Press Releases - Currency Management - RBI - Reserve Bank of India
Press Releases
Feb 14, 2006
RBI to issue Rs.50 denomination banknotes with inset letter `E'
The Reserve Bank of India will shortly issue Rs.50 denomination banknotes with inset letter `E' in both numbering panels in Mahatma Gandhi Series – 2005 bearing the signature of Dr. Y.V.Reddy, Governor. Except for the change in 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 on August 24, 2005. All banknotes in the denomination of Rs.50 issued by
The Reserve Bank of India will shortly issue Rs.50 denomination banknotes with inset letter `E' in both numbering panels in Mahatma Gandhi Series – 2005 bearing the signature of Dr. Y.V.Reddy, Governor. Except for the change in 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 on August 24, 2005. All banknotes in the denomination of Rs.50 issued by
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Jan 05, 2006
RBI to issue Rs.50 denomination banknotes with inset letter "R"
The Reserve Bank of India will shortly issue Rs.50 denomination banknotes in Mahatma Gandhi Series – 2005 with inset letter 'R' in both numbering panels 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 in Mahatma Gandhi Series with additional/new security features issued on August 24, 2005. All banknotes in the denomination of Rs.50 issued
The Reserve Bank of India will shortly issue Rs.50 denomination banknotes in Mahatma Gandhi Series – 2005 with inset letter 'R' in both numbering panels 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 in Mahatma Gandhi Series with additional/new security features issued on August 24, 2005. All banknotes in the denomination of Rs.50 issued
Dec 21, 2005
Non-acceptance of Small Coins is an offence: clarifies RBI
The Reserve Bank of India has come across reports that banks are reluctant to accept 50 paise and 25 paise coins. A recent study conducted by the Reserve Bank through the Birla Institute of Technology (BITS), Pilani also suggests that similar reluctance is exhibited by shopkeepers and traders. The Reserve Bank of India states categorically that all small denomination coins including those of 50 paise and 25 paise coins are legal tender and non-acceptance of any such c
The Reserve Bank of India has come across reports that banks are reluctant to accept 50 paise and 25 paise coins. A recent study conducted by the Reserve Bank through the Birla Institute of Technology (BITS), Pilani also suggests that similar reluctance is exhibited by shopkeepers and traders. The Reserve Bank of India states categorically that all small denomination coins including those of 50 paise and 25 paise coins are legal tender and non-acceptance of any such c
Dec 15, 2005
RBI to issue Rs.500 denomination banknotes with inset letter `R'
The Reserve Bank of India will shortly issue Rs.500 denomination banknotes with inset letter `R' in both numbering panel in Mahatma Gandhi Series – 2005 bearing the signature of Dr. Y.V..Reddy, Governor. Except for the change in 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 in October 21, 2005. All banknotes in the denomination of Rs.500 issued
The Reserve Bank of India will shortly issue Rs.500 denomination banknotes with inset letter `R' in both numbering panel in Mahatma Gandhi Series – 2005 bearing the signature of Dr. Y.V..Reddy, Governor. Except for the change in 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 in October 21, 2005. All banknotes in the denomination of Rs.500 issued
Dec 06, 2005
RBI to issue Rs.50 and Rs.100 denomination banknotes with inset letter `L'
The Reserve Bank of India will shortly issue Rs.50 and Rs.100 denomination banknotes with inset letter `L' in both numbering panels in Mahatma Gandhi Series – 2005 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 in Mahatma Gandhi Series with additional/new security features issued in August 2005. All banknotes in the denomination of Rs.5
The Reserve Bank of India will shortly issue Rs.50 and Rs.100 denomination banknotes with inset letter `L' in both numbering panels in Mahatma Gandhi Series – 2005 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 in Mahatma Gandhi Series with additional/new security features issued in August 2005. All banknotes in the denomination of Rs.5
Nov 08, 2005
No shortage of coins including Rs.5: RBI clarifies
The Reserve Bank of India has come across news reports stating that there is a shortage of Rs.5 coins due to which Rs.5 banknotes are being re-introduced. It is clarified, for the benefit of public that there is no shortage of coins of any denomination including Rs.5 coin with the offices of the Reserve Bank of India and also other banks. The members of public desirous of obtaining coins in any denominations, may do so in exchange, from the Reserve Bank of India as al
