Press Releases - Currency Management - RBI - Reserve Bank of India
Press Releases
Oct 25, 2007
New Ferritic Stainless Steel Coins of Re.1 denomination with the theme "UNITY IN DIVERSITY"
The Reserve Bank of India has put into circulation new Ferritic Stainless Steel Coins of Re.1 with the theme 'UNITY IN DIVERSITY' The coins conform to the following dimension, design and composition, namely : Denomination of the coin Shape and outside diameter Metal composition One Rupee Cicular : 25 millimetres (Mono-metallic) Ferritic Stainless Steel Chromium - 17% Iron - 83% Design :Obverse : This face of the coin is divided into three portions. The centre portion
The Reserve Bank of India has put into circulation new Ferritic Stainless Steel Coins of Re.1 with the theme 'UNITY IN DIVERSITY' The coins conform to the following dimension, design and composition, namely : Denomination of the coin Shape and outside diameter Metal composition One Rupee Cicular : 25 millimetres (Mono-metallic) Ferritic Stainless Steel Chromium - 17% Iron - 83% Design :Obverse : This face of the coin is divided into three portions. The centre portion
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Oct 19, 2007
RBI to issue Rs.10 denomination banknotes with inset letter "M"
The Reserve Bank of India will shortly issue Rs.10 denomination banknotes with inset letter 'M' in both numbering panels in Mahatma Gandhi Series with additional/new security features bearing the signature of Dr. Y.V. Reddy, Governor. Except for the change in the inset letter, the design of these notes to be issued now is similar in all respects to the banknotes issued earlier in Mahatma Gandhi Series with additional/new security features issued on April 27, 2006. All
The Reserve Bank of India will shortly issue Rs.10 denomination banknotes with inset letter 'M' in both numbering panels in Mahatma Gandhi Series with additional/new security features bearing the signature of Dr. Y.V. Reddy, Governor. Except for the change in the inset letter, the design of these notes to be issued now is similar in all respects to the banknotes issued earlier in Mahatma Gandhi Series with additional/new security features issued on April 27, 2006. All
Oct 05, 2007
Misuse of banknotes
It has been brought to the Bank's notice that members of public, institutions and others continue to write messages etc. on the watermark window and deface the portraits etc. on the banknotes. The Bank wishes to reiterate that such practices work against the Clean Note Policy of the Bank. All members of public, institutions and others are, therefore, advised not to write/inscribe anything whatsoever on the banknotes. Ajit Prasad ManagerPress Release : 2007-2008/473
It has been brought to the Bank's notice that members of public, institutions and others continue to write messages etc. on the watermark window and deface the portraits etc. on the banknotes. The Bank wishes to reiterate that such practices work against the Clean Note Policy of the Bank. All members of public, institutions and others are, therefore, advised not to write/inscribe anything whatsoever on the banknotes. Ajit Prasad ManagerPress Release : 2007-2008/473
Oct 01, 2007
New Ferritic Stainless Steel Coins of Rs.5 with the theme "UNITY IN DIVERSITY"
The Reserve Bank of India will shortly put into circulation new Ferritic Stainless Steel Coins of Rs.5 with the theme 'UNITY IN DIVERSITY'. The coins shall conform to the following dimensions, designs and compositions, namely : Denomination of the coin Shape and Outside Diameter Metal composition Five Rupees Circular : 23 Millimetres with security edges Ferritic Stainless Steel Iron - 82% Chromium - 18% Designs :Obverse : This face of the coin shall bear the Lion Capi
The Reserve Bank of India will shortly put into circulation new Ferritic Stainless Steel Coins of Rs.5 with the theme 'UNITY IN DIVERSITY'. The coins shall conform to the following dimensions, designs and compositions, namely : Denomination of the coin Shape and Outside Diameter Metal composition Five Rupees Circular : 23 Millimetres with security edges Ferritic Stainless Steel Iron - 82% Chromium - 18% Designs :Obverse : This face of the coin shall bear the Lion Capi
Sep 27, 2007
New Ferritic Stainless Steel Coins of Rs. 5 denomination with the theme
"CONNECTIVITY AND INFORMATION TECHNOLOGY"
"CONNECTIVITY AND INFORMATION TECHNOLOGY"
The Reserve Bank of India will shortly put into circulation new Ferritic Stainless Steel Coins of Rs.5 with the theme 'CONNECTIVITY AND INFORMATION TECHNOLOGY' The coins shall conform to the following dimension, design and composition, namely : Denomination of the coin Shape and outside diameter Metal composition Five Rupees Circular 23 millimeters with security edges (Mono-Metallic) Ferritic Stainless Steel containing – Iron – 83% Chromium – 17% Designs:OBVERSE : The
The Reserve Bank of India will shortly put into circulation new Ferritic Stainless Steel Coins of Rs.5 with the theme 'CONNECTIVITY AND INFORMATION TECHNOLOGY' The coins shall conform to the following dimension, design and composition, namely : Denomination of the coin Shape and outside diameter Metal composition Five Rupees Circular 23 millimeters with security edges (Mono-Metallic) Ferritic Stainless Steel containing – Iron – 83% Chromium – 17% Designs:OBVERSE : The
