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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
ਨਵੰ 10, 2001
RBI to issue new Rs.5 notes in Mahatma Gandhi Series
The Reserve Bank of India will shortly issue bank notes in the denomination of Rs.5/- in the Mahatma Gandhi series bearing the Mahatma Gandhi portrait in the watermark. SALIENT FEATURES : The size of this Rs.5/- note has been retained at 117 mm (Length) x 63 mm (Width). The Ashoka Pillar watermark has been substituted with a portrait of Mahatma Gandhi with light and shade effect. The watermark window will have multi-directional lines. A security thread has been totall
The Reserve Bank of India will shortly issue bank notes in the denomination of Rs.5/- in the Mahatma Gandhi series bearing the Mahatma Gandhi portrait in the watermark. SALIENT FEATURES : The size of this Rs.5/- note has been retained at 117 mm (Length) x 63 mm (Width). The Ashoka Pillar watermark has been substituted with a portrait of Mahatma Gandhi with light and shade effect. The watermark window will have multi-directional lines. A security thread has been totall
ਅਕਤੂ 29, 2001
Rs.20 Notes With Inset Letter
The Reserve Bank of India will shortly be issuing Rs.20 notes in Mahatma Gandhi Series with capital letter "R" inset in both numbering panels bearing the signature of Dr. Bimal Jalan, Governor. Except for this change, the design of the Rs.20 denomination notes (in the 'Mahatma Gandhi' Series) to be issued now is similar in all respects to those issued earlier in the Mahatma Gandhi Series. All Rs.20 denomination notes issued by the Reserve Bank in the past will continu
The Reserve Bank of India will shortly be issuing Rs.20 notes in Mahatma Gandhi Series with capital letter "R" inset in both numbering panels bearing the signature of Dr. Bimal Jalan, Governor. Except for this change, the design of the Rs.20 denomination notes (in the 'Mahatma Gandhi' Series) to be issued now is similar in all respects to those issued earlier in the Mahatma Gandhi Series. All Rs.20 denomination notes issued by the Reserve Bank in the past will continu
ਅਕਤੂ 15, 2001
Distribution of Coins : RBI reaches out to Public
The Reserve Bank of India will on October 17, 2001 make available coins up to Rs.800 to members of public at the premises of Goregaon Merchants Association Office, 57 Rolex Shopping Centre (A wing), Keshav Gore Marg, (Station Road), Goregaon (West), Mumbai-400 064. The coins worth Rs.800 will be available in `Potlas' of 100 pieces each of Re.1, Rs.2, and Rs.5. This facility will be available to members of public between 11.30 a.m. to 2.30 p.m. Earlier, the Reserve Ban
The Reserve Bank of India will on October 17, 2001 make available coins up to Rs.800 to members of public at the premises of Goregaon Merchants Association Office, 57 Rolex Shopping Centre (A wing), Keshav Gore Marg, (Station Road), Goregaon (West), Mumbai-400 064. The coins worth Rs.800 will be available in `Potlas' of 100 pieces each of Re.1, Rs.2, and Rs.5. This facility will be available to members of public between 11.30 a.m. to 2.30 p.m. Earlier, the Reserve Ban
ਅਕਤੂ 03, 2001
Distribution of Coins : RBI reaches out to Public
The Reserve Bank of India will on October 5, 2001 make available coins up to Rs.800 to members of public at Bank of India, 281, Jagganath Shankarshet Road, Girgaum, Mumbai 400 004. The coins worth Rs.800 will be available in `Potlas' of 100 pieces each of Re.1, Rs.2, and Rs.5. The facility at this branch will be available to members of public between 11.30 a.m. to 2.30 p.m. On September 14 and September 18, 2001, the Reserve Bank distributed coins at Ghatkopar and Moh
The Reserve Bank of India will on October 5, 2001 make available coins up to Rs.800 to members of public at Bank of India, 281, Jagganath Shankarshet Road, Girgaum, Mumbai 400 004. The coins worth Rs.800 will be available in `Potlas' of 100 pieces each of Re.1, Rs.2, and Rs.5. The facility at this branch will be available to members of public between 11.30 a.m. to 2.30 p.m. On September 14 and September 18, 2001, the Reserve Bank distributed coins at Ghatkopar and Moh
ਸਤੰ 21, 2001
Rs.20 Notes Without Inset Letter
The Reserve Bank of India will shortly be issuing Rs.20 notes in Mahatma Gandhi Series without inset letter in numbering panels bearing the signature of Dr. Bimal Jalan, Governor. Except for this change, the design of the Rs.20 denomination notes (in the 'Mahatma Gandhi' Series) to be issued now is similar in all respects to those issued earlier in the Mahatma Gandhi Series. All Rs.20 denomination notes issued by the Reserve Bank in the past will continue to be legal
The Reserve Bank of India will shortly be issuing Rs.20 notes in Mahatma Gandhi Series without inset letter in numbering panels bearing the signature of Dr. Bimal Jalan, Governor. Except for this change, the design of the Rs.20 denomination notes (in the 'Mahatma Gandhi' Series) to be issued now is similar in all respects to those issued earlier in the Mahatma Gandhi Series. All Rs.20 denomination notes issued by the Reserve Bank in the past will continue to be legal
ਸਤੰ 18, 2001
Distribution of Coins : RBI reaches out to Public
The Reserve Bank of India will on September 20, 2001 make available coins up to Rs 800 to members of public at Union Bank of India, Karim Building, 56 Mohammed Ali Road, Mumbai-400 003. 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 between 11.30a.m. to 2.30p.m. The Reserve Bank has extended this special facility as a part of its overall efforts to mitigate
