no it is not
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100 INR is equal to the13.227 RMB. 1 yuan is equal to 7.56 INR ok, i hope you understand.
Renminbi is the currency issued by the People's Bank of China, the monetary authority of China. The price of one US dollar is in today's rate is equivalent to 6.11 Chinese Yuan (RMB).The difference between Renminbi and Yuan is that Renminbi is the official name of the currency and Yuan is the main unit of currency.
The Chinese currency is the "Yuan" or "Renminbi". The official (ISO) currency code is CNY although many use RMB.
Chinese currency is RMB(contain cash and coin) Renminbi (人民币) is the currency of the People's Republic of China. Its principal unit is the yuan (元), subdivided into 10 jiao (角). Each is further subdivided into 10 fen (分). The renminbi is issued by the People's Bank of China, the monetary authority of the PRC.China's currency is the Renminbi and the unit is popularly known as yuan.1 yuan equals 10 jiao, 1 jiao equals 10 fen. There are parts of China where the yuan is also known as Kuai and Jiao is known as mao. Chinese currency is issued in the following denominations: one, two, five, ten, twenty, fifty and one hundred yuan; one, two and five jiao; and one, two and five fen.Sometimes we call it "yuan" or "kuai" the official name is RenMin Bi or RMB for short. RenMinBi means "the people's money"
RMB stands for Renmibi in Chinese Pinyin http://www.alidurrani.net