The Reserve Bank of India has come across news reports stating that there is a shortage of Rs.5 coins due to which Rs.5 banknotes are being re-introduced. It is clarified, for the benefit of public that there is no shortage of coins of any denomination including Rs.5 coin with the offices of the Reserve Bank of India and also other banks. The members of public desirous of obtaining coins in any denominations, may do so in exchange, from the Reserve Bank of India as al
Nov 03, 2005
25 paise Coins - Valid for transactions as hitherto: Clarifies RBI
The Reserve Bank has been receiving complaints from members of public regarding non-acceptance of 25 paise coins by shops, business establishments, utility services and even public sector organisations/government departments. It is also understood that there is a general impression in commercial and trading circles that 25 paise coins have ceased to be valid and are no longer in circulation. The Reserve Bank wishes to clarify that such reports are without any basis an
The Reserve Bank has been receiving complaints from members of public regarding non-acceptance of 25 paise coins by shops, business establishments, utility services and even public sector organisations/government departments. It is also understood that there is a general impression in commercial and trading circles that 25 paise coins have ceased to be valid and are no longer in circulation. The Reserve Bank wishes to clarify that such reports are without any basis an
Oct 25, 2005
RBI to issue Rs.100 denomination banknotes with inset letter 'E'
The Reserve Bank of India will shortly issue Rs.100 denomination banknotes with inset letter `E' in numbering panel in Mahatma Gandhi Series – 2005 bearing the signature of Dr. Y.V..Reddy, Governor. Except for the change in 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 in August 2005. All banknotes in the denomination of Rs.100 issued by the Ban
The Reserve Bank of India will shortly issue Rs.100 denomination banknotes with inset letter `E' in numbering panel in Mahatma Gandhi Series – 2005 bearing the signature of Dr. Y.V..Reddy, Governor. Except for the change in 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 in August 2005. All banknotes in the denomination of Rs.100 issued by the Ban
Oct 21, 2005
RBI to issue New Rs. 1000 Notes
The Reserve Bank of India will shortly issue Rs.1000 denomination banknotes in Mahatma Gandhi Series without inset letter in numbering panel bearing the signature of Dr. Y.V. Reddy, Governor. The new series 2005 banknotes will be of the same size and there is no change in the design/images of the banknotes both at the obverse (front) and reverse (back). While there is no change in the colour at the obverse (front), the colour at the reverse (back) is different due to
The Reserve Bank of India will shortly issue Rs.1000 denomination banknotes in Mahatma Gandhi Series without inset letter in numbering panel bearing the signature of Dr. Y.V. Reddy, Governor. The new series 2005 banknotes will be of the same size and there is no change in the design/images of the banknotes both at the obverse (front) and reverse (back). While there is no change in the colour at the obverse (front), the colour at the reverse (back) is different due to
Oct 21, 2005
RBI to issue New Rs. 500 Notes
The Reserve Bank of India will shortly issue Rs.500 denomination banknotes in Mahatma Gandhi Series without inset letter in numbering panel bearing the signature of Dr. Y.V. Reddy, Governor. The new series 2005 banknotes will be of the same size and there is no change in the design/images of the banknotes both at the obverse (front) and reverse (back). While there is no change in the colour at the obverse (front), the colour at the reverse (back) is different due to u
The Reserve Bank of India will shortly issue Rs.500 denomination banknotes in Mahatma Gandhi Series without inset letter in numbering panel bearing the signature of Dr. Y.V. Reddy, Governor. The new series 2005 banknotes will be of the same size and there is no change in the design/images of the banknotes both at the obverse (front) and reverse (back). While there is no change in the colour at the obverse (front), the colour at the reverse (back) is different due to u
Sep 27, 2005
Restrictive practices while accepting banknotes
Reserve Bank of India has been receiving complaints from the public regarding adoption of restrictive practices such as forcing the customers to note down their names on the banknotes, listing the note numbers on the bills submitted for payment insisting on undertaking while depositing higher denomination banknotes, etc., by certain public and private sector organizations/institutions thus causing avoidable harassment to the public. Reserve Bank, therefore, considers
