rupee

PYMNTS Daily Data Dive: India’s Rupee Update
PYMNTS Daily Data Dive: India’s Rupee Update
November 23, 2016  |  Daily Data Dive

Since the ban of the 500- and 1,000- rupee notes in India — an estimated value of $220 billion — roughly 86 percent of the...

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Indian Cash Machines Running Out Of Money
Indian Cash Machines Running Out Of Money
November 14, 2016  |  International

India is suffering through a cash shortage that resulted in ATMs running out of money and citizens standing in long lines to exchange notes that...

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Digital Financial Services Cheer Change In Indian Notes
Digital Financial Services Cheer Change In Indian Notes
November 09, 2016  |  Payment Methods

Many were surprised when Prime Minister of India Narendra Modi announced the discontinuation of 500- and 1000-rupee notes on Tuesday in an attempt to curb...

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Indians Make A Run On Jewelry Stores As Two Currencies Disappear
Indians Make A Run On Jewelry Stores As Two Currencies Disappear
November 09, 2016  |  International

Starting today (Nov. 9), high-denomination Indian notes will be withdrawn from India as the government moves to clamp down on corruption in the country, prompting...

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Indian Currency: No More 500- or 1,000-Rupee Notes
Indian Currency: No More 500- or 1,000-Rupee Notes
November 08, 2016  |  Cash

And just like that, two swaths of Indian currency are gone. Prime Minister Narendra Modi has announced that the country’s 500-rupee and 1,000-rupee banknotes are...

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