SSBF Official

[SSBF Official @SSBFOfficial]

Here's wishing you a merry Christmas! #SSBF #MerryChristmas #ChristmasCheer

[SSBF Official @SSBFOfficial]

RBI can issue currency notes as much as the country requires, provided it has to make a security deposit of Rs. 200 crores

[SSBF Official @SSBFOfficial]

The RBI has two colleges for it's officers - 1) Reserve Bank Staff College at Chennai 2) College of Agricultural Banking at Pune

[SSBF Official @SSBFOfficial]

The Reserve Bank of India on Wednesday said it could consider making future borrowings more expensive for willful defaulters.

[SSBF Official @SSBFOfficial]

Inspiring wisdom from the author of Harry Potter!

[SSBF Official @SSBFOfficial]

Loans Get Dearer:RBI reduced the marginal standing facility, or MSF rate,at which it lends emergency funds to banks, by an identical margin.

[SSBF Official @SSBFOfficial]

December 21st to 24th, 2013 at SSBF, Pune International Workshop on Quantitative Finance in collaboration

[SSBF Official @SSBFOfficial]

The Madras Presidency, until 1815 had also issued currency that was based on the fanam. In this, 12 fanams were equal to one rupee.

[SSBF Official @SSBFOfficial]

Origin of the word “rupee” is from the Sanskrit word raupyak which means silver,the Sanskrit word rupya which means “shaped,impressed coin.”

[SSBF Official @SSBFOfficial]

After independence, the first coin in India was issued in 1950.

[SSBF Official @SSBFOfficial]

In 1862, new coins were introduced which were known as regal issues. These bore an image of Queen Victoria and the name ‘India’.

[SSBF Official @SSBFOfficial]

Facts about the RBI Initially the headquarter of RBI was in Calcutta (Now Kolkata) but in 1937 it was permanently moved to Mumbai

[SSBF Official @SSBFOfficial]

In 1861, paper money in the form of a 10-rupee note was first issued by the Bank of Hindustan (1770–1832)

[SSBF Official @SSBFOfficial]

For the first time in India, coins of 75, 150 and 1000 were minted. To celebrate 150th birth anniversary of Rabindranath Tagore

[SSBF Official @SSBFOfficial]

The present series of bank notes is known as the Mahatma Gandhi series. It was introduced in 1996 on the 10-rupee note.

[SSBF Official @SSBFOfficial]

To create the Latin letter “R” and Devanagari letter Ra “र” is used and given two parallel lines representing the Indian National Flag.

[SSBF Official @SSBFOfficial]

Coins after Independence were made of cupro-nickel. It was followed by aluminum coins that were introduced in 1964

[SSBF Official @SSBFOfficial]

The rupee fell 22% in July 1991, steepest before August 2013 happened! #rupee #fell #india

[SSBF Official @SSBFOfficial]

Originally rupaya was made up of silver having a weight of about 11.34 grams. Even during the British rule, the silver rupee continued.

[SSBF Official @SSBFOfficial]

"You become what you believe. You are where you are today in your life based on everything you have believed."@Oprah