The Reserve Bank of India (RBI) is not using 'counting machines' for tallying the total number of demonetised notes of Rs 500 and Rs 1,000 in any of its offices, the central bank has said in an RTI ...

IN olden days when counting machines had not come into being, packets of 100 currency notes in the denomination of say Rs10, Rs50, Rs100, etc., delivered over the counter of any bank were blindly ...

Surojit.Gupta New Delhi: New currency counting machines have been pressed into service after the units that were being used broke down, hampering counting of cash seized at various locations, ...

Reserve Bank of India Governor Urjit Patel once again refused to give the amount of demonetised notes deposited with banks after Centre's note ban last year saying they are still being counted. The ...

The Reserve Bank has cut staff holidays to complete counting of currency notes which returned to the system post demonetisation and has also ordered more machines to expedite the process, Governor ...

At least 66 Sophisticated Currency Verification and Processing (CVPS) machines are being used for counting junked ₹500 and ₹ 1,000 notes that were deposited post demonetisation, the Reserve Bank of ...

The central bank refused to give total number of personnel deployed for counting of scrapped notes, saying compiling information would disproportionately divert its resources. The Reserve Bank of ...