issued guidelinesTags : Bank, primary dealers, currency, futures
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Re 1 currency note to enter circulation(29.03.2016)
The Reserve Bank of India will soon introduce one rupee notes into circulation. The notes will incorporate bi-linguistic features, such as the signatu.....
Tags : one rupee, currency note, circulation
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Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) (Amendment) Regulations, 2019(27.02.2019)
In exercise of the powers conferred by Section 9 and clause (e) of sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1.....
Tags : Foreign Currency, Amendment, Regulations
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Supreme Court Refuses to Stay Transfer of Cases Relating Demonetization of Rs 500 & Rs 1000 Notes(23.11.2016)
Supreme Court has refused to stay transfer of proceedings against demonetisation of Rs500 and Rs1,000 currency notes across various High Courts in the.....
Tags : Supreme Court, demonetisation, Rs500, Rs1,000, currency notes
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Del. HC Restrains Websites from Offering Digital Currencies Under Microblogging Platform's Trademark(05.08.2022)
Delhi High Court while restraining 3 websites and applications from offering digital coins and currencies consisting of the trademark owned by micro-b.....
Tags : Delhi High Court, Trademark, Koo, Crypto-Currency
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RBI Issues Norms for PDs in Exchange-Traded Currency Futures(18.03.2016)
Reserve Bank of India (RBI) has issued guidelines permitting standalone Primary Dealers (PDs) to participate in exchange-traded currency futures on ap.....
Tags : Reserve Bank of India , Primary Dealers, Currency Futures
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CIVIL - SC Gives Centre 4 Weeks to Bring in Cryptocurrency Policy(26.02.2019)
Supreme Court has refused to hear any party pertaining to the long-pending cryptocurrency cases in the country and directed Union of India to come up .....
Tags : Supreme Court, Cryptocurrency Policy
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Calcutta HC Seeks Response on Printing of Subhash Chandra Bose's Picture on Currency Notes(14.12.2021)
Calcutta High Court has sought the Union government's response in a Public Interest Litigation (PIL) seeking directions to print images of Netaji Subh.....
Tags : Calcutta High Court, Printing of Subhash Chandra Bose's Picture on Currency Notes
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SEBI Relaxes Currency Derivatives Rules(23.06.2016)
Securities and Exchange Board of India (SEBI) has relaxed currency derivatives rules, allowing participants to continue to hold on to their open posit.....
Tags : Securities and Exchange Board of India, Currency Derivatives Rules
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Notification regarding Exchange Traded Currency Derivatives(04.04.2024)
In the recent period, some concerns have been expressed about participation in the exchange traded currency derivatives (ETCD) market in the light of .....
Tags : Exchange, Currency Derivatives, Regulatory framework
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Madras HC: Cryptocurrency is Property and Can be Held in Trust(27.10.2025)
Madras High Court recognized cryptocurrency as a form of property that can be owned, enjoyed, and held in trust, while protecting an investor whose di.....
Tags : Cryptocurrency, Property, Investor
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SC: Recovery of Currency Alone Doesn’t Convict under PC Act Without Proof of Demand and Acceptance(30.10.2025)
SC acquitted a former Assistant Labor Commissioner accused of taking a Rs. 3,000 bribe, observing that mere recovery of currency is insufficient for c.....
Tags : Recovery, Prevention of Corruption Act, Currency
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Delhi High Court to Govt: Examine New Rs 50, Rs 200 notes(01.02.2018)
Delhi High Court has asked the Centre and the RBI to examine the new currency notes and coins, saying the visually-impaired were facing hardship in id.....
Tags : Delhi High Court, Currency Notes
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SC: Mere Recovery of Tainted Currency Notes Not Sufficient to Establish Offence under PC Act(05.05.2025)
Supreme Court has stated that mere possession and recovery of tainted currency notes from a public servant, in the absence of proof of demand, is not .....
Tags : Supreme Court, Tainted Currency, Public Servant
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RBI Allows NRIs to Access ETCS Market(03.02.2017)
Reserve Bank of India (RBI) has allowed NRIs access to Exchange Traded Currency Derivatives (ETCD) market to hedge currency risk arising out of their .....
