Press Releases - ಆರ್ಬಿಐ - Reserve Bank of India
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Press Releases
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ನವೆಂ 29, 2023₹2000 Denomination Banknotes - Withdrawal from Circulation; Will continue as Legal Tender
The ₹2000 denomination banknote was introduced in November 2016 under Section 24(1) of RBI Act, 1934, primarily to meet the currency requirement of the economy in an expeditious manner after the withdrawal of legal tender status of all ₹500 and ₹1000 banknotes in circulation at that time. The objective of introducing ₹2000 banknotes was met once banknotes in other denominations became available in adequate quantities. Therefore, printing of ₹2000 banknotes was stopped
The ₹2000 denomination banknote was introduced in November 2016 under Section 24(1) of RBI Act, 1934, primarily to meet the currency requirement of the economy in an expeditious manner after the withdrawal of legal tender status of all ₹500 and ₹1000 banknotes in circulation at that time. The objective of introducing ₹2000 banknotes was met once banknotes in other denominations became available in adequate quantities. Therefore, printing of ₹2000 banknotes was stopped
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ನವೆಂ 29, 2023₹2000 Denomination Banknotes - Withdrawal from Circulation; Will continue as Legal Tender
The ₹2000 denomination banknote was introduced in November 2016 under Section 24(1) of RBI Act, 1934, primarily to meet the currency requirement of the economy in an expeditious manner after the withdrawal of legal tender status of all ₹500 and ₹1000 banknotes in circulation at that time. The objective of introducing ₹2000 banknotes was met once banknotes in other denominations became available in adequate quantities. Therefore, printing of ₹2000 banknotes was stopped
The ₹2000 denomination banknote was introduced in November 2016 under Section 24(1) of RBI Act, 1934, primarily to meet the currency requirement of the economy in an expeditious manner after the withdrawal of legal tender status of all ₹500 and ₹1000 banknotes in circulation at that time. The objective of introducing ₹2000 banknotes was met once banknotes in other denominations became available in adequate quantities. Therefore, printing of ₹2000 banknotes was stopped
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ಆಗ 01, 2023Withdrawal of ₹2000 Denomination Banknotes – StatusThe Reserve Bank of India had announced the withdrawal of ₹2000 banknotes from circulation vide Press Release 2023-2024/257 dated May 19, 2023. The total value of ₹2000 banknotes in circulation, which amounted to ₹3.62 lakh crore on March 31, 2023 had declined to ₹3.56 lakh crore as at the close of business on May 19, 2023. A status of withdrawal of ₹2000 banknotes was published by the RBI in Press Release No. 2023-2024/522 dated July 3rd, 2023. According to the dataThe Reserve Bank of India had announced the withdrawal of ₹2000 banknotes from circulation vide Press Release 2023-2024/257 dated May 19, 2023. The total value of ₹2000 banknotes in circulation, which amounted to ₹3.62 lakh crore on March 31, 2023 had declined to ₹3.56 lakh crore as at the close of business on May 19, 2023. A status of withdrawal of ₹2000 banknotes was published by the RBI in Press Release No. 2023-2024/522 dated July 3rd, 2023. According to the data
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ಜುಲೈ 27, 2023Reserve Bank of India clarifies on Star Series BanknotesIt has come to the notice of the Reserve Bank that the validity of banknotes with a Star (*) symbol present on the number panel has recently been the subject of discussions on some social media platforms. In this connection, it is informed that the Star (*) symbol is inserted in the number panel of a banknote that is used as replacement for defectively printed banknotes in a packet of 100 pieces of serially numbered banknotes. A banknote with a Star (*) symbol is idenIt has come to the notice of the Reserve Bank that the validity of banknotes with a Star (*) symbol present on the number panel has recently been the subject of discussions on some social media platforms. In this connection, it is informed that the Star (*) symbol is inserted in the number panel of a banknote that is used as replacement for defectively printed banknotes in a packet of 100 pieces of serially numbered banknotes. A banknote with a Star (*) symbol is iden
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ಜುಲೈ 03, 2023Withdrawal of ₹2000 Denomination Banknotes - StatusThe Reserve Bank of India had announced the withdrawal of ₹2000 banknotes from circulation vide Press Release 2023-2024/257 dated May 19, 2023. The total value of ₹2000 banknotes in circulation, which amounted to ₹3.62 lakh crore on March 31, 2023 had declined to ₹3.56 lakh crore as at the close of business on May 19, 2023. According to the data received from the banks, the total value of ₹2000 banknotes received back from circulation after the announcement on May 19The Reserve Bank of India had announced the withdrawal of ₹2000 banknotes from circulation vide Press Release 2023-2024/257 dated May 19, 2023. The total value of ₹2000 banknotes in circulation, which amounted to ₹3.62 lakh crore on March 31, 2023 had declined to ₹3.56 lakh crore as at the close of business on May 19, 2023. According to the data received from the banks, the total value of ₹2000 banknotes received back from circulation after the announcement on May 19
