The Reserve Bank of India (RBI) manages the country's currency. Yes, every note enters the market under the RBI's supervision. While everyone keeps crisp notes in their pockets, what happens to old ...

Mysteriously mutilated Indian currency notes worth over several lakhs were recovered from the currency chest of a bank in Barabanki on Wednesday. LUCKNOW: Mysteriously mutilated Indian currency notes ...

The residents, who spoke to NAN said getting clean Naira notes were hard to come by nowadays. Miss Ekene Okugba said that she hasn’t seen new Naira notes in over two years. “I’m used to seeing and ...

What to do with damaged notes? Currency notes often get damaged due to handling, moisture or tearing. To ensure they retain their value, the RBI has set guidelines for exchanging soiled or torn notes.

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The House of Representatives, on Thursday urged the Central Bank of Nigeria (CBN) to urgently withdraw and destroy mutilated naira notes in circulation. The house also charged the National Orientation ...

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A Federal High Court sitting in Ibadan, the Oyo State capital, has turned down the bail application for the defendants in the N8 billion mutilated currency fraud case involving some official of the ...