Printing of currency is an essential activity for any country, and India is no exception. The Reserve Bank of India (RBI) is responsible for the printing of currency notes in India. In this blog, we will take a closer look at the process of printing currency notes in India and the various factors that influence the process. Printing currency in India is the responsibility of the Reserve Bank of India (RBI), which is the central bank of the country. The RBI was established in 1935 and is headquartered in Mumbai. The RBI is responsible for determining the amount of currency notes that need to be printed in India. The amount of currency notes that are printed is determined based on various factors, such as the demand for currency in circulation, the need for new notes, and the replacement of old and damaged notes. Once the amount of currency notes to be printed is determined, the RBI places an order with the two government-owned printing presses in Nashik and Dewas. History of currency pr...
The history of capital market in India can be traced back to the 19th century with the establishment of stock exchanges in major cities like Mumbai (formerly known as Bombay) and Kolkata (formerly known as Calcutta). However, the growth of the capital market in India was limited until the 1990s when the government initiated economic liberalization and reforms. This led to the establishment of a more organized and regulated stock market, with the Securities and Exchange Board of India (SEBI) being established in 1992 as the regulatory body. In the late 1990s, the Indian capital market saw significant growth, with the launch of derivatives trading and the entry of foreign institutional investors. This growth continued in the following decades, with the launch of new stock exchanges and the introduction of new financial products. Today, the Indian capital market is one of the largest in the world, with a vibrant stock market, a well-developed bond market, and a growing mutual fund in...
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