Indian Currency and the Role of RBI
The Indian Rupee (₹) is issued by the Reserve Bank of India (RBI), ensuring currency stability. Notes range from ₹1 to ₹500, signed by RBI Governor Sanjay Malhotra.
The Indian Rupee (₹) is the official currency of India, issued and regulated by the Reserve Bank of India (RBI), headquartered in Mumbai. The RBI, India's central bank, is responsible for managing the currency's supply, stability, and value. It oversees the production and circulation of notes in various denominations such as ₹1, ₹2, ₹5, ₹10, ₹20, ₹50, ₹100, ₹200, and ₹500. Each currency note carries the signature of the Governor of the RBI, currently Sanjay Malhotra, which ensures its authenticity and legal status.