Narendra Modi on Tuesday announced that 500 and 1000 rupee banknotes would be withdrawn from the financial system at midnight, saying it was part of a crackdown on rampant ...

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 ...

Indian Prime Minister Narendra Modi ordered the withdrawal of 500 and 1,000 rupee banknotes from circulation in a bid to combat corruption and counterfeit currency, Reuters reported.

A man writes the serial numbers of 500 Indian rupee banknotes on the back of a form before depositing them in a bank in Kolkata, November 13, 2016. REUTERS/Rupak De Chowdhuri ...

The Indian currency that is Rupee is available in two forms bank notes and coins. Some of the security features in banknotes, according to the Reserve Bank of India (RBI) include security thread, ...

Noonans Mayfair auction house in London will offer the notes as part of their World Banknotes sale and are estimated to fetch between GBP 2,000 and 2,600. The two 10-rupee banknotes were recovered ...