Press Releases - Currency Management - RBI - Reserve Bank of India
Press Releases
Aug 28, 2008
RBI Clarification on phasing out of Banknotes
On enquiries from the press and members of public, the Reserve Bank of India has clarified as follows:As a part of its currency management programme, the Reserve Bank phases out banknotes of old design once banknotes in new design with additional/enhanced security features are introduced. The Reserve Bank has asked banks that when they receive bank notes with old design in Rs.500 denomination (1996 series), they may not re-issue such notes to public and instead return
On enquiries from the press and members of public, the Reserve Bank of India has clarified as follows:As a part of its currency management programme, the Reserve Bank phases out banknotes of old design once banknotes in new design with additional/enhanced security features are introduced. The Reserve Bank has asked banks that when they receive bank notes with old design in Rs.500 denomination (1996 series), they may not re-issue such notes to public and instead return
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Jul 18, 2008
New Ferritic Stainless Steel Coin of Rs.5 - "Mahatma Basaveswara"
The Reserve Bank of India will shortly put into circulation new Ferritic Stainless Steel coins of Rs.5 issued by Government of India to commemorate "Mahatma Basaveswara". The coins shall conform to the following dimensions, designs and compositions namely: Denomination of the Coins Shape Weight & Outside diameter Metal Composition Five Rupees Circular with 23 mm diameter with Security edges. Weight – 6 gms. Ferritic Stainless Steel Chromium – 18% Iron - 82% Design
The Reserve Bank of India will shortly put into circulation new Ferritic Stainless Steel coins of Rs.5 issued by Government of India to commemorate "Mahatma Basaveswara". The coins shall conform to the following dimensions, designs and compositions namely: Denomination of the Coins Shape Weight & Outside diameter Metal Composition Five Rupees Circular with 23 mm diameter with Security edges. Weight – 6 gms. Ferritic Stainless Steel Chromium – 18% Iron - 82% Design
Jul 18, 2008
New Ferritic Stainless Steel Coins of Rs.5/- to commemorate the occasion of "75 Years of Dandi March"
The Reserve Bank of India will put into circulation New Ferritic Stainless Steel (FSS) coins of Rs.5/- issued by the Government of India to commemorate the occasion of "75 Years of Dandi March". Denomination of the coin Shape and outside diameter Weight Metal Composition Five Rupees Circular 23 mm with security edges 6 gms Ferritic Stainless Steel (FSS) Iron - 82% Chromium - 18% Designs : Obverse : This face of the coin shall bear the Lion Capital of Ashoka Pillar wit
The Reserve Bank of India will put into circulation New Ferritic Stainless Steel (FSS) coins of Rs.5/- issued by the Government of India to commemorate the occasion of "75 Years of Dandi March". Denomination of the coin Shape and outside diameter Weight Metal Composition Five Rupees Circular 23 mm with security edges 6 gms Ferritic Stainless Steel (FSS) Iron - 82% Chromium - 18% Designs : Obverse : This face of the coin shall bear the Lion Capital of Ashoka Pillar wit
Mar 12, 2008
Respect Your Banknotes : RBI appeals to Public
The Reserve Bank of India today appealed to members of public not to use banknotes for making garlands, decorating pandals and places of worship or for showering on personalities in social events, etc. Such actions deface the banknotes and shorten their life, the Reserve Bank stated and added that banknotes should be respected as they are a symbol of the Sovereign and public should not misuse them so that the life of banknotes is enhanced. The Reserve Bank has stated
The Reserve Bank of India today appealed to members of public not to use banknotes for making garlands, decorating pandals and places of worship or for showering on personalities in social events, etc. Such actions deface the banknotes and shorten their life, the Reserve Bank stated and added that banknotes should be respected as they are a symbol of the Sovereign and public should not misuse them so that the life of banknotes is enhanced. The Reserve Bank has stated
Dec 11, 2007
RBI to issue Rs.10 denomination banknotes with inset letter "S"
The Reserve Bank of India will shortly issue Rs. 10/- denomination banknotes with inset letter "S" in both numbering panels in Mahatma Gandhi Series bearing the signature of Dr. Y.V. Reddy, Governor. Except for the change in the inset letter, the design of these notes to be issued now is similar in all respects to the banknotes in Mahatma Gandhi Series with additional / new security features issued on April 27, 2006. All banknotes in the denomination of Rs.10/- issued
The Reserve Bank of India will shortly issue Rs. 10/- denomination banknotes with inset letter "S" in both numbering panels in Mahatma Gandhi Series bearing the signature of Dr. Y.V. Reddy, Governor. Except for the change in the inset letter, the design of these notes to be issued now is similar in all respects to the banknotes in Mahatma Gandhi Series with additional / new security features issued on April 27, 2006. All banknotes in the denomination of Rs.10/- issued
Nov 16, 2007
