Press Releases - Currency Management - ਆਰਬੀਆਈ - Reserve Bank of India
ਪ੍ਰੈਸ ਰਿਲੀਜ਼
ਸਤੰ 03, 2002
RBI tells Banks to distribute Coins/Exchange Soiled Notes to Public on Sunday
As one more initiative in implementing ‘Clean Note Policy’, the Reserve Bank of India has advised banks to consider keeping a few of their currency chests branches open on one Sunday in a month to provide exclusively few counters for currency note exchange facilities and distribute coins to the members of public. In a letter written last week to the banks, the Reserve Bank of India Deputy Governor, Shri Vepa Kamesam, has stated that the facilities of exchange should b
As one more initiative in implementing ‘Clean Note Policy’, the Reserve Bank of India has advised banks to consider keeping a few of their currency chests branches open on one Sunday in a month to provide exclusively few counters for currency note exchange facilities and distribute coins to the members of public. In a letter written last week to the banks, the Reserve Bank of India Deputy Governor, Shri Vepa Kamesam, has stated that the facilities of exchange should b
ਪੀਡੀਐਫ (
ਅਗ 29, 2002
RBI to engage Agencies for Distribution of Coins
The Reserve Bank of India has invited applications from agencies for undertaking distribution of coins on an experimental basis. The Reserve Bank, has stated that it will pay service charges to the agencies that undertake distribution of coins. The Reserve Bank will pay a service charge of Rs. 250 per coin bag collected from its counters. The agencies would, however, have to distribute coins to the public at face value without any charge/commission. Coins will be avai
The Reserve Bank of India has invited applications from agencies for undertaking distribution of coins on an experimental basis. The Reserve Bank, has stated that it will pay service charges to the agencies that undertake distribution of coins. The Reserve Bank will pay a service charge of Rs. 250 per coin bag collected from its counters. The agencies would, however, have to distribute coins to the public at face value without any charge/commission. Coins will be avai
ਜੂਨ 05, 2002
Distribution of Coins through Post Offices
With a view to enlarging the facility particularly in the rural and semi-urban area, the Reserve Bank of India has arranged with the postal authorities in Mumbai for distribution of coins through the post offices in Maharashtra and Goa. The scheme was launched in Mumbai on June 4, 2002. Initially, coins will be available from the Mumbai GPO and head post offices at Kalbadevi, Mandvi, Girgaon, Dadar, Chinchbunder, Mumbai Central, Mahim, Andheri, Chembur and Borivali an
With a view to enlarging the facility particularly in the rural and semi-urban area, the Reserve Bank of India has arranged with the postal authorities in Mumbai for distribution of coins through the post offices in Maharashtra and Goa. The scheme was launched in Mumbai on June 4, 2002. Initially, coins will be available from the Mumbai GPO and head post offices at Kalbadevi, Mandvi, Girgaon, Dadar, Chinchbunder, Mumbai Central, Mahim, Andheri, Chembur and Borivali an
ਮਾਰਚ 21, 2002
Issue of Rs.5 notes in Mahatma Gandhi Series with capital letter "L" inset in numbering panel
The Reserve Bank of India will shortly be issuing Rs.5 notes in Mahatma Gandhi Series with capital letter "L" inset in numbering panel bearing the signature of Dr. Bimal Jalan, Governor. Except for the change in inset letter, the design of the Rs.5 notes to be issued now is similar in all respects to those issued earlier in the Mahatma Gandhi Series. All Rs.5 denomination notes issued by the Bank in the past will continue to be legal tender.P.V. Sadanandan ManagerPres
The Reserve Bank of India will shortly be issuing Rs.5 notes in Mahatma Gandhi Series with capital letter "L" inset in numbering panel bearing the signature of Dr. Bimal Jalan, Governor. Except for the change in inset letter, the design of the Rs.5 notes to be issued now is similar in all respects to those issued earlier in the Mahatma Gandhi Series. All Rs.5 denomination notes issued by the Bank in the past will continue to be legal tender.P.V. Sadanandan ManagerPres
ਜਨ 03, 2002
Rs.500/- denomination notes: Some Facts
The Reserve Bank of India has advised that currently three designs of Rs.500/- notes are in circulation. Rs.500/- notes in predominantly green colour was first issued in 1987. This series of notes has portrait of Mahatma Gandhi and the legend 'M.K. Gandhi' printed below the portrait. This note also has Ashoka pillar in the watermark area. Thereafter, the Reserve Bank issued Rs.500/- notes in Mahatma Gandhi series in 1997. This features the portrait of Mahatma Gandhi o
The Reserve Bank of India has advised that currently three designs of Rs.500/- notes are in circulation. Rs.500/- notes in predominantly green colour was first issued in 1987. This series of notes has portrait of Mahatma Gandhi and the legend 'M.K. Gandhi' printed below the portrait. This note also has Ashoka pillar in the watermark area. Thereafter, the Reserve Bank issued Rs.500/- notes in Mahatma Gandhi series in 1997. This features the portrait of Mahatma Gandhi o
ਦਸੰ 21, 2001
