MBA India

Money and Finance in India


 

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Indian currency
The national currency is the Rupee (Rs) and its denomination, the paise (p). The currency started to circulate around 1540 thanks to Emperor Ser Shah Suri only in the north of India and it circulates throughout the country...

ATM'S
If you have an International card you will not be able to use it with regular ATMīs, but only with International ATMīs, fortunately big cities have them almost everywhere and the regular credit cards that are widely taken by ATMīs are: Cirrus, Maestro, Plus, Visa and MasterCard...

Credit Card
Credit cards can be very useful in big cities, though not in small towns. If at some point you run out of cash you can get money cash at some banks, they may ask you for your passport...





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