RBI to introduce new Rs 50 notes: Old notes to remain legal tender The Reserve Bank will soon introduce new fluorescent blue Rs 50 bank notes bearing the motif of ‘Hampi with Chariot’ that depicts India’s cultural heritage. RBI said it will shortly issue these Rs 50 denomination banknotes in the Mahatma Gandhi (new) series. […]
Tag: RBI
RBI rate cut by 0.25 percentage; home, auto EMIs to be lower
RBI rate cut by 0.25 percentage; home, auto EMIs to be lower After a 10-month pause, the Reserve Bank on Wednesday cut benchmark lending rate by 0.25 per cent to over 6-year low citing reduction in inflation risk, a move that will lower interest on home, auto and corporate loans. The repo rate, at which […]



