Central Banking

Bidder calls on De La Rue to reveal details of RBI relationship

india-rupee

Oberthur Technologies, a company specialising in secure documents that last year launched a takeover bid for De La Rue, called for more information on Tuesday from the world's biggest banknote manufacturer regarding its relationship with the Reserve Bank of India, which is thought to have been damaged after De La Rue provided a faulty batch of paper to the central bank last year.

Oberthur urged De La Rue to "inform the market" on the status of its relationship with the Reserve Bank, which the

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FedNow – at last

The instant payment system might help fix the US’s rusty payment rails, but it also faces competition, says Dave Birch

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