Wednesday February 20, 2019
Home India Currency Note...

Currency Notes found floating in Ganga river near Narghat of Kotwali Police Station in Uttar Pradesh

Similar incidents have occurred in many states where people have either thrown or burned the money

0
//
woman ends life
Indian currency notes. Pixabay

November 11, 2016: The Uttar Pradesh Police said the exact number of the currency notes could not be ascertained. They were spotted by people bathing in the river near Narghat of Kotwali police station.

As the news spread, police force was sent to the spot. A probe was ordered into the matter. (IANS)

Next Story

Nepal’s Central Bank Announces Ban of Indian Notes Above Rs 100

Currently, only the notes with a denomination of Rs 100 and below are freely exchangeable in Nepal

0
crop loan
Indian Currency. Pixabay

Nepal’s central bank has announced the ban of Indian currency notes with denominations above Rs 100.

The Nepal Rastra Bank (NRB) on Sunday issued a circular for the institutions licensed by it notifying them about the ban, reports Xinhua news agency.

Authorised to Issue Currency Notes.
Rs. 2000 note was issued by RBI who maynot ahve been Authorised to Issue Currency Notes. Wikimedia.

Nepal’s cabinet in December had decided to ban the use of these currency notes.

The decision to ban these notes has come a time when the NRB has requested the Reserve Bank of India (RBI) arequesting the latter to allow Nepal to use currency notes with all denominations.

Also Read- Sabarimala Tantri Gets More Time to Explain Purification Rituals

Currently, only the notes with a denomination of Rs 100 and below are freely exchangeable in Nepal. (IANS)