RBI Update: AGM of Reserve Bank of India (RBI) has made a big announcement.
Assistant General Manager B Mahesh has said that old notes of 5, 10 and 100 rupees can be withdrawn in March or April, although this plan is under consideration but it can be announced soon. is.
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RBI Latest News: A statement by RBI (RBI) Assistant General Manager B Mahesh (B Mahesh) reminded of demonetization. B Mahesh has said that the Reserve Bank is considering a plan to withdraw old notes of 5, 10 and 100 rupees. If everything goes well, it can be announced in March and April.
100 rupee note will be closed
From time to time, the Reserve Bank closes the old series of notes to avoid the risk of fake notes. All the old notes which have been closed after the authorized declaration have to be deposited in the bank. The value of the total notes deposited is deposited in the bank account or gives a new note.
The old 100 rupee note will also continue
2 years ago the RBI (RBI) issued a new note of 100. The new note of 100 rupees is of deep violet color and has been given place to the historical site Rani ki Vav. It is also called Rani ki Bawdi. Rani ki Vav is located in Patan district of Gujarat (Gujrat).
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UNESCO_ UNESCO_ included 2014 Rani ki Vav in World Heritage According to the UNESCO website, the queen’s wav is connected to the Saraswati river. UNESCO has given it the title of queen of steps. B Mahesh said that despite the issue of new notes, the old 100 rupee notes It will also continue to be considered as a valid currency.
10 rupee coins become headache for RBI
Coins of 10 rupees have become a headache for the Reserve Bank. The 10 rupee coin was brought 15 years ago, but the shopkeepers and businessmen are still refusing to take it. Rumor is spread about its validity. Due to this, a mountain of 10 rupee coins has become standing with the Reserve Bank. On this, RBI Assistant General Manager B Mahesh has said that all banks should make people aware about the 10 rupee coin that there is no plan to close this coin nor any of the fake coins. There is danger The bank should make every effort to ensure that the coin of 10 rupees continues in the market as before.
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I just wonder if an AGM of RBI authorised to speak on behalf of the apex bank on policy matters and also whether such statements as the one stated to have been made by one AGM is indeed reliable and authentic.