Press Releases - Currency Management - RBI - Reserve Bank of India
Press Releases
Dec 01, 2003
Exchange Facility for Public in Fort
With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Fort. The facility will be offered on Tuesday, December 2, 2003 between 11.00 p.m. and 2.00 p.m. at Union Bank of India, B. S. Marg, Fort, Mumbai. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in the recent past. These includ
With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Fort. The facility will be offered on Tuesday, December 2, 2003 between 11.00 p.m. and 2.00 p.m. at Union Bank of India, B. S. Marg, Fort, Mumbai. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in the recent past. These includ
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Nov 22, 2003
Issue of Rs.100 notes in Mahatma Gandhi Series bearing the signature of Dr. Y. V. Reddy, Governor
The Reserve Bank of India will shortly be issuing Rs.100 notes in Mahatma Gandhi Series without inset letter in numbering panel bearing the signature of Dr. Y. V. Reddy, Governor. Except for the signature of the Governor, the design of the Rs.100 notes to be issued now is similar in all respects to those issued earlier in the 'Mahatma Gandhi' Series. All Rs.100 denomination notes in Mahatma Gandhi Series issued by the Bank in the past will continue to be legal tender.
The Reserve Bank of India will shortly be issuing Rs.100 notes in Mahatma Gandhi Series without inset letter in numbering panel bearing the signature of Dr. Y. V. Reddy, Governor. Except for the signature of the Governor, the design of the Rs.100 notes to be issued now is similar in all respects to those issued earlier in the 'Mahatma Gandhi' Series. All Rs.100 denomination notes in Mahatma Gandhi Series issued by the Bank in the past will continue to be legal tender.
Nov 12, 2003
Exchange Facility for Public in Girgaon
With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Girgaon. The facility will be offered on Friday, November 14, 2003 between 12.30 p.m. and 3.00 p.m. at IndusInd Bank, Mumbai Main Branch, Dr. Dadasaheb Bhadkamkar Marg, Mumbai 400 004. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several
With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Girgaon. The facility will be offered on Friday, November 14, 2003 between 12.30 p.m. and 3.00 p.m. at IndusInd Bank, Mumbai Main Branch, Dr. Dadasaheb Bhadkamkar Marg, Mumbai 400 004. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several
Oct 28, 2003
Exchange Facility for Public in Bandra-Kurla Complex
With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Bandra-Kurla Complex. The facility will be offered on Thursday, October 30, 2003 between 12.30 p.m. and 3.00 p.m. at Bank of Baroda, Bandra-Kurla Complex Branch, Mumbai. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in the re
With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Bandra-Kurla Complex. The facility will be offered on Thursday, October 30, 2003 between 12.30 p.m. and 3.00 p.m. at Bank of Baroda, Bandra-Kurla Complex Branch, Mumbai. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in the re
Oct 16, 2003
RBI issues First Series of Currency Notes with Dr. Y. V. Reddy's Signature
The Reserve Bank of India has today issued the first series of bank notes bearing the signature of Dr. Y. V. Reddy. The bank notes are in the denominations of Rs.5 and Rs.10 and will be distributed through RBI Issue Offices. Except for the signature of the Governor and the inset letter (capital letter `A' in the numbering panel) in the notes of Rs.10 denomination, the new notes will have the same design and security features of Rs.5 and Rs.10 denomination notes in the
The Reserve Bank of India has today issued the first series of bank notes bearing the signature of Dr. Y. V. Reddy. The bank notes are in the denominations of Rs.5 and Rs.10 and will be distributed through RBI Issue Offices. Except for the signature of the Governor and the inset letter (capital letter `A' in the numbering panel) in the notes of Rs.10 denomination, the new notes will have the same design and security features of Rs.5 and Rs.10 denomination notes in the
Oct 15, 2003
Exchange Facility for Public in Malad
With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Malad. The facility will be offered on Friday, October 17, 2003 between 12.30 p.m. and 3.00 p.m. at Dena Bank, Malad Branch, Mumbai. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in the recent past. These include making arran
With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Malad. The facility will be offered on Friday, October 17, 2003 between 12.30 p.m. and 3.00 p.m. at Dena Bank, Malad Branch, Mumbai. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in the recent past. These include making arran
Oct 09, 2003
RBI directs Banks to accept Coins
