Press Releases - RBI - Reserve Bank of India
Press Releases
Jun 05, 2013
RBI’s Fraud Monitoring Cell to function from Bengaluru from July 1
The Reserve Bank of India’s Fraud Monitoring Cell attached to Department of Banking Supervision, Central Office has shifted from the present location at 2nd Floor, World Trade Centre-1, Cuffe Parade, Mumbai - 400005 to Bengaluru Regional Office of the Reserve Bank. The Central Fraud monitoring Cell will continue to be part of Department of Banking Supervision, Central Office Mumbai and will start functioning from the new location at Bengaluru from July 01, 2013. All t
The Reserve Bank of India’s Fraud Monitoring Cell attached to Department of Banking Supervision, Central Office has shifted from the present location at 2nd Floor, World Trade Centre-1, Cuffe Parade, Mumbai - 400005 to Bengaluru Regional Office of the Reserve Bank. The Central Fraud monitoring Cell will continue to be part of Department of Banking Supervision, Central Office Mumbai and will start functioning from the new location at Bengaluru from July 01, 2013. All t
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May 31, 2013
Check before Depositing Money with Financial Entities: RBI Advisory
The Reserve Bank of India has today issued an advisory to members of public urging them to carefully evaluate their investment decisions, including making deposit with NBFCs. The advisory is part of the Frequently Asked Questions (FAQs) issued by the central bank. The FAQs explain in detail the various kinds of financial entities and the regulations governing them. They also list where members of public can lodge complaints in case some financial entity is found to be
The Reserve Bank of India has today issued an advisory to members of public urging them to carefully evaluate their investment decisions, including making deposit with NBFCs. The advisory is part of the Frequently Asked Questions (FAQs) issued by the central bank. The FAQs explain in detail the various kinds of financial entities and the regulations governing them. They also list where members of public can lodge complaints in case some financial entity is found to be
Apr 16, 2013
Issue of ` 5/- denomination banknotes in Mahatma Gandhi Series with additional / new security features, with "R" inset letter in the numbering panels, bearing the signature of Dr. D. Subbarao, Governor.
The Reserve Bank of India will shortly issue ` 5/- denomination banknotes with new / improved security features in Mahatma Gandhi Series with 'R' inset letter in the numbering panels, bearing the signature of Dr. D. Subbarao, Governor, Reserve Bank of India. Except for the signature of Dr. D. Subbarao, Governor, 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
The Reserve Bank of India will shortly issue ` 5/- denomination banknotes with new / improved security features in Mahatma Gandhi Series with 'R' inset letter in the numbering panels, bearing the signature of Dr. D. Subbarao, Governor, Reserve Bank of India. Except for the signature of Dr. D. Subbarao, Governor, 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
Mar 21, 2013
Issue of ` 10 Banknotes with incorporation of Rupee symbol (`) and inset letter 'M'
The Reserve Bank of India will shortly issue ` 10 denomination Banknotes incorporating " ` "symbol on the obverse and reverse, with inset letter 'M' in both the numbering panels, in the Mahatma Gandhi Series-2005 bearing the signature of Dr. D. Subbarao, Governor , Reserve Bank of India, and the year of printing '2013' printed on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the `10 Banknotes in Mahatma Gandhi Se
The Reserve Bank of India will shortly issue ` 10 denomination Banknotes incorporating " ` "symbol on the obverse and reverse, with inset letter 'M' in both the numbering panels, in the Mahatma Gandhi Series-2005 bearing the signature of Dr. D. Subbarao, Governor , Reserve Bank of India, and the year of printing '2013' printed on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the `10 Banknotes in Mahatma Gandhi Se
Mar 08, 2013
Issue of `5 coins to commemorate the occasion of "150 th Birth Anniversary of Madan Mohan Malaviya"
The Government of India has minted the above mentioned coins which the Reserve Bank of India will shortly put into circulation, conforming to the following dimension, design and compositions, namely- DENOMINATION SHAPE AND OUTSIDE DIAMETER NUMBER OF SERRATIONS METAL COMPOSITION Five Rupees Circular 23 millimeters 100 Nickel Brass Copper - 75% Zinc - 20% Nickel - 5% Design DENOMI-NATION OBVERSE REVERSE Five Rupees The face of the coin shall bear the Lion Capitol of Ash
The Government of India has minted the above mentioned coins which the Reserve Bank of India will shortly put into circulation, conforming to the following dimension, design and compositions, namely- DENOMINATION SHAPE AND OUTSIDE DIAMETER NUMBER OF SERRATIONS METAL COMPOSITION Five Rupees Circular 23 millimeters 100 Nickel Brass Copper - 75% Zinc - 20% Nickel - 5% Design DENOMI-NATION OBVERSE REVERSE Five Rupees The face of the coin shall bear the Lion Capitol of Ash
Feb 27, 2013
Issue of `20 Banknotes with incorporation of Rupee symbol (`) and inset letter 'E'
The Reserve Bank of India will shortly issue `20 denomination Banknotes incorporating ' ` ' symbol, with inset letter 'E', in the Mahatma Gandhi Series-2005 bearing the signature of Dr. D. Subbarao, Governor , Reserve Bank of India, and the year of printing 2012 printed on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the `20 Banknotes in Mahatma Gandhi Series- 2005 , issued earlier. All the Banknotes in the deno
The Reserve Bank of India will shortly issue `20 denomination Banknotes incorporating ' ` ' symbol, with inset letter 'E', in the Mahatma Gandhi Series-2005 bearing the signature of Dr. D. Subbarao, Governor , Reserve Bank of India, and the year of printing 2012 printed on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the `20 Banknotes in Mahatma Gandhi Series- 2005 , issued earlier. All the Banknotes in the deno
Jan 24, 2013
Issue of ` 5 coins to commemorate the occasion of 150 years of Kuka Movement
