New ₹5 Coins Are in Use: The RBI has introduced thinner, golden-colored ₹5 coins that are now widely accepted in the market. This isn’t the first time the RBI has made significant changes to ...
Acknowledging the recent innovations by fintech startups, the Reserve Bank of India (RBI) has now released a ... we even went so far as to create the new coins and deploy them as ERC20 tokens ...
Amid an oversupply of coins, storage costs are getting unfeasible as the RBI is running out of space to keep them. As a result, the RBI is looking to outsource the distribution of coins to a ...
A photo was recently shared on Facebook claiming that Rs 5,000 currency note was about to be released by the Reserve Bank of ...
Jio Platforms, led by billionaire Mukesh Ambani, has partnered with internet technology company Polygon Labs. Soon after the ...
Since the RBI does not have to print them, it saves on printing and material costs that are incurred for printing notes and minting coins. Additionally, since they are stored electronically ...
Reportedly, the Reserve Bank of India (RBI) has issued a statement against the usage of virtual currencies/encrypted money like bitcoin. The further usage of any such currency will be considered ...
India’s new central bank head faces a tough decision ... A change in leadership has stoked speculation about the RBI’s exchange-rate policy. While effective in dampening fluctuations, critics ...