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ಜೂನ್ 17, 2023Clarification on BanknoteThe Reserve Bank of India (RBI) has come across reports circulating in certain sections of the media alleging missing of banknotes printed by banknote printing presses. The RBI emphasizes that these reports are not correct. These reports are based on erroneous interpretation of information collected under the Right to Information Act, 2005 from the printing presses. It may be noted that all banknotes supplied from printing presses to RBI are properly accounted for. ItThe Reserve Bank of India (RBI) has come across reports circulating in certain sections of the media alleging missing of banknotes printed by banknote printing presses. The RBI emphasizes that these reports are not correct. These reports are based on erroneous interpretation of information collected under the Right to Information Act, 2005 from the printing presses. It may be noted that all banknotes supplied from printing presses to RBI are properly accounted for. It
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ಮೇ 30, 2023₹2000 Denomination Banknotes - Withdrawal from Circulation; Will continue as Legal Tender
The ₹2000 denomination banknote was introduced in November 2016 under Section 24(1) of RBI Act, 1934, primarily to meet the currency requirement of the economy in an expeditious manner after the withdrawal of legal tender status of all ₹500 and ₹1000 banknotes in circulation at that time. The objective of introducing ₹2000 banknotes was met once banknotes in other denominations became available in adequate quantities. Therefore, printing of ₹2000 banknotes was stopped
The ₹2000 denomination banknote was introduced in November 2016 under Section 24(1) of RBI Act, 1934, primarily to meet the currency requirement of the economy in an expeditious manner after the withdrawal of legal tender status of all ₹500 and ₹1000 banknotes in circulation at that time. The objective of introducing ₹2000 banknotes was met once banknotes in other denominations became available in adequate quantities. Therefore, printing of ₹2000 banknotes was stopped
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ಮೇ 19, 2023₹2000 Denomination Banknotes - Withdrawal from Circulation; Will continue as Legal Tender
The ₹2000 denomination banknote was introduced in November 2016 under Section 24(1) of RBI Act, 1934, primarily to meet the currency requirement of the economy in an expeditious manner after the withdrawal of legal tender status of all ₹500 and ₹1000 banknotes in circulation at that time. The objective of introducing ₹2000 banknotes was met once banknotes in other denominations became available in adequate quantities. Therefore, printing of ₹2000 banknotes was stopped
The ₹2000 denomination banknote was introduced in November 2016 under Section 24(1) of RBI Act, 1934, primarily to meet the currency requirement of the economy in an expeditious manner after the withdrawal of legal tender status of all ₹500 and ₹1000 banknotes in circulation at that time. The objective of introducing ₹2000 banknotes was met once banknotes in other denominations became available in adequate quantities. Therefore, printing of ₹2000 banknotes was stopped
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ಮೇ 03, 2023Report on Currency and Finance (RCF) for the year 2022-23The Reserve Bank of India has released the Report on Currency and Finance (RCF) for the year 2022-23 today. The theme of the Report is “Towards a Greener Cleaner India”. The Report reflects the views of the contributors and not of the Reserve Bank. Highlights The Report covers four major dimensions of climate change to assess future challenges to sustainable high growth in India, namely, the unprecedented scale and pace of climate change; its macroeconomic effects; imThe Reserve Bank of India has released the Report on Currency and Finance (RCF) for the year 2022-23 today. The theme of the Report is “Towards a Greener Cleaner India”. The Report reflects the views of the contributors and not of the Reserve Bank. Highlights The Report covers four major dimensions of climate change to assess future challenges to sustainable high growth in India, namely, the unprecedented scale and pace of climate change; its macroeconomic effects; im
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ಸೆಪ್ಟೆಂ 21, 2022MANI (Mobile Aided Note Identifier) - Introduction of multi-lingual audio notificationThe MANI App was launched on January 01, 2020 for aiding visually impaired persons to identify the denomination of Indian Banknotes. This App, which identifies the denomination of banknotes through audio notification in Hindi and English, is now capable of notifying the banknote denomination in 11 other languages (Assamese, Bengali, Gujarati, Kannada, Malayalam, Marathi, Odia, Punjabi, Tamil, Telugu, Urdu). The MANI application is free and can be downloaded from the AThe MANI App was launched on January 01, 2020 for aiding visually impaired persons to identify the denomination of Indian Banknotes. This App, which identifies the denomination of banknotes through audio notification in Hindi and English, is now capable of notifying the banknote denomination in 11 other languages (Assamese, Bengali, Gujarati, Kannada, Malayalam, Marathi, Odia, Punjabi, Tamil, Telugu, Urdu). The MANI application is free and can be downloaded from the A
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ಸೆಪ್ಟೆಂ 21, 2022MANI (Mobile Aided Note Identifier) - Introduction of multi-lingual audio notification test 1The MANI App was launched on January 01, 2020 for aiding visually impaired persons to identify the denomination of Indian Banknotes. This App, which identifies the denomination of banknotes through audio notification in Hindi and English, is now capable of notifying the banknote denomination in 11 other languages (Assamese, Bengali, Gujarati, Kannada, Malayalam, Marathi, Odia, Punjabi, Tamil, Telugu, Urdu). The MANI application is free and can be downloaded from the AThe MANI App was launched on January 01, 2020 for aiding visually impaired persons to identify the denomination of Indian Banknotes. This App, which identifies the denomination of banknotes through audio notification in Hindi and English, is now capable of notifying the banknote denomination in 11 other languages (Assamese, Bengali, Gujarati, Kannada, Malayalam, Marathi, Odia, Punjabi, Tamil, Telugu, Urdu). The MANI application is free and can be downloaded from the A
