Press Releases - Currency Management - ਆਰਬੀਆਈ - Reserve Bank of India
ਪ੍ਰੈਸ ਰਿਲੀਜ਼
ਅਪ੍ਰੈ 28, 2000
Public can exchange soiled notes with any branch of any public sector bank
The Reserve Bank of India has advised that members of public can exchange soiled and mutilated notes with any branch of any public sector banks. The Reserve Bank of India has stated that it has authorised all the branches of public sector banks, as also certain private sector banks maintaining currency chests to accept and exchange all types of soiled/mutilated notes which are payable under the Reserve Bank of India (Note Refund) Rules. The bank branches will pay the
The Reserve Bank of India has advised that members of public can exchange soiled and mutilated notes with any branch of any public sector banks. The Reserve Bank of India has stated that it has authorised all the branches of public sector banks, as also certain private sector banks maintaining currency chests to accept and exchange all types of soiled/mutilated notes which are payable under the Reserve Bank of India (Note Refund) Rules. The bank branches will pay the
ਪੀਡੀਐਫ (
ਮਾਰਚ 08, 2000
Issue of Rs.50 notes in Ashoka Pillar design (old design) with capital letter 'B' inset in numbering panels
The Reserve Bank of India will shortly be issuing Rs.50 notes in Ashoka Pillar Design (old design) bearing the signature of Dr.Bimal Jalan, Governor with capital letter 'B' inset in both numbering panels. Except for this change, the Rs.50 notes to be issued now are similar to those issued earlier in this design. All Rs.50 denominations notes, in various designs, issued by the Bank in the past will continue to be legal tender.Ajit Prasad ManagerPress Release : 1999-200
The Reserve Bank of India will shortly be issuing Rs.50 notes in Ashoka Pillar Design (old design) bearing the signature of Dr.Bimal Jalan, Governor with capital letter 'B' inset in both numbering panels. Except for this change, the Rs.50 notes to be issued now are similar to those issued earlier in this design. All Rs.50 denominations notes, in various designs, issued by the Bank in the past will continue to be legal tender.Ajit Prasad ManagerPress Release : 1999-200
ਫ਼ਰ 25, 2000
Acceptance of Rs.500 denomination notes.
It has come to the notice of the Reserve Bank that certain newspapers have published news items with lists of series of Rs.500/- denomination notes purported to have been issued by the Reserve Bank of India with the instruction that notes in these series should not be accepted. The Reserve Bank would like to clarify, for public benefit, that it has not issued any list of any series of notes as has appeared in a section of the Press. RBI reiterates that all Rs.500/- no
It has come to the notice of the Reserve Bank that certain newspapers have published news items with lists of series of Rs.500/- denomination notes purported to have been issued by the Reserve Bank of India with the instruction that notes in these series should not be accepted. The Reserve Bank would like to clarify, for public benefit, that it has not issued any list of any series of notes as has appeared in a section of the Press. RBI reiterates that all Rs.500/- no
ਜਨ 28, 2000
Exchange of soiled notes and notes of Re.1, Rs.2 and Rs.5 denomination
The Reserve Bank of India has authorised all the branches of public sector banks as also certain private sector banks' maintaining currency chests to accept and exchange all types of soiled/mutilated notes, in particular notes in denominations of Re.1, Rs.2 and Rs.5, which are payable under the Reserve Bank of India (Note Refund) Rules. The exchange value of the notes payable under the Rules will be paid by the bank branches on the same day. Notes which are not payabl
The Reserve Bank of India has authorised all the branches of public sector banks as also certain private sector banks' maintaining currency chests to accept and exchange all types of soiled/mutilated notes, in particular notes in denominations of Re.1, Rs.2 and Rs.5, which are payable under the Reserve Bank of India (Note Refund) Rules. The exchange value of the notes payable under the Rules will be paid by the bank branches on the same day. Notes which are not payabl
ਜਨ 22, 2000
Issue of Rs.500 notes in Mahatma Gandhi Series with capital letter "C" inset in numbering panels
The Reserve Bank of India will shortly be issuing Rs.500 notes in Mahatma Gandhi Series bearing the signature of Dr. Bimal Jalan, Governor with capital letter "C" inset in both numbering panels. Except for this change, the design of the Rs.500 notes to be issued now is similar to those issued earlier in the 'Mahatma Gandhi' Series. All Rs.500 denomination notes, issued by the Bank in the past will continue to be legal.Rupambara Padhi ManagerPress Release : 1999-2000/9
The Reserve Bank of India will shortly be issuing Rs.500 notes in Mahatma Gandhi Series bearing the signature of Dr. Bimal Jalan, Governor with capital letter "C" inset in both numbering panels. Except for this change, the design of the Rs.500 notes to be issued now is similar to those issued earlier in the 'Mahatma Gandhi' Series. All Rs.500 denomination notes, issued by the Bank in the past will continue to be legal.Rupambara Padhi ManagerPress Release : 1999-2000/9