The Government of India has minted the above mentioned coins which the Reserve Bank of India will shortly put into circulation, conforming to the following dimension, design and compositions, namely- DENOMINATION SHAPE AND OUTSIDE DIAMETER NUMBER OF SERRATIONS METAL COMPOSITION Five Rupees Circular 23 millimeters 100 Nickel Brass Copper - 75% Zinc - 20% Nickel - 5% Design DENOMI-NATION OBVERSE REVERSE Five Rupees The face of the coin shall bear the Lion Capitol of Ash
The Government of India has minted the above mentioned coins which the Reserve Bank of India will shortly put into circulation, conforming to the following dimension, design and compositions, namely- DENOMINATION SHAPE AND OUTSIDE DIAMETER NUMBER OF SERRATIONS METAL COMPOSITION Five Rupees Circular 23 millimeters 100 Nickel Brass Copper - 75% Zinc - 20% Nickel - 5% Design DENOMI-NATION OBVERSE REVERSE Five Rupees The face of the coin shall bear the Lion Capitol of Ash
Dec 11, 2012
Issue of `100 Bank notes within set letter 'L'
The Reserve Bank of India will shortly issue `100 denomination Bank notes with inset letter 'L', in both the numbering panels, in the Mahatma Gandhi Series-2005, bearing the signature of Dr. D. Subbarao, Governor , Reserve Bank of India, and the year of printing 2012 printed on the reverse of the Bank note. The design of these notes to be issued now is similar in all respects to the `100 Bank notes in Mahatma Gandhi Series- 2005, issued earlier. All the Bank notes in
The Reserve Bank of India will shortly issue `100 denomination Bank notes with inset letter 'L', in both the numbering panels, in the Mahatma Gandhi Series-2005, bearing the signature of Dr. D. Subbarao, Governor , Reserve Bank of India, and the year of printing 2012 printed on the reverse of the Bank note. The design of these notes to be issued now is similar in all respects to the `100 Bank notes in Mahatma Gandhi Series- 2005, issued earlier. All the Bank notes in
Dec 05, 2012
School from Thiruvanathapuram wins National Finals of RBIQ
Photograph Master Surya Girish and Master Siddharth M. Joy of Chinmaya Vidyalaya HSS, Thiruvananthapuram were the winners of the RBIQ, an all India inter-school quiz arranged by the Reserve Bank of India. Master Tanmay Kakati and Master Shreyas Sarkar of Maharishi Vidyamandir Public School of Guwahati were the runners up. The finals of RBIQ were held in National Library, Kolkata today. RBIQ is one more effort of the Reserve Bank of India towards spreading awareness ab
Photograph Master Surya Girish and Master Siddharth M. Joy of Chinmaya Vidyalaya HSS, Thiruvananthapuram were the winners of the RBIQ, an all India inter-school quiz arranged by the Reserve Bank of India. Master Tanmay Kakati and Master Shreyas Sarkar of Maharishi Vidyamandir Public School of Guwahati were the runners up. The finals of RBIQ were held in National Library, Kolkata today. RBIQ is one more effort of the Reserve Bank of India towards spreading awareness ab
Nov 07, 2012
Issue of `500 Banknotes with inset letter 'E'
The Reserve Bank of India will shortly issue `500 denomination Banknotes with Rupee Symbol (`) on the obverse and the reverse, inset letter 'E' in both the numbering panels, bearing the signature of Dr. D. Subbarao, Governor, Reserve Bank of India, and the year of printing 2012 printed on the reverse of the Banknote, in the Mahatma Gandhi Series-2005. The design of these notes to be issued now is similar in all respects to the `500 Banknotes in Mahatma Gandhi Series-
The Reserve Bank of India will shortly issue `500 denomination Banknotes with Rupee Symbol (`) on the obverse and the reverse, inset letter 'E' in both the numbering panels, bearing the signature of Dr. D. Subbarao, Governor, Reserve Bank of India, and the year of printing 2012 printed on the reverse of the Banknote, in the Mahatma Gandhi Series-2005. The design of these notes to be issued now is similar in all respects to the `500 Banknotes in Mahatma Gandhi Series-
Nov 02, 2012
Issue of ` 10 Banknotes with inset letter 'A'
The Reserve Bank of India will shortly issue `10 denomination Banknotes with Rupee Symbol (`) on the obverse and the reverse, inset letter 'A' in both the numbering panels, in the Mahatma Gandhi Series-2005 bearing the signature of Dr. D. Subbarao, Governor , Reserve Bank of India, and the year of printing '2012' printed on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the `10 Banknotes in Mahatma Gandhi Series-
The Reserve Bank of India will shortly issue `10 denomination Banknotes with Rupee Symbol (`) on the obverse and the reverse, inset letter 'A' in both the numbering panels, in the Mahatma Gandhi Series-2005 bearing the signature of Dr. D. Subbarao, Governor , Reserve Bank of India, and the year of printing '2012' printed on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the `10 Banknotes in Mahatma Gandhi Series-
Oct 23, 2012
Issue of ` 100 Banknotes with inset letter 'E'
The Reserve Bank of India will shortly issue `100 denomination Banknotes with Rupee Symbol (`) on the obverse and the reverse, inset letter 'E' in both the numbering panels, bearing the signature of Dr. D. Subbarao, Governor , Reserve Bank of India, and the year of printing 2012 printed on the reverse of the Banknote, in the Mahatma Gandhi Series-2005. The design of these notes to be issued now is similar in all respects to the ` 100 Banknotes in Mahatma Gandhi Series
The Reserve Bank of India will shortly issue `100 denomination Banknotes with Rupee Symbol (`) on the obverse and the reverse, inset letter 'E' in both the numbering panels, bearing the signature of Dr. D. Subbarao, Governor , Reserve Bank of India, and the year of printing 2012 printed on the reverse of the Banknote, in the Mahatma Gandhi Series-2005. The design of these notes to be issued now is similar in all respects to the ` 100 Banknotes in Mahatma Gandhi Series
Oct 12, 2012
Issue of `50 Banknotes with incorporation of Rupee symbol (`) and inset letter 'R'
The Reserve Bank of India will shortly issue ` 50 denomination Banknotes incorporating " ` " symbol, with inset letter 'R', in the Mahatma Gandhi Series-2005 with bearing the signature of Dr. D. Subbarao, Governor, Reserve Bank of India, and the year of printing 2012 printed on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the ` 50 Banknotes in Mahatma Gandhi Series- 2005, issued earlier. All the Banknotes in the