Reserve Bank of India has been receiving complaints from the public regarding adoption of restrictive practices such as forcing the customers to note down their names on the banknotes, listing the note numbers on the bills submitted for payment insisting on undertaking while depositing higher denomination banknotes, etc., by certain public and private sector organizations/institutions thus causing avoidable harassment to the public. Reserve Bank, therefore, considers
Sep 10, 2005
Issue of Rs 100/- denomination banknotes in Mahatma Gandhi Series with additional/new security features with inset letter 'R' in numbering panel bearing the signature of Dr. Y.V. Reddy, Governor
The Reserve Bank of India will shortly issue Rs 100/- denomination banknotes in Mahatma Gandhi Series with inset letter 'R' in numbering panel bearing the signature of Dr. Y.V. Reddy, Governor. The new series 2005 banknotes will remain the same size and there is no change in the images/design of the banknotes both at the back and front. While some of the security features of the existing Mahatma Gandhi series have been retained, some have been modified and a few new s
The Reserve Bank of India will shortly issue Rs 100/- denomination banknotes in Mahatma Gandhi Series with inset letter 'R' in numbering panel bearing the signature of Dr. Y.V. Reddy, Governor. The new series 2005 banknotes will remain the same size and there is no change in the images/design of the banknotes both at the back and front. While some of the security features of the existing Mahatma Gandhi series have been retained, some have been modified and a few new s
Aug 24, 2005
Issue of Rs.100 denomination banknotes in Mahatma Gandhi Series with additional/new security features without inset letter in numbering panel bearing the signature of Dr. Y. V. Reddy, Governor
The Reserve Bank of India will shortly issue Rs.100 denomination banknotes in Mahatma Gandhi Series without inset letter in numbering panel bearing the signature of Dr. Y. V. Reddy, Governor. The new series 2005 banknotes will be of the same size and there is no change in the colour/design/images of the banknotes both at the obverse (front) and the reverse (back). All the security features have been mentioned in the earlier Press Release dated August 10, 2005, and the
The Reserve Bank of India will shortly issue Rs.100 denomination banknotes in Mahatma Gandhi Series without inset letter in numbering panel bearing the signature of Dr. Y. V. Reddy, Governor. The new series 2005 banknotes will be of the same size and there is no change in the colour/design/images of the banknotes both at the obverse (front) and the reverse (back). All the security features have been mentioned in the earlier Press Release dated August 10, 2005, and the
Aug 24, 2005
Issue of Rs.50 denomination banknotes in Mahatma Gandhi Series with additional/new security features without inset letter in numbering panel bearing the signature of Dr. Y. V. Reddy, Governor
The Reserve Bank of India will shortly issue Rs.50 denomination banknotes in Mahatma Gandhi Series without inset letter in numbering panel bearing the signature of Dr. Y. V. Reddy, Governor. The new series 2005 banknotes will be of the same size and there is no change in the colour/design/images of the banknotes both at the obverse (front) and the reverse (back). All the security features have been mentioned in the earlier Press Release dated August 10, 2005, and the
The Reserve Bank of India will shortly issue Rs.50 denomination banknotes in Mahatma Gandhi Series without inset letter in numbering panel bearing the signature of Dr. Y. V. Reddy, Governor. The new series 2005 banknotes will be of the same size and there is no change in the colour/design/images of the banknotes both at the obverse (front) and the reverse (back). All the security features have been mentioned in the earlier Press Release dated August 10, 2005, and the
Jun 15, 2005
Issue of Rs.50 denomination bank notes with inset letter `F' in both numbering panels in Mahatma Gandhi Series bearing the signature of Dr. Y.V.Reddy, Governor
The Reserve Bank of India will shortly be issuing Rs.50 denomination bank notes with inset letter `F' in both numbering panels in Mahatma Gandhi Series. These notes will bear 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 those issued earlier in the Mahatma Gandhi Series. All notes in the denomination of Rs.50 issued by the Bank in the past will continue to b