ਸਤੰ 07, 1999
Distribution of coins in exchange towards Ganesh Festival
The Reserve Bank of India, Mumbai Office has made special arrangements to make available coins upto Rs.300 packed in 'Potlas' of 100 pieces each of Re.1, 0.50 paise and 0.25 paise in exchange. Members of the public travelling to native place for Ganesh Festival may avail this facility (i) at State Transport Bus Depot, Modern Mills Compound, Parel (West) and (ii) at Nehru Nagar State Transport Bus Depot, Kurla (East) during the three days from September 8, 1999 to Sept
The Reserve Bank of India, Mumbai Office has made special arrangements to make available coins upto Rs.300 packed in 'Potlas' of 100 pieces each of Re.1, 0.50 paise and 0.25 paise in exchange. Members of the public travelling to native place for Ganesh Festival may avail this facility (i) at State Transport Bus Depot, Modern Mills Compound, Parel (West) and (ii) at Nehru Nagar State Transport Bus Depot, Kurla (East) during the three days from September 8, 1999 to Sept
ਜੁਲਾ 17, 1999
Reserve Bank advice on Rs.500 Notes
The Reserve Bank has advised in public interest that all Rs.500 notes issued by the Reserve Bank are legal tenders and banks and members of public should continue to accept these notes in their daily transactions or in exchange. The Reserve Bank has also stated that these notes being legal tender are acceptable at the counters of bank branches and also of the Reserve Bank.It has come to the notice of the Reserve Bank of India that currency notes in the denomination of
The Reserve Bank has advised in public interest that all Rs.500 notes issued by the Reserve Bank are legal tenders and banks and members of public should continue to accept these notes in their daily transactions or in exchange. The Reserve Bank has also stated that these notes being legal tender are acceptable at the counters of bank branches and also of the Reserve Bank.It has come to the notice of the Reserve Bank of India that currency notes in the denomination of
ਜੁਲਾ 13, 1999
Exchange of Soiled Notes : RBI adds two More Centres
In an effort to reach out the public, the Reserve Bank of India will now also extend the facility of making available coins of Re.1, Rs. 2, and Rs. 5 and exchanging soiled notes in Ghatkopar (W) and Bhandup (W). Members of the public in these areas may avail this facility at State Bank of India, Ashok Silk Mills Compound, Opp. Damodhar Park, L.B.S. Marg, Ghatkopar (West), Mumbai on Thursday, July 15, 1999 and Bank of Baroda, Station Road, Bhandup (West), Mumbai-400 07
In an effort to reach out the public, the Reserve Bank of India will now also extend the facility of making available coins of Re.1, Rs. 2, and Rs. 5 and exchanging soiled notes in Ghatkopar (W) and Bhandup (W). Members of the public in these areas may avail this facility at State Bank of India, Ashok Silk Mills Compound, Opp. Damodhar Park, L.B.S. Marg, Ghatkopar (West), Mumbai on Thursday, July 15, 1999 and Bank of Baroda, Station Road, Bhandup (West), Mumbai-400 07
ਜੁਲਾ 01, 1999
Exchange of Soiled Notes : RBI adds One More Centre
In an effort to reach out the public, the Reserve Bank of India will now also extend the facility of making available coins of Re.1, Rs. 2, and Rs. 5 and exchanging soiled notes in Vile Parle (E). Members of the public in Vile Parle (E) area may avail this facility at Chatrapati Shivaji Maharaj Smarak Samiti, Prabodhankar Thackeray Jal - Taran Talav, Shivaji Raje Marg, Kol Dongri, Vile Parle (East), Mumbai-400 057 on every Monday effective from July 5, 1999 between 10
In an effort to reach out the public, the Reserve Bank of India will now also extend the facility of making available coins of Re.1, Rs. 2, and Rs. 5 and exchanging soiled notes in Vile Parle (E). Members of the public in Vile Parle (E) area may avail this facility at Chatrapati Shivaji Maharaj Smarak Samiti, Prabodhankar Thackeray Jal - Taran Talav, Shivaji Raje Marg, Kol Dongri, Vile Parle (East), Mumbai-400 057 on every Monday effective from July 5, 1999 between 10
ਜੂਨ 12, 1999
Exchange of soiled notes - Re.1, Rs.2 and Rs.5 (denomination)and distribution of coins in exchange, RBI reaches out to public
In May 1999, the Reserve Bank of India, Fort, Mumbai, embarked on a scheme of direct distribution of coins to the public in select locations of Greater Mumbai by involving voluntary service organisations/commercial banks. The network of areas covered is being expanded so that the facility can be extended to different locations. Considering the good response from the public to these efforts, it has been decided to repeat such mobile distribution of coins every week at
In May 1999, the Reserve Bank of India, Fort, Mumbai, embarked on a scheme of direct distribution of coins to the public in select locations of Greater Mumbai by involving voluntary service organisations/commercial banks. The network of areas covered is being expanded so that the facility can be extended to different locations. Considering the good response from the public to these efforts, it has been decided to repeat such mobile distribution of coins every week at
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