The Reserve Bank of India will shortly issue ` 50 denomination Banknotes incorporating " ` " symbol, with inset letter 'R', in the Mahatma Gandhi Series-2005 with bearing the signature of Dr. D. Subbarao, Governor, Reserve Bank of India, and the year of printing 2012 printed on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the ` 50 Banknotes in Mahatma Gandhi Series- 2005, issued earlier. All the Banknotes in the
Sep 20, 2012
Issue of ` 100 Banknotes with inset letter 'G'
The Reserve Bank of India will shortly issue ` 100 denomination Banknotes with inset letter 'G', in both the numbering panels, in the Mahatma Gandhi Series-2005 , bearing the signature of Dr. D. Subbarao, Governor , Reserve Bank of India, and the year of printing 2012 printed on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the ` 100 Banknotes in Mahatma Gandhi Series- 2005 ,issued earlier. All the Banknotes in t
The Reserve Bank of India will shortly issue ` 100 denomination Banknotes with inset letter 'G', in both the numbering panels, in the Mahatma Gandhi Series-2005 , bearing the signature of Dr. D. Subbarao, Governor , Reserve Bank of India, and the year of printing 2012 printed on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the ` 100 Banknotes in Mahatma Gandhi Series- 2005 ,issued earlier. All the Banknotes in t
Sep 14, 2012
Do not respond to Mails asking for your Internet Banking Account Details : RBI Cautions Public
It has come to the notice of the Reserve Bank of India (RBI) that a fraudulent email has been sent and signed in its name as `Reserve Bank of India'. The mail has referred to provisions of Banking Regulation act, 1949 and Prevention of Money Laundering Rules, 2005 and informs bank account holders about the Reserve Bank setting up a new 24x7 Centralised Monitoring Centre to monitor financial transaction flow from the Internet Banking Accounts. The email then gives a li
It has come to the notice of the Reserve Bank of India (RBI) that a fraudulent email has been sent and signed in its name as `Reserve Bank of India'. The mail has referred to provisions of Banking Regulation act, 1949 and Prevention of Money Laundering Rules, 2005 and informs bank account holders about the Reserve Bank setting up a new 24x7 Centralised Monitoring Centre to monitor financial transaction flow from the Internet Banking Accounts. The email then gives a li
Sep 07, 2012
RBIQ: RBI to conduct Inter-School Quiz A New Initiative in promoting Financial Literacy
Beginning September 10, 2012, the Reserve Bank of India (RBI) will launch an all-India RBI Inter-School Quiz – its new initiative at promoting financial literacy at school level. Called RBIQ – which can be interpreted as RBI Quiz or Reserve Bank (RB) ‘IQ’uotient – the quiz will be conducted among students in Classes 9th, 10th, 11th and 12th. This year, being a pilot run, select schools located across the length and breadth of the country across all Boards have been in
Beginning September 10, 2012, the Reserve Bank of India (RBI) will launch an all-India RBI Inter-School Quiz – its new initiative at promoting financial literacy at school level. Called RBIQ – which can be interpreted as RBI Quiz or Reserve Bank (RB) ‘IQ’uotient – the quiz will be conducted among students in Classes 9th, 10th, 11th and 12th. This year, being a pilot run, select schools located across the length and breadth of the country across all Boards have been in
Aug 28, 2012
Issue of ` 1000 Banknotes with incorporation of Rupee symbol (`) and inset letter 'L'
The Reserve Bank of India will shortly issue `1000 denomination Banknotes incorporating " ` "symbol, with inset letter 'L', in both the numbering panels, in the Mahatma Gandhi Series-2005 with improved security features, bearing the signature of Dr. D. Subbarao, Governor , Reserve Bank of India, and the year of printing 2012 printed on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the ` 1000 Banknotes in Mahatma
The Reserve Bank of India will shortly issue `1000 denomination Banknotes incorporating " ` "symbol, with inset letter 'L', in both the numbering panels, in the Mahatma Gandhi Series-2005 with improved security features, bearing the signature of Dr. D. Subbarao, Governor , Reserve Bank of India, and the year of printing 2012 printed on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the ` 1000 Banknotes in Mahatma
May 21, 2012
RBI warning on phishing mail
It has come to the notice of the Reserve Bank of India that an email has been sent in its name from mail id: alert@rbi.org and signed by RBI Online offering a 'new online security platform'. According to the mail, the 'new online security platform' offers to 'prevent online identity theft in internet banking by asking the customer to go through a two-way authentication factor before he/she properly logs into internet banking every time'. The email then asks the recipi
It has come to the notice of the Reserve Bank of India that an email has been sent in its name from mail id: alert@rbi.org and signed by RBI Online offering a 'new online security platform'. According to the mail, the 'new online security platform' offers to 'prevent online identity theft in internet banking by asking the customer to go through a two-way authentication factor before he/she properly logs into internet banking every time'. The email then asks the recipi
Apr 18, 2012
Bank Rate
The Reserve Bank of India has decided to lower the Bank Rate to 9.0 per cent per annum from 9.5 per cent per annum with effect from April 17, 2012. R. R. Sinha Deputy General Manager Press Release: 2011-2012/1671
The Reserve Bank of India has decided to lower the Bank Rate to 9.0 per cent per annum from 9.5 per cent per annum with effect from April 17, 2012. R. R. Sinha Deputy General Manager Press Release: 2011-2012/1671
Apr 12, 2012
Issue of ` 20/- and ` 50/- denomination Bank notes without inset letter and with ` symbol