Issue of Rs.1000 notes in Mahatma Gandhi Series with capital letter "A" inset in numbering panels
The Reserve Bank of India will shortly be issuing Rs.1000 notes in Mahatma Gandhi Series with capital letter "A" inset in numbering panels bearing the signature of Dr. Bimal Jalan, Governor. Except for the change in inset letter, the design of the Rs.1000 notes to be issued now is similar in all respects to those issued earlier in the Mahatma Gandhi Series. All Rs.1000 denomination notes in Mahatma Gandhi Series issued by the Bank in the past will continue to be legal
The Reserve Bank of India will shortly be issuing Rs.1000 notes in Mahatma Gandhi Series with capital letter "A" inset in numbering panels bearing the signature of Dr. Bimal Jalan, Governor. Except for the change in inset letter, the design of the Rs.1000 notes to be issued now is similar in all respects to those issued earlier in the Mahatma Gandhi Series. All Rs.1000 denomination notes in Mahatma Gandhi Series issued by the Bank in the past will continue to be legal
ਦਸੰ 12, 2001
Distribution of Coins : RBI reaches out to Public
The Reserve Bank of India will on December 13, 2001 make available coins up to Rs 800 to members of public at Union Bank of India, Andheri (E) Branch, Mayani Manor, Opp. Vishal Hall, Sir M. V. Road, Andheri (East), Mumbai 400 069. The coins worth Rs 800 will be available in `Potlas' of 100 pieces each of Re 1, Rs.2 and 5. The facility at this branch will be available to members of public from 11.30 a.m. onwards.The Reserve Bank has extended this special facility as a
The Reserve Bank of India will on December 13, 2001 make available coins up to Rs 800 to members of public at Union Bank of India, Andheri (E) Branch, Mayani Manor, Opp. Vishal Hall, Sir M. V. Road, Andheri (East), Mumbai 400 069. The coins worth Rs 800 will be available in `Potlas' of 100 pieces each of Re 1, Rs.2 and 5. The facility at this branch will be available to members of public from 11.30 a.m. onwards.The Reserve Bank has extended this special facility as a
ਦਸੰ 05, 2001
Issue of Rs.5 notes in Mahatma Gandhi Series with capital letter "R" inset in numbering panels
The Reserve Bank of India will shortly be issuing Rs.5 notes in Mahatma Gandhi Series with capital letter "R" inset in numbering panel bearing the signature of Dr. Bimal Jalan, Governor. Except for the change in inset letter, the design of the Rs.5 notes to be issued now is similar in all respects to those issued earlier in the Mahatma Gandhi Series. All Rs.5 denomination notes issued by the Bank in the past will continue to be legal tender.P.V. Sadanandan Asst. Manag
The Reserve Bank of India will shortly be issuing Rs.5 notes in Mahatma Gandhi Series with capital letter "R" inset in numbering panel bearing the signature of Dr. Bimal Jalan, Governor. Except for the change in inset letter, the design of the Rs.5 notes to be issued now is similar in all respects to those issued earlier in the Mahatma Gandhi Series. All Rs.5 denomination notes issued by the Bank in the past will continue to be legal tender.P.V. Sadanandan Asst. Manag
ਨਵੰ 26, 2001
Currency notes and coins of Rs.2 and Rs.5 Denominations are Legal Tender
At certain locations in a few cities/towns, bill boards have appeared indicating that the notes and coins of Rs.2 and Rs.5 denominations have ceased to be legal tender. The report is baseless and misleading. The Reserve Bank of India clarifies that the notes and coins of Rs.2 and Rs.5 continue to be legal tender. The members of public can freely accept and transact their business in these notes and coins and need not to be misled by any such propaganda.N.L. Rao Asst.
At certain locations in a few cities/towns, bill boards have appeared indicating that the notes and coins of Rs.2 and Rs.5 denominations have ceased to be legal tender. The report is baseless and misleading. The Reserve Bank of India clarifies that the notes and coins of Rs.2 and Rs.5 continue to be legal tender. The members of public can freely accept and transact their business in these notes and coins and need not to be misled by any such propaganda.N.L. Rao Asst.
ਨਵੰ 22, 2001
Issue of Rs.500 notes (revised colour scheme) in Mahatma Gandhi Series with capital letter `C' inset in numbering panels
The Reserve Bank of India will shortly be issuing Rs.500 notes (revised colour scheme) in Mahatma Gandhi Series with capital letter "C" inset in both numbering panels bearing the signature of Dr. Bimal Jalan, Governor. Except for the change in inset letter, the design of Rs.500 notes to be issued now is similar in all respects to those issued earlier in the revised colour scheme in Mahatma Gandhi Series. All Rs.500 denomination notes issued by the Bank in the past wil
The Reserve Bank of India will shortly be issuing Rs.500 notes (revised colour scheme) in Mahatma Gandhi Series with capital letter "C" inset in both numbering panels bearing the signature of Dr. Bimal Jalan, Governor. Except for the change in inset letter, the design of Rs.500 notes to be issued now is similar in all respects to those issued earlier in the revised colour scheme in Mahatma Gandhi Series. All Rs.500 denomination notes issued by the Bank in the past wil
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