New Ferritic Stainless Steel Coins of Re.1 denomination with the theme "NRITYA MUDRA"
The Reserve Bank of India will shortly put into circulation new Ferritic Stainless Steel Coins of Re.1 with the theme 'NRITYA MUDRA'.The coins shall conform to the following dimension, design and composition, namely : Denomination of the coin Shape and Outside diameter Metal Composition One Rupee Cicular : 25 millimetres (Mono-metallic) Ferritic Stainless Steel Chromium - 17% Iron - 83% Designs: Obverse : This face of the coin is divided into three portions with two h
The Reserve Bank of India will shortly put into circulation new Ferritic Stainless Steel Coins of Re.1 with the theme 'NRITYA MUDRA'.The coins shall conform to the following dimension, design and composition, namely : Denomination of the coin Shape and Outside diameter Metal Composition One Rupee Cicular : 25 millimetres (Mono-metallic) Ferritic Stainless Steel Chromium - 17% Iron - 83% Designs: Obverse : This face of the coin is divided into three portions with two h
Nov 12, 2007
New Coins of Rs.5/- in Cupro-Nickel (CN) to commemorate the occasion of "150 years - The First War of Independence"
The Reserve Bank of India will put into circulation New Cupro-Nickel (CN) coins of Rs.5/- issued by the Government of India to commemorate the occasion of “150 Years – The First War of Independence“. Denomination of the coin Shape and outside diameter Weight Metal Composition Five Rupees Circular 23 mm with security edge 9 gms Cupro-Nickel Alloy Copper – 75% Nickel - 25% Design : Obverse : This face of coin shall bear the Lion Capital of Ashoka Pillar with the legend
The Reserve Bank of India will put into circulation New Cupro-Nickel (CN) coins of Rs.5/- issued by the Government of India to commemorate the occasion of “150 Years – The First War of Independence“. Denomination of the coin Shape and outside diameter Weight Metal Composition Five Rupees Circular 23 mm with security edge 9 gms Cupro-Nickel Alloy Copper – 75% Nickel - 25% Design : Obverse : This face of coin shall bear the Lion Capital of Ashoka Pillar with the legend
Nov 05, 2007
RBI to issue Rs.10 denomination banknotes with inset letter "A"
The Reserve Bank of India will shortly issue Rs.10 denomination banknotes with inset letter "A" in both numbering panels in Mahatma Gandhi Series with additional/new security features bearing the signature of Dr. Y.V. Reddy, Governor. Except for the change in the inset letter, the design of these notes to be issued now is similar in all respects to the banknotes issued earlier in Mahatma Gandhi Series with additional/new security features issued on April 27, 200
The Reserve Bank of India will shortly issue Rs.10 denomination banknotes with inset letter "A" in both numbering panels in Mahatma Gandhi Series with additional/new security features bearing the signature of Dr. Y.V. Reddy, Governor. Except for the change in the inset letter, the design of these notes to be issued now is similar in all respects to the banknotes issued earlier in Mahatma Gandhi Series with additional/new security features issued on April 27, 200
Oct 31, 2007
New Cupro-Nickel Coin of Rs.5 - to Commemorate the Occasion of 150 Birth Anniversary of Lokmanya Bal Gangadhar Tilak
The Reserve Bank of India has put into circulation New Cupro-Nickel coins of Rs.5 issued by Government fo India to commemorate the occasion of “150th Birth Anniversary of Lokmanya Bal Gangadhar Tilak“. The coins conform to the following dimension, design, and composition namely : Denomination of the coin Shape and Outside diameter Metal Composition Five Rupees Circular 23 mm diameter with Security edge. Weight – 9 gms. Cupro-Nickel Alloy Copper - 75% Nickel - 25% Desi
The Reserve Bank of India has put into circulation New Cupro-Nickel coins of Rs.5 issued by Government fo India to commemorate the occasion of “150th Birth Anniversary of Lokmanya Bal Gangadhar Tilak“. The coins conform to the following dimension, design, and composition namely : Denomination of the coin Shape and Outside diameter Metal Composition Five Rupees Circular 23 mm diameter with Security edge. Weight – 9 gms. Cupro-Nickel Alloy Copper - 75% Nickel - 25% Desi
Oct 25, 2007
New Ferritic Stainless Steel Coins of Re.1 denomination with the theme "UNITY IN DIVERSITY"
The Reserve Bank of India has put into circulation new Ferritic Stainless Steel Coins of Re.1 with the theme 'UNITY IN DIVERSITY' The coins conform to the following dimension, design and composition, namely : Denomination of the coin Shape and outside diameter Metal composition One Rupee Cicular : 25 millimetres (Mono-metallic) Ferritic Stainless Steel Chromium - 17% Iron - 83% Design :Obverse : This face of the coin is divided into three portions. The centre portion
The Reserve Bank of India has put into circulation new Ferritic Stainless Steel Coins of Re.1 with the theme 'UNITY IN DIVERSITY' The coins conform to the following dimension, design and composition, namely : Denomination of the coin Shape and outside diameter Metal composition One Rupee Cicular : 25 millimetres (Mono-metallic) Ferritic Stainless Steel Chromium - 17% Iron - 83% Design :Obverse : This face of the coin is divided into three portions. The centre portion
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