The Reserve Bank of India will on September 20, 2001 make available coins up to Rs 800 to members of public at Union Bank of India, Karim Building, 56 Mohammed Ali Road, Mumbai-400 003. 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 between 11.30a.m. to 2.30p.m. The Reserve Bank has extended this special facility as a part of its overall efforts to mitigate
ਸਤੰ 12, 2001
Distribution of Coins : RBI reaches out to Public
The Reserve Bank of India will on September 14, 2001 make available coins up to Rs 800 to members of public at Union Bank of India, Individual Service branch, Kailash Jyoti Building, Dravasane Lane, Ghatkopar(East), Mumbai-400 077. 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 between 11.30a.m. to 2.30p.m. The Reserve Bank has extended this special facilit
The Reserve Bank of India will on September 14, 2001 make available coins up to Rs 800 to members of public at Union Bank of India, Individual Service branch, Kailash Jyoti Building, Dravasane Lane, Ghatkopar(East), Mumbai-400 077. 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 between 11.30a.m. to 2.30p.m. The Reserve Bank has extended this special facilit
ਅਗ 02, 2001
RBI to issue new Rs.20/- notes in Mahatma Gandhi Series
The Reserve Bank of India will shortly issue banknotes in the denomination of Rs.20 in the Mahatma Gandhi series bearing the Mahatma Gandhi portrait in the watermark. Salient Features : The size of this Rs.20/- note has been retained at 147mm (Length) x 63mm (Width). The Ashoka Pillar watermark has been substituted with a portrait of Mahatma Gandhi with light and shade effect. The watermark window will have multi-directional lines. A security thread has been totally e
The Reserve Bank of India will shortly issue banknotes in the denomination of Rs.20 in the Mahatma Gandhi series bearing the Mahatma Gandhi portrait in the watermark. Salient Features : The size of this Rs.20/- note has been retained at 147mm (Length) x 63mm (Width). The Ashoka Pillar watermark has been substituted with a portrait of Mahatma Gandhi with light and shade effect. The watermark window will have multi-directional lines. A security thread has been totally e
ਜੂਨ 06, 2001
Issue of Rs.10 notes in Mahatma Gandhi Series with capital letter "L" inset in numbering panels
The Reserve Bank of India will shortly be issuing Rs.10 notes in Mahatma Gandhi Series bearing the signature of Dr. Bimal Jalan, Governor with capital letter "L" inset in both numbering panels. Except for this change, the design of the Rs.10 notes to be issued now is similar in all respects to those issued earlier in the 'Mahatma Gandhi' Series. All Rs.10 denomination notes issued by the Bank in the past will continue to be legal tender.P.V. Sadanandan Asst. ManagerPr
The Reserve Bank of India will shortly be issuing Rs.10 notes in Mahatma Gandhi Series bearing the signature of Dr. Bimal Jalan, Governor with capital letter "L" inset in both numbering panels. Except for this change, the design of the Rs.10 notes to be issued now is similar in all respects to those issued earlier in the 'Mahatma Gandhi' Series. All Rs.10 denomination notes issued by the Bank in the past will continue to be legal tender.P.V. Sadanandan Asst. ManagerPr
ਮਈ 22, 2001
Reintroduction of Rs.5 note in the existing design without inset letter in the numbering panel
The Reserve Bank of India will be reintroducing the Rs. 5 notes in the existing design with the Ashoka Pillar watermark in the watermark window and the Ashoka Pillar emblem on the right side on the obverse. The reverse of the note depicts a farmer ploughing a field with a tractor. The colour scheme of the note, as in the existing design, is predominantly light green and mild pink. The five rupee note now being issued does not carry any inset letter in the numbering pa
The Reserve Bank of India will be reintroducing the Rs. 5 notes in the existing design with the Ashoka Pillar watermark in the watermark window and the Ashoka Pillar emblem on the right side on the obverse. The reverse of the note depicts a farmer ploughing a field with a tractor. The colour scheme of the note, as in the existing design, is predominantly light green and mild pink. The five rupee note now being issued does not carry any inset letter in the numbering pa
ਮਈ 10, 2001
Issue of Rs.50 notes in Mahatma Gandhi Series with capital letter "E" inset in numbering panels
The Reserve Bank of India will shortly be issuing Rs.50 notes in Mahatma Gandhi Series bearing the signature of Dr. Bimal Jalan, Governor with capital letter "E" inset in both numbering panels. Except for this change, the design of the Rs.50 notes to be issued now is similar to those issued earlier in the 'Mahatma Gandhi' Series. All Rs.50 denomination notes issued by the Bank in the past will continue to be legal tender.P.V. Sadanandan Asst. ManagerPress Release : 20
The Reserve Bank of India will shortly be issuing Rs.50 notes in Mahatma Gandhi Series bearing the signature of Dr. Bimal Jalan, Governor with capital letter "E" inset in both numbering panels. Except for this change, the design of the Rs.50 notes to be issued now is similar to those issued earlier in the 'Mahatma Gandhi' Series. All Rs.50 denomination notes issued by the Bank in the past will continue to be legal tender.P.V. Sadanandan Asst. ManagerPress Release : 20

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