The government is also responsible for designing and minting coins. India adopted the decimal monetary system in 1957, when Rupee 1 was deemed to consist of 100 singular paisa. The Reserve Bank of ...

New Delhi: For many, it might come as a surprise that it costs more than its value to mint Rs 1 coin. In response to an RTI filed in 2018, RBI made this revelation where it disclosed that it costs ...

In 2010, the Reserve Bank of India celebrated the 1000 years ... of the Nation's' 150th anniversary in 2019 a Rupees 150 coin made of pure silver was minted The reverse side of the coin had ...