The Reserve Bank of India will shortly issue of ` 20/- and ` 50/- denomination Banknotes without inset letter and with ` symbol, in the Mahatma Gandhi -2005 series bearing the signature of Dr. D. Subbarao, Governor, Reserve Bank of India, and the year of printing on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the banknotes in Mahatma Gandhi Series 2005 issued earlier except for ` symbol. All the Banknotes in th
The Reserve Bank of India will shortly issue of ` 20/- and ` 50/- denomination Banknotes without inset letter and with ` symbol, in the Mahatma Gandhi -2005 series bearing the signature of Dr. D. Subbarao, Governor, Reserve Bank of India, and the year of printing on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the banknotes in Mahatma Gandhi Series 2005 issued earlier except for ` symbol. All the Banknotes in th
Mar 30, 2012
Issue of coins to commemorate the occasion of "150th year of the Comptroller and Auditor General of India"
The Reserve Bank of India will shortly put into circulation the coins of `5 denomination, which shall conform to the following dimension, design and compositions, namely- DENOMINATION SHAPE AND OUTSIDE DIAMETRE NUMBER OF SERRATIONS METAL COMPOSITION Five Rupees Circular 23 millimeters 100 Nickel Brass Copper 75% Zinc 20% Nickel 5% Design DENOMINATION OBVERSE REVERSE Five Rupees The face of the coin shall bear the Lion Capitol of Ashoka Pillar with the legend “ सत्यमेव
The Reserve Bank of India will shortly put into circulation the coins of `5 denomination, which shall conform to the following dimension, design and compositions, namely- DENOMINATION SHAPE AND OUTSIDE DIAMETRE NUMBER OF SERRATIONS METAL COMPOSITION Five Rupees Circular 23 millimeters 100 Nickel Brass Copper 75% Zinc 20% Nickel 5% Design DENOMINATION OBVERSE REVERSE Five Rupees The face of the coin shall bear the Lion Capitol of Ashoka Pillar with the legend “ सत्यमेव
Feb 21, 2012
Issue of coins to commemorate the occasion of "Shahid Bhagat Singh Birth Centenary"
The Reserve Bank of India will shortly put into circulation the following coins of ` 5 denomination, which shall conform to the following dimension, design and compositions, namely- DENOMINATION SHAPE AND OUTSIDE DIAMETRE NUMBER OF SERRATIONS METAL COMPOSITION Five Rupees Circular 23 millimeters with security edge --------- Ferritic Stainless Steel - 83% Chromium - 17% Design DENOMI-NATION OBVERSE REVERSE SECURITY EDGE Five Rupees This face of the coin shall be divide
The Reserve Bank of India will shortly put into circulation the following coins of ` 5 denomination, which shall conform to the following dimension, design and compositions, namely- DENOMINATION SHAPE AND OUTSIDE DIAMETRE NUMBER OF SERRATIONS METAL COMPOSITION Five Rupees Circular 23 millimeters with security edge --------- Ferritic Stainless Steel - 83% Chromium - 17% Design DENOMI-NATION OBVERSE REVERSE SECURITY EDGE Five Rupees This face of the coin shall be divide
Feb 21, 2012
Issue of ` 1000 Banknotes with inset letter 'R', having Rupee symbol (`)
The Reserve Bank of India will shortly issue ` 1000 denomination Banknotes incorporating "`" symbol, with inset letter 'R' , in the Mahatma Gandhi-2005 Series bearing the signature of Dr. D. Subbarao, Governor, Reserve Bank of India, and the year of printing on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the Banknotes of ` 1000 in Mahatma Gandhi Series -2005 issued earlier except for ` symbol. All the Banknotes
The Reserve Bank of India will shortly issue ` 1000 denomination Banknotes incorporating "`" symbol, with inset letter 'R' , in the Mahatma Gandhi-2005 Series bearing the signature of Dr. D. Subbarao, Governor, Reserve Bank of India, and the year of printing on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the Banknotes of ` 1000 in Mahatma Gandhi Series -2005 issued earlier except for ` symbol. All the Banknotes
Feb 17, 2012
Issue of ` 10 Banknotes with inset letter 'P' and with signature of Dr. D. Subbarao, Governor
The Reserve Bank of India will shortly issue ` 10 denomination Banknotes with inset letter 'P', in the Mahatma Gandhi Series bearing the signature of Dr. D. Subbarao, Governor, Reserve Bank of India, and the year of printing on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the Banknotes in Mahatma Gandhi Series 2005 issued earlier. All the Banknotes in the denomination of ` 10 issued by the Bank in the past will
The Reserve Bank of India will shortly issue ` 10 denomination Banknotes with inset letter 'P', in the Mahatma Gandhi Series bearing the signature of Dr. D. Subbarao, Governor, Reserve Bank of India, and the year of printing on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the Banknotes in Mahatma Gandhi Series 2005 issued earlier. All the Banknotes in the denomination of ` 10 issued by the Bank in the past will
Feb 06, 2012
RBI cautions Public Once Again against Fictitious Offers
The Reserve Bank of India has today reiterated that it never contacts the public via unsolicited phone calls or emails asking for money or any other type of personal information. The Reserve Bank does not maintain/give money/foreign currency or any other type of funds to individual or opens accounts for/in the name of individuals. The Reserve Bank has urged the public to remain alert and not to fall prey to frauds or scams perpetrated by individuals who impersonate to
The Reserve Bank of India has today reiterated that it never contacts the public via unsolicited phone calls or emails asking for money or any other type of personal information. The Reserve Bank does not maintain/give money/foreign currency or any other type of funds to individual or opens accounts for/in the name of individuals. The Reserve Bank has urged the public to remain alert and not to fall prey to frauds or scams perpetrated by individuals who impersonate to
Feb 01, 2012
RBI to issue Non Sequential Numbered Notes in Denomination of ` 1000
In June 2011, RBI had issued ` 500 denomination notes in non-sequential numbering. It has now been decided to issue banknotes of ` 1000 denomination also on similar lines. Packets of Banknotes in non-sequential number will, as usual, have 100 notes. The bands of the packets containing the banknotes in non-sequential number will clearly be superscribed with the legend, “The packet contains 100 notes not numbered sequentially.” R.R. Sinha Deputy General Manager Press Re