The Reserve Bank of India has today directed banks to immediately instruct their branches to accept coins of all denominations from any member of public without any restrictions and pay the value in notes. The Reserve Bank has also advised banks to use coin counting machines or accept coins by weight in order to be able to accept large quantities of coins tendered at the bank counters provided the coins are tendered after sorting out. In its letter issued today to the
The Reserve Bank of India has today directed banks to immediately instruct their branches to accept coins of all denominations from any member of public without any restrictions and pay the value in notes. The Reserve Bank has also advised banks to use coin counting machines or accept coins by weight in order to be able to accept large quantities of coins tendered at the bank counters provided the coins are tendered after sorting out. In its letter issued today to the
Sep 24, 2003
Exchange Facility for Public in Fort area
With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins and exchange of soiled/mutilated notes. The facility will be offered on Friday, September 26, 2003 between 11.00 a.m. and 2.30 p.m. at State Bank of India, Main Branch, Fort, Mumbai. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps
With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins and exchange of soiled/mutilated notes. The facility will be offered on Friday, September 26, 2003 between 11.00 a.m. and 2.30 p.m. at State Bank of India, Main Branch, Fort, Mumbai. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps
Sep 12, 2003
Exchange Facility for Public in Worli
With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Worli Seaface. The facility will be offered on Tuesday, September 16, 2003 between 11.30 a.m. and 2.30 p.m. at Punjab National Bank, Worli Seaface, Mumbai-400 038. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in the recent p
With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Worli Seaface. The facility will be offered on Tuesday, September 16, 2003 between 11.30 a.m. and 2.30 p.m. at Punjab National Bank, Worli Seaface, Mumbai-400 038. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in the recent p
Aug 26, 2003
Exchange Facility for Public in Bandra
With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Bandra. The facility will be offered on Thursday, August 28, 2003 between 11.30 a.m. and 2.30 p.m. at Union Bank of India, Hill Road, Bandra (West), Mumbai-400 050. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in the recent
With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Bandra. The facility will be offered on Thursday, August 28, 2003 between 11.30 a.m. and 2.30 p.m. at Union Bank of India, Hill Road, Bandra (West), Mumbai-400 050. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in the recent
Aug 18, 2003
Exchange Facility for Public in Sion
With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Sion. The facility will be offered on Wednesday, August 20, 2003 between 11.30 a.m. and 2.30 p.m. at State Bank of Hyderabad, Sion, Mumbai. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in the recent past. These include makin
With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Sion. The facility will be offered on Wednesday, August 20, 2003 between 11.30 a.m. and 2.30 p.m. at State Bank of Hyderabad, Sion, Mumbai. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in the recent past. These include makin
Aug 02, 2003
Issue of Rs.10 notes in Mahatma Gandhi Series with capital letter "M" inset in numbering panels
The Reserve Bank of India will shortly be issuing Rs.10 notes in Mahatma Gandhi Series with capital letter "M" inset in numbering panel bearing the signature of Dr. Bimal Jalan, Governor. Except for the change in inset letter, 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 in Mahatma Gandhi Series issued by the Bank in the past will continue to be legal tend
The Reserve Bank of India will shortly be issuing Rs.10 notes in Mahatma Gandhi Series with capital letter "M" inset in numbering panel bearing the signature of Dr. Bimal Jalan, Governor. Except for the change in inset letter, 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 in Mahatma Gandhi Series issued by the Bank in the past will continue to be legal tend
Jul 28, 2003
Exchange Facility for Public in Shivaji Park
With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Shivaji Park. The facility will be offered on Wednesday, July 30, 2003 between 11.30 a.m. and 2.30 p.m. at Bank of Baroda, Shivaji Park Branch, Mumbai-400 016. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in the recent past.
With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Shivaji Park. The facility will be offered on Wednesday, July 30, 2003 between 11.30 a.m. and 2.30 p.m. at Bank of Baroda, Shivaji Park Branch, Mumbai-400 016. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in the recent past.
