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CURRENCY PRINTING EXPENDITURE
Knack Packaging IPO opens for subscription. Check GMP, brokerages review and other detailsThe IPO comprises a fresh issue worth Rs 380 crore and an offer for sale (OFS) of up to Rs 59.5 crore by existing shareholders. The price b...- RBI’s currency printing cost falls 23.5% in FY26 despite rise in cash circulationReserve Bank of India's spending on printing money dropped significantly. This happened even as the total value of currency in circulation ...
- RBI declares record Rs 2.87 lakh crore dividend to cushion war shockThe Reserve Bank of India announced a record surplus transfer to the government for FY26, though it falls short of budget estimates. This s...
- RBI reveals why currency printing expenditure rose sharply last yearIn fiscal year 2024-25, India witnessed a significant surge in security printing expenditure, driven by increased demand for banknotes. Whi...
- What is deficit financing and why is it necessary in some countries?Governments use deficit financing, borrowing or printing money, to cover budget shortfalls and stimulate economic growth. While crucial for...
- What is known as deficit financing?Deficit financing, through borrowing or currency issuance, is crucial for economic growth in countries like India. Government intervention ...
- Rupee ends little changed, posts best weekly gain since early FebruaryThe Indian rupee closed little changed on Friday but logged its strongest week-on-week rise in nearly three months following a recovery fro...
- Aware of concerns of visually impaired but issuing new banknotes huge task: RBI to HCThe Reserve Bank of India on Wednesday told the Bombay High Court while it acknowledges the concerns of visually impaired persons regarding...
- Govt may consider 0.3% fee to maintain UPI payment system & ensure financial viability: IIT Bombay studyThe study, which analyses the impact of the decision of the National Payments Corporation of India (NPCI) to introduce interchange fee on p...
- UPI transactions free but banks put limits as norms clashAccording to a report, this conflict can be overcome if the RBI takes over the costs of UPI payments just as it absorbs cost-of-currency tr...
- No plan to print currency notes to tide over crisis: FMMany economists and experts have suggested the government to resort to printing more currency notes to support the economy ravaged by the s...
- Cost of Rs 2000 note falls 65 paise per piece in 2018-19: Official dataAccording to data provided by the government to the Rajya Sabha on Tuesday, the selling price of Rs 2000 note from the BRBNMPL was Rs 3.53 ...
- Banknotes printing cost rose to nearly Rs 8,000 crore in demonetisation year: GovtThe expenditure on printing of notes during 2015-16 was Rs 3,421 crore.
- IAF raised bills of Rs 29.41 cr to ferry currency notes post-demonetisation: RTIThe move to scrap the old Rs 500 and Rs 1,000 notes was announced by PM Modi on November 8, 2016, and saw 86% of currency being sucked out ...
- About Rs 5,000 crore spent on printing of new 500 notesThe government has informed the Lok Sabha that about Rs 5,000 crore was spent on printing of new Rs 500 currency notes post demonetisation.
- 99% of junked Rs 500/1000 notes returned to banks: RBIThe central bank also revealed that it had spent Rs 8000 crore on printing banknotes during this year's remonetisation drive.
- Launch of Rs 10 plastic currency notes delayedGovernment in February had informed Parliament that one billion plastic notes of the denomination of Rs 10 will be introduced.
- Amarnath yatra: Pilgrims to get new 'high security' permitsIn a meeting of Shri Amarnathji Shrine Board (SASB) under the chairmanship of Jammu and Kashmir Governor N N Vohra, the new design of 'Yatr...
- Genuine currency too gets cheap to printThe Reserve Bank of India (RBI) has managed to literally arrest the rise in prices it pays for printing money. And if per-unit printing cos...
- Currency Capers: Forgers go for big notesAnti-national elements seem to have changed their modus operandi as far as counterfeiting of currency is concerned.
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