In June 2011, RBI had issued ` 500 denomination notes in non-sequential numbering. It has now been decided to issue banknotes of ` 1000 denomination also on similar lines. Packets of Banknotes in non-sequential number will, as usual, have 100 notes. The bands of the packets containing the banknotes in non-sequential number will clearly be superscribed with the legend, “The packet contains 100 notes not numbered sequentially.” R.R. Sinha Deputy General Manager Press Re
Jan 18, 2012
Issue of ` 100 Banknotes with "R" inset letter incorporation of Rupee symbol (`)
The Reserve Bank of India will shortly issue `100 denomination Banknotes with "R" inset letter incorporating "`" symbol, in the Mahatma Gandhi Series-2005 bearing the signature of Dr. D. Subbarao, Governor , Reserve Bank of India, and the year of printing on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the Banknotes of `100 in Mahatma Gandhi Series-2005 issued earlier. All the Banknotes in the denomination of `1
The Reserve Bank of India will shortly issue `100 denomination Banknotes with "R" inset letter incorporating "`" symbol, in the Mahatma Gandhi Series-2005 bearing the signature of Dr. D. Subbarao, Governor , Reserve Bank of India, and the year of printing on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the Banknotes of `100 in Mahatma Gandhi Series-2005 issued earlier. All the Banknotes in the denomination of `1
Jan 10, 2012
Complain to Local Police/Cyber Crime Authorities against Fictitious Offers of Money from Abroad
The Reserve Bank of India has today advised members of public to immediately register a complaint with the local police/cyber crime authorities when they receive fictitious offers of money from abroad or if they are victims of such offers. It has also placed, on its website, the list of such nodal agencies with whom the public can register complaints. The Reserve Bank has, on several occasions in the past, cautioned the members of public against falling prey to fictit
The Reserve Bank of India has today advised members of public to immediately register a complaint with the local police/cyber crime authorities when they receive fictitious offers of money from abroad or if they are victims of such offers. It has also placed, on its website, the list of such nodal agencies with whom the public can register complaints. The Reserve Bank has, on several occasions in the past, cautioned the members of public against falling prey to fictit
Jan 10, 2012
Issue of ICMR coins of ` 5 denomination-"Circulatory Coins"
The Reserve Bank of India will shortly put into circulation the following coins of ` 5 denomination, which shall conform to the following dimension, design and compositions, namely- SHAPE AND OUTSIDE DIAMETRE NUMBER OF SERRATIONS METAL COMPOSITION Circular 23 millimeters 100 Nickel Brass Copper 75% Zinc 20% Nickel 5% Design OBVERSE REVERSE The face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend “सत्यमेव जयते" inscribed below, fl
The Reserve Bank of India will shortly put into circulation the following coins of ` 5 denomination, which shall conform to the following dimension, design and compositions, namely- SHAPE AND OUTSIDE DIAMETRE NUMBER OF SERRATIONS METAL COMPOSITION Circular 23 millimeters 100 Nickel Brass Copper 75% Zinc 20% Nickel 5% Design OBVERSE REVERSE The face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend “सत्यमेव जयते" inscribed below, fl
Dec 27, 2011
RBI to Issue commemorative coins for "100 years of Civil Aviation"
The Reserve Bank of India will shortly put into circulation coins of ` 5 denomination, which will have the following dimension, design and compositions: DENOMINATION SHAPE AND OUTSIDE DIAMETRE NUMBER OF SERRATIONS METAL COMPOSITION Five Rupees Circular 23 millimeters 100 Nickel Brass Copper - 75% Zinc - 20% Nickel - 5% Design DENOMINATION OBVERSE REVERSE Five Rupees The face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend “ सत्यम
The Reserve Bank of India will shortly put into circulation coins of ` 5 denomination, which will have the following dimension, design and compositions: DENOMINATION SHAPE AND OUTSIDE DIAMETRE NUMBER OF SERRATIONS METAL COMPOSITION Five Rupees Circular 23 millimeters 100 Nickel Brass Copper - 75% Zinc - 20% Nickel - 5% Design DENOMINATION OBVERSE REVERSE Five Rupees The face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend “ सत्यम
Dec 26, 2011
Issue of ` 500 Banknotes with incorporation of Rupee symbol (`)
The Reserve Bank of India will shortly issue ` 500 denomination Banknotes incorporating "`" symbol, without inset letter, in the Mahatma Gandhi Series-2005 bearing the signature of Dr. D. Subbarao, Governor , Reserve Bank of India, and the year of printing 2011 printed on the back of the Banknote. The design of these notes to be issued now is similar in all respects to the Banknotes of ` 500 in Mahatma Gandhi Series-2005 issued earlier except for the ` symbol. All the
The Reserve Bank of India will shortly issue ` 500 denomination Banknotes incorporating "`" symbol, without inset letter, in the Mahatma Gandhi Series-2005 bearing the signature of Dr. D. Subbarao, Governor , Reserve Bank of India, and the year of printing 2011 printed on the back of the Banknote. The design of these notes to be issued now is similar in all respects to the Banknotes of ` 500 in Mahatma Gandhi Series-2005 issued earlier except for the ` symbol. All the
Nov 22, 2011
Issue of `100 Banknotes with incorporation of Rupee symbol (`)
The Reserve Bank of India will shortly issue `100 denomination Banknotes incorporating "`" symbol, without inset letter, in the Mahatma Gandhi Series-2005 bearing the signature of Dr. D. Subbarao, Governor , Reserve Bank of India, and the year of printing 2011 printed on the back of the Banknote. The design of these notes to be issued now is similar in all respects to the Banknotes of `100 in Mahatma Gandhi Series - 2005 issued earlier except for the ` symbol. All the
