Press Releases - Currency Management - RBI - Reserve Bank of India
Press Releases
Apr 04, 2006
RBI to issue Rs.500 denomination banknotes with inset letter `L'
The Reserve Bank of India will shortly issue Rs.500 denomination banknotes with inset letter `L' in both numbering panels in Mahatma Gandhi Series-2005 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 October 21, 2
The Reserve Bank of India will shortly issue Rs.500 denomination banknotes with inset letter `L' in both numbering panels in Mahatma Gandhi Series-2005 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 October 21, 2
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Mar 21, 2006
RBI to issue Rs.500 denomination banknotes with inset letter `E'
The Reserve Bank of India will shortly issue Rs.500 denomination banknotes with inset letter `E' in both numbering panels in Mahatma Gandhi Series-2005 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 October 21, 2
The Reserve Bank of India will shortly issue Rs.500 denomination banknotes with inset letter `E' in both numbering panels in Mahatma Gandhi Series-2005 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 October 21, 2
Mar 09, 2006
RBI to issue Rs.20 denomination banknotes with inset letter `E'
The Reserve Bank of India will shortly issue Rs.20 denomination banknotes with inset letter `E' 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 issued earlier in Mahatma Gandhi Series. All banknotes in the denomination of Rs.20 issued by the Bank in the past will continue to be legal tend
The Reserve Bank of India will shortly issue Rs.20 denomination banknotes with inset letter `E' 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 issued earlier in Mahatma Gandhi Series. All banknotes in the denomination of Rs.20 issued by the Bank in the past will continue to be legal tend
Mar 07, 2006
Restrictive Practices while accepting Banknotes
The Reserve Bank of India has been receiving complaints from the public regarding adoption of restrictive practices such as, forcing the customers to note down their names on the banknotes, listing the note numbers on the bills submitted for payment insisting on undertaking while depositing higher denomination banknotes, etc., by certain public and private sector organisations/institutions, thus causing avoidable harassment to the public. The Reserve Bank, therefore,
The Reserve Bank of India has been receiving complaints from the public regarding adoption of restrictive practices such as, forcing the customers to note down their names on the banknotes, listing the note numbers on the bills submitted for payment insisting on undertaking while depositing higher denomination banknotes, etc., by certain public and private sector organisations/institutions, thus causing avoidable harassment to the public. The Reserve Bank, therefore,
Feb 14, 2006
RBI to issue Rs.50 denomination banknotes with inset letter `E'
The Reserve Bank of India will shortly issue Rs.50 denomination banknotes with inset letter `E' in both numbering panels in Mahatma Gandhi Series – 2005 bearing the signature of Dr. Y.V.Reddy, Governor. Except for the change in 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 August 24, 2005. All banknotes in the denomination of Rs.50 issued by
The Reserve Bank of India will shortly issue Rs.50 denomination banknotes with inset letter `E' in both numbering panels in Mahatma Gandhi Series – 2005 bearing the signature of Dr. Y.V.Reddy, Governor. Except for the change in 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 August 24, 2005. All banknotes in the denomination of Rs.50 issued by
Jan 05, 2006
RBI to issue Rs.50 denomination banknotes with inset letter "R"
The Reserve Bank of India will shortly issue Rs.50 denomination banknotes in Mahatma Gandhi Series – 2005 with inset letter 'R' in both numbering panels 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 August 24, 2005. All banknotes in the denomination of Rs.50 issued
The Reserve Bank of India will shortly issue Rs.50 denomination banknotes in Mahatma Gandhi Series – 2005 with inset letter 'R' in both numbering panels 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 August 24, 2005. All banknotes in the denomination of Rs.50 issued
Dec 21, 2005
Non-acceptance of Small Coins is an offence: clarifies RBI
The Reserve Bank of India has come across reports that banks are reluctant to accept 50 paise and 25 paise coins. A recent study conducted by the Reserve Bank through the Birla Institute of Technology (BITS), Pilani also suggests that similar reluctance is exhibited by shopkeepers and traders. The Reserve Bank of India states categorically that all small denomination coins including those of 50 paise and 25 paise coins are legal tender and non-acceptance of any such c
The Reserve Bank of India has come across reports that banks are reluctant to accept 50 paise and 25 paise coins. A recent study conducted by the Reserve Bank through the Birla Institute of Technology (BITS), Pilani also suggests that similar reluctance is exhibited by shopkeepers and traders. The Reserve Bank of India states categorically that all small denomination coins including those of 50 paise and 25 paise coins are legal tender and non-acceptance of any such c
Dec 15, 2005
RBI to issue Rs.500 denomination banknotes with inset letter `R'
The Reserve Bank of India will shortly issue Rs.500 denomination banknotes with inset letter `R' in both numbering panel in Mahatma Gandhi Series – 2005 bearing the signature of Dr. Y.V..Reddy, Governor. Except for the change in 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 in October 21, 2005. All banknotes in the denomination of Rs.500 issued
The Reserve Bank of India will shortly issue Rs.500 denomination banknotes with inset letter `R' in both numbering panel in Mahatma Gandhi Series – 2005 bearing the signature of Dr. Y.V..Reddy, Governor. Except for the change in 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 in October 21, 2005. All banknotes in the denomination of Rs.500 issued
Dec 06, 2005
RBI to issue Rs.50 and Rs.100 denomination banknotes with inset letter `L'
The Reserve Bank of India will shortly issue Rs.50 and Rs.100 denomination banknotes with inset letter `L' in both numbering panels in Mahatma Gandhi Series – 2005 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 in August 2005. All banknotes in the denomination of Rs.5
The Reserve Bank of India will shortly issue Rs.50 and Rs.100 denomination banknotes with inset letter `L' in both numbering panels in Mahatma Gandhi Series – 2005 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 in August 2005. All banknotes in the denomination of Rs.5
Nov 08, 2005
No shortage of coins including Rs.5: RBI clarifies
The Reserve Bank of India has come across news reports stating that there is a shortage of Rs.5 coins due to which Rs.5 banknotes are being re-introduced. It is clarified, for the benefit of public that there is no shortage of coins of any denomination including Rs.5 coin with the offices of the Reserve Bank of India and also other banks. The members of public desirous of obtaining coins in any denominations, may do so in exchange, from the Reserve Bank of India as al
The Reserve Bank of India has come across news reports stating that there is a shortage of Rs.5 coins due to which Rs.5 banknotes are being re-introduced. It is clarified, for the benefit of public that there is no shortage of coins of any denomination including Rs.5 coin with the offices of the Reserve Bank of India and also other banks. The members of public desirous of obtaining coins in any denominations, may do so in exchange, from the Reserve Bank of India as al
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