Articles for tag: Currency, ecofriendliness, Economic, Efficiency, Embarks, Ensuring, Future, Indias, Management, Monumental, Project, RBI, Revolutionize, Safety, Year

RBI embarks on a monumental 4-5 year project to revolutionize currency management, ensuring safety, efficiency, and eco-friendliness for India’s economic future.

The Reserve Bank of India (RBI) is planning a major overhaul of its currency management system over the next 4-5 years to meet the growing cash needs of the economy. This modernization will include building new currency management centers, automating warehouses, and improving security and inventory systems. The RBI noted that while the growth rate ...