The Reserve Bank of India will shortly be issuing Rs.50 denomination bank notes with inset letter `F' in both numbering panels in Mahatma Gandhi Series. These notes will bear 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 those issued earlier in the Mahatma Gandhi Series. All notes in the denomination of Rs.50 issued by the Bank in the past will continue to b
Mar 19, 2005
RBI to issue Rs. 100 denomination bank notes with inset letter `G' in both numbering panel in Mahatma Gandhi series with Dr.Y.V.Reddy's signature
The Reserve Bank of India will shortly be issuing Rs.100 denomination bank notes with inset letter `G' in both numbering panels in Mahatma Gandhi Series. These notes will bear the signature of Dr.Y.V.Reddy, Governor. Except for the change in inset letter, the design of these notes to be issued now is similar in all respect to those issued earlier in Mahatma Gandhi Series. All notes in the denomination of Rs.100 issued by the Reserve Bank in the past will continue to b
The Reserve Bank of India will shortly be issuing Rs.100 denomination bank notes with inset letter `G' in both numbering panels in Mahatma Gandhi Series. These notes will bear the signature of Dr.Y.V.Reddy, Governor. Except for the change in inset letter, the design of these notes to be issued now is similar in all respect to those issued earlier in Mahatma Gandhi Series. All notes in the denomination of Rs.100 issued by the Reserve Bank in the past will continue to b
Feb 07, 2005
No Dearth of Coins: RBI
The Reserve Bank of India has today stated that there is no dearth of coins of any denomination and the members of public should assert their right to get the appropriate change and should not accept other goods in return for the balance amount due to them. It has also reiterated that coins of all denominations are legal tender.The Reserve Bank of India has come across reports and has also received complaints that traders and shopkeepers are reluctant to return the sm
The Reserve Bank of India has today stated that there is no dearth of coins of any denomination and the members of public should assert their right to get the appropriate change and should not accept other goods in return for the balance amount due to them. It has also reiterated that coins of all denominations are legal tender.The Reserve Bank of India has come across reports and has also received complaints that traders and shopkeepers are reluctant to return the sm
Feb 04, 2005
RBI to issue Rs. 10 denomination bank notes with inset letter `S' in both numbering panels in Mahatma Gandhi series with Dr.Y.V.Reddy's signature
The Reserve Bank of India will shortly be issuing Rs.10 denomination bank notes with inset letter `S' in both numbering panels in Mahatma Gandhi Series. These notes will bear the signature of Dr.Y.V.Reddy, Governor. Except for the change in inset letter, the design of these notes to be issued now is similar in all respect to those issued earlier in Mahatma Gandhi Series. All notes in the denomination of Rs.10 issued by the Reserve Bank will continue to be legal tender
The Reserve Bank of India will shortly be issuing Rs.10 denomination bank notes with inset letter `S' in both numbering panels in Mahatma Gandhi Series. These notes will bear the signature of Dr.Y.V.Reddy, Governor. Except for the change in inset letter, the design of these notes to be issued now is similar in all respect to those issued earlier in Mahatma Gandhi Series. All notes in the denomination of Rs.10 issued by the Reserve Bank will continue to be legal tender
Dec 29, 2004
RBI to issue Rs. 500 denomination bank notes with inset letter `A' in both numbering panel in Mahatma Gandhi series with Dr.Y.V.Reddy's signature
The Reserve Bank of India will shortly be issuing Rs.500 denomination bank notes with inset letter `A' in both numbering panels in Mahatma Gandhi Series. These notes will bear the signature of Dr.Y.V.Reddy, Governor. Except for the change in inset letter, the design of these notes to be issued now is similar in all respect to those issued earlier in Mahatma Gandhi Series. All notes in the denomination of Rs.500 issued by the Reserve Bank since September 1987 will cont
The Reserve Bank of India will shortly be issuing Rs.500 denomination bank notes with inset letter `A' in both numbering panels in Mahatma Gandhi Series. These notes will bear the signature of Dr.Y.V.Reddy, Governor. Except for the change in inset letter, the design of these notes to be issued now is similar in all respect to those issued earlier in Mahatma Gandhi Series. All notes in the denomination of Rs.500 issued by the Reserve Bank since September 1987 will cont
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