alternate usage of currency notes

hemaraj - 16-MAR-2010

Today the habba day has a very first page  in times of india, scene of mayawathi getting garlanded with 1000 rupee notes, amounting to 5 crores.

I read an article sometime back that RBI has mentioned that  a rule is being brought in,where currency cannot be used for alteranate purpose other than for transaction as money.

anybody using other than the specific  purpose will be severly punished as it is damaging the notes and cost of printing is very high, and has to  be maintained. this article was published when one of the ministers in Tamilnadu was garlanded.

will this stand good for all . or is it for commom man. or has the rule  been abolished.

Secret Indian currency template compromised: CBI

vinod_shankar - 13-AUG-2009

Every week or so there are reports regarding crores of indian fake money in circulation . And this is the latest i came across.  Isn't there solution to this problem, instead of blaming the 'isi'  , terrorists. &nbs

A threat from within

psaram42 - 31-JUL-2009

 At the Indiranagar petrol bunk 8AC and 2 QA series notes of 1000 denominations are not being accepted, Since 10 July 2009. The banks should take some responsibility in guaranteeing at least the ATMs being free of fake notes.

Quarterly Statistics on Deposits and Credit of Scheduled June 2008

belgaumblog - 9-OCT-2008

Standing of Karnataka cities in deposit & credit base: RBI Report

belgaumblog - 2-AUG-2008

The Reserve Bank of India released its ‘Quarterly Statistics on Deposits and Credit of Scheduled 2008′. The publication contains data relating to deposits and credit of scheduled commercial banks including (RRBs) as on March 31, 2008.