Panel shortlists five candidates, decision on winning entry in January.
The long wait for a symbol of the rupee is expected to end by March next year. A committee headed by Reserve Bank of India (RBI) Deputy Governor Usha Thorat has shortlisted five symbols from 4,000 entries for a public competition to select a design for the symbol.
The announcement of the final winner is expected in January, but a finance ministry official said the process would be over by March. “RBI has given its recommendations, but it will need the approval of the finance minister as well as the Cabinet. This may take two-three months,