Sep 25, 2007
New Ferritic Stainless Steel Coins of Rs. 2 denomination with the theme "PLATINUM JUBILEE OF INDIAN AIR FORCE (1932-2007)"
The Reserve Bank of India will shortly put into circulation new Ferritic Stainless Steel Coins of Rs. 2 with the theme "PLATINUM JUBILEE OF INDIAN AIR FORCE (1932-2007)" The coins shall conform to the following dimensions, designs and compositions, namely : Denomination of the coin Shape and outside diameter Metal composition Two Rupees Circular 27 millimeters Ferritic Stainless Steel containing – Iron – 83% Chromium – 17% Designs : OBVERSE : The face of the coin is d
The Reserve Bank of India will shortly put into circulation new Ferritic Stainless Steel Coins of Rs. 2 with the theme "PLATINUM JUBILEE OF INDIAN AIR FORCE (1932-2007)" The coins shall conform to the following dimensions, designs and compositions, namely : Denomination of the coin Shape and outside diameter Metal composition Two Rupees Circular 27 millimeters Ferritic Stainless Steel containing – Iron – 83% Chromium – 17% Designs : OBVERSE : The face of the coin is d
Aug 16, 2007
Availability of Coins
The Reserve Bank of India has been receiving complaints from some quarters about inadequate availability of coins. The Reserve Bank clarifies that there is no shortage of coins and members of public, shops and commercial establishments can obtain their coin requirements from its Regional Offices or from designated branches of commercial banks. In case of difficulties/problems in this regard, members of public and others can approach the Regional Directors of the conce
The Reserve Bank of India has been receiving complaints from some quarters about inadequate availability of coins. The Reserve Bank clarifies that there is no shortage of coins and members of public, shops and commercial establishments can obtain their coin requirements from its Regional Offices or from designated branches of commercial banks. In case of difficulties/problems in this regard, members of public and others can approach the Regional Directors of the conce
Aug 03, 2007
New Ferritic Stainless Steel Coins of Rs. 2 denomination with the theme " NRITYA MUDRA"
The Reserve Bank of India will shortly put into circulation new Ferritic Stainless Steel Coins of Rs. 2 with the theme ' NRITYA MUDRA '.The coins shall conform to the following dimensions, designs and compositions, namely : Denomination of the coin Shape and outside diameter Metal composition Two Rupees Circular 27 millimeters (Mono-Metallic) Ferritic Stainless Steel containing – Iron – 83% Chromium – 17% Designs : TWO RUPEESOBVERSE : This face of the coin is divided
The Reserve Bank of India will shortly put into circulation new Ferritic Stainless Steel Coins of Rs. 2 with the theme ' NRITYA MUDRA '.The coins shall conform to the following dimensions, designs and compositions, namely : Denomination of the coin Shape and outside diameter Metal composition Two Rupees Circular 27 millimeters (Mono-Metallic) Ferritic Stainless Steel containing – Iron – 83% Chromium – 17% Designs : TWO RUPEESOBVERSE : This face of the coin is divided
Jun 27, 2007
Re.1, Rs.2 and Rs.5 notes - Not being withdrawn from circulation: Clarifies RBI
The Reserve Bank has received reports that doubts are being raised among members of public regarding the validity/acceptability of Re.1, Rs.2 and Rs.5 notes. The Bank wishes to clarify that although the printing of Re.1, Rs.2 and Rs.5 notes has been discontinued, the notes of these denominations issued earlier will continue to be legal tender. These notes are not being withdrawn from circulation. All concerned may, therefore, continue to accept and use Re.1, Rs.2 and
The Reserve Bank has received reports that doubts are being raised among members of public regarding the validity/acceptability of Re.1, Rs.2 and Rs.5 notes. The Bank wishes to clarify that although the printing of Re.1, Rs.2 and Rs.5 notes has been discontinued, the notes of these denominations issued earlier will continue to be legal tender. These notes are not being withdrawn from circulation. All concerned may, therefore, continue to accept and use Re.1, Rs.2 and
Apr 12, 2007
RBI's Special move to exchange Notes for Coins
In order to help the members of public in obtaining Re.1, Rs.2 and Rs. 5 denomination coins near their residence/place of work, the Reserve Bank of India, Mumbai has made special arrangements to issue these coins in exchange of notes at the following bank branches: Sr. No. Name of the bank Branch address Date Timings 1. Corporation Bank, D.N Road branch, Veena Chambers, 21, Dalal Street, Mez. Floor, Fort, Mumbai 400 023 April 17, 2007 11 am to 3 pm 2. Central Bank of
In order to help the members of public in obtaining Re.1, Rs.2 and Rs. 5 denomination coins near their residence/place of work, the Reserve Bank of India, Mumbai has made special arrangements to issue these coins in exchange of notes at the following bank branches: Sr. No. Name of the bank Branch address Date Timings 1. Corporation Bank, D.N Road branch, Veena Chambers, 21, Dalal Street, Mez. Floor, Fort, Mumbai 400 023 April 17, 2007 11 am to 3 pm 2. Central Bank of
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