Tags : Reserve Bank of India, Exchange Traded Currency Derivatives
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Supreme Court Asks Centre to Look Into PIL on RBI Branch Exchanging Defaced Currency Notes(08.01.2020)
Supreme Court has asked the Centre on Tuesday to look into a Public Interest Litigation seeking Central Bureau of Investigation probe into the Reserve.....
Tags : Supreme Court, Currency Notes
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Notification regarding Exchange Traded Currency Derivatives(04.04.2024)
In the recent period, some concerns have been expressed about participation in the exchange traded currency derivatives (ETCD) market in the light of .....
Tags : Exchange, Currency Derivatives, Regulatory framework
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RBI announces the Framework on Currency Swap Arrangement for SAARC countries for the period 2019 to 2022(26.11.2019)
To further financial stability and economic cooperation within the SAARC region, the Reserve Bank of India, with the concurrence of the Government of .....
Tags : Framework, Currency Swap Arrangement, SAARC countries
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Export and Import of Indian Currency(20.03.2019)
Attention of Authorised Persons is invited to Regulation 8 of Foreign Exchange Management (Export and import of currency) Regulations, 2015, in terms .....
Tags : Indian Currency, Export, Import
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Pre-2005 series of Banknotes - Revision of exchange facility(30.06.2016)
After 1 July 2016, Pre-2005 banknotes will only be exchanged at Reserve Bank of India offices in the country’s larger cities.
Pre-2005 ban.....
Tags : currency, pre-2005, exchange, deadline
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RBI increases incentives for ATMs dispensing lower denomination notes(05.05.2016)
The Reserve Bank of India revised ‘Incentives & Penalties’ in the Currency Distribution & Exchange Scheme. By revision, the incentives for installatio.....
Tags : currency distribution, incentive, denomination
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Facility for Exchange of Soiled/ Mutilated/ Imperfect Notes(14.07.2016)
The Reserve Bank of India notified that up to 20 soiled notes, worth no more than Rs. 5000, can be exchanged free of charge at non-chest branches bank.....
Tags : currency, soiled, mutilated, over the counter, exchange
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RBI publicises exchange of notes and coins(18.07.2016)
The Reserve Bank of India issued a master circular reiterating facilities for exchange of notes and coins, and broadening the use of currency not in t.....
Tags : soiled, mutilated, currency, exchange
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Discovery of Ink to Curb Fake Printing of Passports and Counterfeiting of Currency Notes(03.03.2020)
CSIR-National Physical Laboratory has developed a bi-luminescent security ink which glows in red and green colours when illuminated by two different e.....
Tags : Discovery, Fake Printing, Currency Notes
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Maintenance of CRR/SLR on Foreign Currency Assets/Liabilities- Reference rate for INR/USD and exchange rate of other major currencies(02.08.2018)
Please refer to our circular DBOD.No.Ret.BC.113/12.01.001/2011-12 dated June 29, 2012 on Maintenance of CRR on FCNR(B) Scheme advising banks to be gui.....
Tags : Maintenance, CRR/SLR, Foreign Currency Assets, Liabilities
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Government Proposes to Introduce Cryptocurrency and Regulation of Official Digital Currency Bill(24.11.2021)
Central Government has proposed to introduce the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021. As per the list of business, t.....
Tags : Central Government, and Regulation of Official Digital Currency Bill, 2021
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RBI clarifies: No change in existing Currency and Banknotes(06.06.2022)
There are reports in certain sections of the media that the Reserve Bank of India is considering changes to the existing currency and banknotes by rep.....
Tags : No change, Currency, Banknotes
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Exchange Traded Cross Currency Derivatives contracts on various currency pairs introduced(09.03.2016)
The Securities and Exchange Board of India permitted stock exchanges to introduce cross-currency futures and options contracts on EUR-USD, GBP-USD and.....
Tags : Exchange traded, cross currency, derivatives contract
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