American company using indian rupee symbol

File RTI Application to  Nodl Central Public Information Officer, Reserve Bank of India, Fort, Mumbai, and with Rs.32 you can get the authentic information.

Application dt.28th Oct, 2020 seeking information under RTI Act

Before: Nodal Central Public Information Officer, RBI, Fort, Mumbai

Fee: Postal order for Rs.10/- fvg:.RBI payable at Mumbai.

Applicant:

Information solicited:

Please provide information as to whether there is a bar/Restriction if an American company use the Indian Rupee symbol as a part of their logo for their product with extract of law on such specific restriction.

Applicant.

Yes, RTI is the best option.

To the best of my knowledge, nobody can use the official sign of Indian Currency in any Logo or advertisement as it is the sovereign symbol of the currency.  You may report the matter to the Ministry of Finance with a copy of a photo of the Logo, details of the company using it. Mark a copy to Reserve Bank of India. You can expect to get a reply from the Ministry of Finance if you address it directly to the Minister by name.

Yes they can until it do not contradict the Trademark Act, 1999 and the Paris Convention. The fact that rupee symbol cannot alone i.e. word or letter or wordmark be granted registration and may the company apply for registration with a disclosure that it won't have any exclusive right on the rupee symbol.