Jul 19, 2003
Exchange Facility for Public in Central Bank of India, Fort Office
With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Central Bank of India, Fort Office. The facility will be offered on Monday, July 21, 2003 between 11.00 a.m. and 2.30 p.m. at Central Bank of India, Fort Office, Mumbai. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in the re
With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Central Bank of India, Fort Office. The facility will be offered on Monday, July 21, 2003 between 11.00 a.m. and 2.30 p.m. at Central Bank of India, Fort Office, Mumbai. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in the re
Jun 26, 2003
Exchange Facility for Public in Pedder Road
With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Pedder Road. The facility will be offered on Friday, June 27, 2003 between 11.30 a.m. and 2.30 p.m. at Allahabad Bank, Pedder Road, Mumbai-400 026. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in the recent past. These inclu
With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Pedder Road. The facility will be offered on Friday, June 27, 2003 between 11.30 a.m. and 2.30 p.m. at Allahabad Bank, Pedder Road, Mumbai-400 026. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in the recent past. These inclu
Jun 12, 2003
Exchange Facility for Public in Matunga
With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Matunga. The facility will be offered on Friday, June 13, 2003 between 11.30 a.m. and 2.30 p.m. at Syndicate Bank, S. M. Building, Matunga Bazar, Matunga, Mumbai. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in the recent pa
With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Matunga. The facility will be offered on Friday, June 13, 2003 between 11.30 a.m. and 2.30 p.m. at Syndicate Bank, S. M. Building, Matunga Bazar, Matunga, Mumbai. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in the recent pa
Jun 05, 2003
RBI appeals to Public to accept only Unstapled Notes
Some sections of the Print Media in their editions dated June 5, 2003, have carried stories on some difficulties and problems in, and plausible reasons, for non-implementation of the Reserve Bank of India’s Directive of November 7, 2001 regarding receipt and payment of cash only in unstapled notes. As the news item is not factual and to remove avoidable confusion, the Reserve Bank clarifies that it had issued the Directive and operative guidelines in November 2001. In
Some sections of the Print Media in their editions dated June 5, 2003, have carried stories on some difficulties and problems in, and plausible reasons, for non-implementation of the Reserve Bank of India’s Directive of November 7, 2001 regarding receipt and payment of cash only in unstapled notes. As the news item is not factual and to remove avoidable confusion, the Reserve Bank clarifies that it had issued the Directive and operative guidelines in November 2001. In
May 30, 2003
Acceptance of Small Coins
The Reserve Bank of India has come across reports in certain sections of the Press and is also receiving complaints that small coins of 5, 10 and 20 paise are not being accepted by banks, commercial organisations and general public for payments on the plea that these coins are no more legal tender. It is clarified that though minting and issue of these coins has been stopped, they have not been withdrawn by Government of India. All such coins issued earlier continue t
The Reserve Bank of India has come across reports in certain sections of the Press and is also receiving complaints that small coins of 5, 10 and 20 paise are not being accepted by banks, commercial organisations and general public for payments on the plea that these coins are no more legal tender. It is clarified that though minting and issue of these coins has been stopped, they have not been withdrawn by Government of India. All such coins issued earlier continue t
May 28, 2003
Exchange Facility for Public in Goregaon (West)
With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Goregaon (West). The facility will be offered on Friday, May 30, 2003 between 11.30 a.m. and 2.30 p.m. at Bank of Baroda, Shanjay Building, Road No.111, Jawahar Nagar, Mumbai. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in
With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Goregaon (West). The facility will be offered on Friday, May 30, 2003 between 11.30 a.m. and 2.30 p.m. at Bank of Baroda, Shanjay Building, Road No.111, Jawahar Nagar, Mumbai. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in
May 23, 2003
Clean Note Policy - RBI Deputy Governor meets Bankers in Southern Region
Shri Vepa Kamesam, Deputy Governor, Reserve Bank of India today held a meeting with Chairmen and Managing Directors of banks in the Southern Region comprising states of Tamil Nadu, Karnataka, Andhra Pradesh and Kerala and of controlling officials of other banks in the Issue Circle of Tamil Nadu and Pondicherry. The meeting was held in Chennai.Achievements of banks against targets and deadline set for destapling and segregation of notes into soiled and reissuables and
Shri Vepa Kamesam, Deputy Governor, Reserve Bank of India today held a meeting with Chairmen and Managing Directors of banks in the Southern Region comprising states of Tamil Nadu, Karnataka, Andhra Pradesh and Kerala and of controlling officials of other banks in the Issue Circle of Tamil Nadu and Pondicherry. The meeting was held in Chennai.Achievements of banks against targets and deadline set for destapling and segregation of notes into soiled and reissuables and
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