The Reserve Bank of India will shortly issue `100 denomination Banknotes incorporating "`" symbol, without inset letter, in the Mahatma Gandhi Series-2005 bearing the signature of Dr. D. Subbarao, Governor , Reserve Bank of India, and the year of printing 2011 printed on the back of the Banknote. The design of these notes to be issued now is similar in all respects to the Banknotes of `100 in Mahatma Gandhi Series - 2005 issued earlier except for the ` symbol. All the
Nov 18, 2011
Issue of ` 10 Banknotes with incorporation of Rupee symbol (`)
The Reserve Bank of India will shortly issue ` 10 denomination Banknotes incorporating "`" symbol, with inset letter 'R', in the Mahatma Gandhi Series bearing the signature of Dr. D. Subbarao, Governor, Reserve Bank of India and the year of printing 2011 printed on the back of the Banknote. The design of these notes to be issued now is similar in all respects to the Banknotes in Mahatma Gandhi Series 2005 issued earlier except for the ` symbol. All the Banknotes in th
The Reserve Bank of India will shortly issue ` 10 denomination Banknotes incorporating "`" symbol, with inset letter 'R', in the Mahatma Gandhi Series bearing the signature of Dr. D. Subbarao, Governor, Reserve Bank of India and the year of printing 2011 printed on the back of the Banknote. The design of these notes to be issued now is similar in all respects to the Banknotes in Mahatma Gandhi Series 2005 issued earlier except for the ` symbol. All the Banknotes in th
Nov 18, 2011
Issue of ` 1000 Banknotes with incorporation of Rupee symbol (`)
The Reserve Bank of India will shortly issue ` 1000 denomination Banknotes incorporating "`" symbol, without inset letter, in the Mahatma Gandhi-2005 Series bearing the signature of Dr. D. Subbarao, Governor, Reserve Bank of India and the year of printing 2011 printed on the back of the Banknote. The design of these notes to be issued now is similar in all respects to the Banknotes of ` 1000 in Mahatma Gandhi Series -2005 issued earlier except for the ` symbol. All th
The Reserve Bank of India will shortly issue ` 1000 denomination Banknotes incorporating "`" symbol, without inset letter, in the Mahatma Gandhi-2005 Series bearing the signature of Dr. D. Subbarao, Governor, Reserve Bank of India and the year of printing 2011 printed on the back of the Banknote. The design of these notes to be issued now is similar in all respects to the Banknotes of ` 1000 in Mahatma Gandhi Series -2005 issued earlier except for the ` symbol. All th
Sep 28, 2011
Issue of coins to commemorate the occasion of "Income Tax-150 years of building India"
The Reserve Bank of India will shortly put into circulation the following coins of ` 5 denomination, which shall conform to the following dimension, design and compositions, namely - DENOMINATION SHAPE AND OUTSIDE DIAMETRE NUMBER OF SERRATIONS METAL COMPOSITION Five Rupees Circular 23 millimeters 100 Nickel Brass Copper -75% Zinc -20% Nickel - 5% Design DENOMINATION OBVERSE REVERSE Five Rupees This face of the coin shall bear the Lion Capital of Ashoka Pillar with the
The Reserve Bank of India will shortly put into circulation the following coins of ` 5 denomination, which shall conform to the following dimension, design and compositions, namely - DENOMINATION SHAPE AND OUTSIDE DIAMETRE NUMBER OF SERRATIONS METAL COMPOSITION Five Rupees Circular 23 millimeters 100 Nickel Brass Copper -75% Zinc -20% Nickel - 5% Design DENOMINATION OBVERSE REVERSE Five Rupees This face of the coin shall bear the Lion Capital of Ashoka Pillar with the
Sep 23, 2011
Issue of ` 10/- Banknotes with incorporation of Rupee symbol (`)
The Reserve Bank of India will shortly issue `10/- denomination Banknotes without inset letter, in the Mahatma Gandhi Series with the signature of Dr. D. Subbarao, Governor, Reserve Bank of India, with the year of printing 2011 printed on the back of the Banknote, with incorporation of "`" symbol. The design of these notes to be issued now is similar in all respects to the Banknotes in Mahatma Gandhi Series 2005 issued earlier except for the ` symbol. All Banknotes in
The Reserve Bank of India will shortly issue `10/- denomination Banknotes without inset letter, in the Mahatma Gandhi Series with the signature of Dr. D. Subbarao, Governor, Reserve Bank of India, with the year of printing 2011 printed on the back of the Banknote, with incorporation of "`" symbol. The design of these notes to be issued now is similar in all respects to the Banknotes in Mahatma Gandhi Series 2005 issued earlier except for the ` symbol. All Banknotes in
Sep 06, 2011
Banking Ombudsman Conference : Ten Action Points to improve Customer Service of Banks
1. Indian Banks’ Association (IBA) will standardise most important terms and conditions (MITC) for at least ten important banking transactions and circulate among banks for adaptation. 2. Banks would initiate the process of providing one view of all bank accounts of a customer including deposits, loans, etc., with the help of available technology, such as, core banking solution. Banks would be complete the process within one year. 3. Banks would convey to the Reserve
1. Indian Banks’ Association (IBA) will standardise most important terms and conditions (MITC) for at least ten important banking transactions and circulate among banks for adaptation. 2. Banks would initiate the process of providing one view of all bank accounts of a customer including deposits, loans, etc., with the help of available technology, such as, core banking solution. Banks would be complete the process within one year. 3. Banks would convey to the Reserve
Sep 02, 2011
Issue of ` 20/- denomination Banknotes with inset letter "F" in both numbering panels in Mahatma Gandhi Series 2005 bearing the signature of Dr. D. Subbarao, Governor
The Reserve Bank of India will shortly issue `20/- denomination Banknotes with inset letter "F" in both numbering panels in Mahatma Gandhi Series 2005 bearing the signature of Dr. D. Subbarao, Governor, Reserve Bank of India. 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 2005 with additional security features. All Banknotes in the denomination of `20/- issued b
The Reserve Bank of India will shortly issue `20/- denomination Banknotes with inset letter "F" in both numbering panels in Mahatma Gandhi Series 2005 bearing the signature of Dr. D. Subbarao, Governor, Reserve Bank of India. 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 2005 with additional security features. All Banknotes in the denomination of `20/- issued b
Jul 22, 2011
Issue of new series of Coins
The Reserve Bank of India will shortly put in circulation the following coins of the Fifty Paise, One Rupee, Two Rupees, Five Rupees and Ten Rupees denominations. The coins of these denominations shall conform to the following dimension, design and compositions, namely- Denomination Shape and outside Diametre Number of Serrations Metal Composition 50 Paise Circular 19 Millimeters 100serrations on edge Ferritic Stainless Steel Containing – Iron -83% Chromium -17% One R
The Reserve Bank of India will shortly put in circulation the following coins of the Fifty Paise, One Rupee, Two Rupees, Five Rupees and Ten Rupees denominations. The coins of these denominations shall conform to the following dimension, design and compositions, namely- Denomination Shape and outside Diametre Number of Serrations Metal Composition 50 Paise Circular 19 Millimeters 100serrations on edge Ferritic Stainless Steel Containing – Iron -83% Chromium -17% One R
Jun 13, 2011
RBI to issue Non-Sequential Numbered Banknotes in Denomination of ` 500
With a view to enhancing operational efficiency and cost effectiveness in banknote printing at banknote presses, it has been decided to issue, to begin with, fresh banknotes of ` 500 denomination in packets, which may not necessarily all be sequentially numbered. This is consistent with international best practices. Packets of Banknotes in non-sequential number will, as usual, have 100 notes. The bands of the packets containing the banknotes in non-sequential number w
With a view to enhancing operational efficiency and cost effectiveness in banknote printing at banknote presses, it has been decided to issue, to begin with, fresh banknotes of ` 500 denomination in packets, which may not necessarily all be sequentially numbered. This is consistent with international best practices. Packets of Banknotes in non-sequential number will, as usual, have 100 notes. The bands of the packets containing the banknotes in non-sequential number w
Jun 10, 2011
Issue of ` 100/- denomination banknotes with inset letter "L" in both numbering panels in Mahatma Gandhi Series bearing the signature of Dr. D. Subbarao, Governor
The Reserve Bank of India will shortly issue ` 100/- denomination banknotes with inset letter "L" in both numbering panels in Mahatma Gandhi Series with the signature of Dr. D. Subbarao, Governor, Reserve Bank of India and the year 2011 printed on the back on the Bank note. 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 2005 issued earlier. All banknotes in the
The Reserve Bank of India will shortly issue ` 100/- denomination banknotes with inset letter "L" in both numbering panels in Mahatma Gandhi Series with the signature of Dr. D. Subbarao, Governor, Reserve Bank of India and the year 2011 printed on the back on the Bank note. 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 2005 issued earlier. All banknotes in the
Jun 10, 2011
Issue of ` 10/- denomination banknotes with inset letter "B" in both numbering panels in Mahatma Gandhi Series 2005 bearing the signature of Dr. D. Subbarao, Governor
The Reserve Bank of India will shortly issue ` 10/- denomination banknotes with inset letter "B" in both numbering panels in Mahatma Gandhi Series 2005 bearing the signature of Dr. D. Subbarao, Governor, Reserve Bank of India. 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 2005 issued earlier. All banknotes in the denomination of ` 10/- issued by the Bank in the
The Reserve Bank of India will shortly issue ` 10/- denomination banknotes with inset letter "B" in both numbering panels in Mahatma Gandhi Series 2005 bearing the signature of Dr. D. Subbarao, Governor, Reserve Bank of India. 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 2005 issued earlier. All banknotes in the denomination of ` 10/- issued by the Bank in the
May 18, 2011
Coins of 25 paise and below will not be Legal Tender from June 30, 2011 : RBI appeals to Public to Exchange them upto June 29, 2011
Coins of denomination of 25 paise and below will cease to be legal tender from June 30, 2011. These will not be accepted for exchange at bank branches and RBI Issue Offices from June 30, 2011. The Reserve Bank of India has, therefore, appealed to the members of public to exchange these coins at the branches of banks maintaining small coin depots or at the offices of the Reserve Bank. The exchange facility at these bank branches or the Reserve Bank offices will be avai
Coins of denomination of 25 paise and below will cease to be legal tender from June 30, 2011. These will not be accepted for exchange at bank branches and RBI Issue Offices from June 30, 2011. The Reserve Bank of India has, therefore, appealed to the members of public to exchange these coins at the branches of banks maintaining small coin depots or at the offices of the Reserve Bank. The exchange facility at these bank branches or the Reserve Bank offices will be avai
Apr 05, 2011
RBI Never asks for Your Bank Account Details
It has come to the notice of the Reserve Bank of India that mail has been sent in its name "inviting bank customers to update their bank account details against online phishing". The Reserve Bank has clarified that it has NOT sent any such email. It has further clarified that the Reserve Bank or banks never issue communication asking for bank account details for any purpose. The Reserve Bank has appealed to members of public not to respond to such mails and not to sha
It has come to the notice of the Reserve Bank of India that mail has been sent in its name "inviting bank customers to update their bank account details against online phishing". The Reserve Bank has clarified that it has NOT sent any such email. It has further clarified that the Reserve Bank or banks never issue communication asking for bank account details for any purpose. The Reserve Bank has appealed to members of public not to respond to such mails and not to sha
Mar 11, 2011
Issue of new Coins of ` 5 with the theme "ONE THOUSAND YEARS OF BRIHADEESWARAR TEMPLE"
The Reserve Bank of India will shortly put into circulation coins of ` 5 with the theme "ONE THOUSAND YEARS OF BRIHADEESWARAR TEMPLE". The coin of above denomination shall conform to the following dimension, design and composition, namely : Denomination of the coin Shape and outside diameter Number of Serrations Metal composition Five Rupees Circular 23 millimeters 100 Nickel Brass Copper - 75% Zinc - 20% Nickel - 5% Obverse : The face of the coin shall bear the Lion
The Reserve Bank of India will shortly put into circulation coins of ` 5 with the theme "ONE THOUSAND YEARS OF BRIHADEESWARAR TEMPLE". The coin of above denomination shall conform to the following dimension, design and composition, namely : Denomination of the coin Shape and outside diameter Number of Serrations Metal composition Five Rupees Circular 23 millimeters 100 Nickel Brass Copper - 75% Zinc - 20% Nickel - 5% Obverse : The face of the coin shall bear the Lion
Dec 24, 2010
Issue of `10/- denomination banknotes with inset letter "N" in both numbering panels in Mahatma Gandhi Series with additional / new security features bearing the signature of Dr. D. Subbarao, Governor
The Reserve Bank of India will shortly issue `10/- denomination banknotes with inset letter "N" in both numbering panels in Mahatma Gandhi Series with new / improved security features bearing the signature of Dr. D. Subbarao, Governor, Reserve Bank of India. 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 earlier. Al
The Reserve Bank of India will shortly issue `10/- denomination banknotes with inset letter "N" in both numbering panels in Mahatma Gandhi Series with new / improved security features bearing the signature of Dr. D. Subbarao, Governor, Reserve Bank of India. 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 earlier. Al
Dec 08, 2010
Issue of new Coins of ` 5 with the theme "Birth Centenary of Mother Teresa"
The Reserve Bank of India will shortly put into circulation coins of ` 5 with the theme "Birth Centenary of Mother Teresa". The coin of above denomination shall conform to the following dimension, design and composition, namely : Denomination of the coin Shape and outside diameter Number of Serrations Metal composition Five Rupees Circular 23 millimeters 100 Nickel Brass Copper - 75% Zinc - 20% Nickel - 5% Designs: Obverse : The face of the coin shall bear the lion ca
The Reserve Bank of India will shortly put into circulation coins of ` 5 with the theme "Birth Centenary of Mother Teresa". The coin of above denomination shall conform to the following dimension, design and composition, namely : Denomination of the coin Shape and outside diameter Number of Serrations Metal composition Five Rupees Circular 23 millimeters 100 Nickel Brass Copper - 75% Zinc - 20% Nickel - 5% Designs: Obverse : The face of the coin shall bear the lion ca
Nov 29, 2010
RBI cautions Public about Unauthorised Companies collecting Deposits
The Reserve Bank of India has today cautioned members of public about unauthorised companies which collect money from public stating that they have been authorised by the Reserve Bank to do so. The Reserve Bank stated that it has published on its website (http://rbi.org.in/scripts/BS_NBFCList.aspx) a list of non-banking finance companies (NBFCs) which are permitted to accept deposits. No NBFC outside of this list can accept deposits from public. Doing so is clearly fr
The Reserve Bank of India has today cautioned members of public about unauthorised companies which collect money from public stating that they have been authorised by the Reserve Bank to do so. The Reserve Bank stated that it has published on its website (http://rbi.org.in/scripts/BS_NBFCList.aspx) a list of non-banking finance companies (NBFCs) which are permitted to accept deposits. No NBFC outside of this list can accept deposits from public. Doing so is clearly fr
May 31, 2010
Do Not fall Prey to Fictitious Offers of Funds Transfer: RBI Advisory
The Reserve Bank advised banks on May 26, 2010, to exercise due caution and to be extra vigilant concerning the fictitious offers whereby bank accounts are opened and/or transactions made in the accounts for receiving payments styled as transaction charges, etc, towards the so-called transfer of prize money/award money, etc. The Reserve Bank has clarified that any person resident in India collecting and effecting/remitting such payments directly /indirectly outside In
The Reserve Bank advised banks on May 26, 2010, to exercise due caution and to be extra vigilant concerning the fictitious offers whereby bank accounts are opened and/or transactions made in the accounts for receiving payments styled as transaction charges, etc, towards the so-called transfer of prize money/award money, etc. The Reserve Bank has clarified that any person resident in India collecting and effecting/remitting such payments directly /indirectly outside In
Apr 01, 2010
PM releases Commemorative Coin Set; FM releases Mint Road Milestones: RBI at 75
Photograph "As we pursue our objective of achieving rapid and inclusive growth, our monetory and financial policies must be guided by three objectives. First, they must ensure that inflation is kept under control since it hurts the common man the most and also distorts economic signals. Second, they must ensure stability of the banking and financial sector since otherwise we run the risk of experiencing financial crises which always impose high cost. Third, they must
Photograph "As we pursue our objective of achieving rapid and inclusive growth, our monetory and financial policies must be guided by three objectives. First, they must ensure that inflation is kept under control since it hurts the common man the most and also distorts economic signals. Second, they must ensure stability of the banking and financial sector since otherwise we run the risk of experiencing financial crises which always impose high cost. Third, they must
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