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ಜೂನ್ 06, 2022RBI clarifies: No change in existing Currency and BanknotesThere are reports in certain sections of the media that the Reserve Bank of India is considering changes to the existing currency and banknotes by replacing the face of Mahatma Gandhi with that of others. It may be noted that there is no such proposal in the Reserve Bank. (Yogesh Dayal) Chief General Manager Press Release: 2022-2023/314There are reports in certain sections of the media that the Reserve Bank of India is considering changes to the existing currency and banknotes by replacing the face of Mahatma Gandhi with that of others. It may be noted that there is no such proposal in the Reserve Bank. (Yogesh Dayal) Chief General Manager Press Release: 2022-2023/314
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ಏಪ್ರಿ 29, 2022Report on Currency and Finance (RCF) for the year 2021-22The Reserve Bank of India has released the Report on Currency and Finance (RCF) for the year 2021-22 today. The theme of the Report is “Revive and Reconstruct” in the context of nurturing a durable recovery post-COVID and raising trend growth in the medium-term. The Report reflects the views of the contributors and not of the Reserve Bank. Highlights The blueprint of reforms proposed in the Report revolves around seven wheels of economic progress viz., aggregate demanThe Reserve Bank of India has released the Report on Currency and Finance (RCF) for the year 2021-22 today. The theme of the Report is “Revive and Reconstruct” in the context of nurturing a durable recovery post-COVID and raising trend growth in the medium-term. The Report reflects the views of the contributors and not of the Reserve Bank. Highlights The blueprint of reforms proposed in the Report revolves around seven wheels of economic progress viz., aggregate deman
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ಮಾರ್ಚ್ 28, 2022RBI Governor lays Foundation Stone of Learning and Development Centre (LDC) of BRBNMPLShri Shaktikanta Das, Governor, Reserve Bank of India (RBI), laid foundation stone for the establishment of a Learning and Development Centre (LDC) of the Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), a wholly owned subsidiary of RBI, today (March 28, 2022) in Mysuru. In his address, Governor highlighted the importance of setting up such a centre which will facilitate human resource capacity building in the currency production ecosystem of the countryShri Shaktikanta Das, Governor, Reserve Bank of India (RBI), laid foundation stone for the establishment of a Learning and Development Centre (LDC) of the Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), a wholly owned subsidiary of RBI, today (March 28, 2022) in Mysuru. In his address, Governor highlighted the importance of setting up such a centre which will facilitate human resource capacity building in the currency production ecosystem of the country
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ಮಾರ್ಚ್ 28, 2022RBI Governor dedicates Varnika Ink Manufacturing Unit of BRBNMPL to the NationShri Shaktikanta Das, Governor, Reserve Bank of India (RBI), dedicated Varnika, the Ink Manufacturing Unit of Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), a wholly owned subsidiary of RBI to the nation today (March 28, 2022) in Mysuru. In his address, Governor recognised the substantial progress made towards achieving self-reliance in banknote production ecosystem in India. He emphasised the importance of continuously building capacity (in terms peoplShri Shaktikanta Das, Governor, Reserve Bank of India (RBI), dedicated Varnika, the Ink Manufacturing Unit of Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), a wholly owned subsidiary of RBI to the nation today (March 28, 2022) in Mysuru. In his address, Governor recognised the substantial progress made towards achieving self-reliance in banknote production ecosystem in India. He emphasised the importance of continuously building capacity (in terms peopl
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ಆಗ 04, 2021RBI cautions the public not to fall prey to fictitious offers of buying/ selling of Old Banknotes and CoinsIt has come to the notice of Reserve Bank of India that certain elements are fraudulently using the name/ logo of Reserve Bank of India, and seeking charges/ commission/ tax from public, in transactions related to buying and selling of old banknotes and coins through various online/ offline platforms. It is clarified that Reserve Bank of India does not deal in such matters and never seeks charges/ commissions of any sort. Reserve Bank of India has also not authorisedIt has come to the notice of Reserve Bank of India that certain elements are fraudulently using the name/ logo of Reserve Bank of India, and seeking charges/ commission/ tax from public, in transactions related to buying and selling of old banknotes and coins through various online/ offline platforms. It is clarified that Reserve Bank of India does not deal in such matters and never seeks charges/ commissions of any sort. Reserve Bank of India has also not authorised
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ಜನವರಿ 01, 2020Launch of Mobile Aided Note Identifier (MANI) by RBIRBI Governor today launched the “Mobile Aided Note Identifier (MANI)”, a mobile application for aiding visually impaired persons to identify the denomination of Indian Banknotes. Indian banknotes contain several features which enable the visually impaired (colour blind, partially sighted and blind people) to identify them, viz., intaglio printing and tactile mark, variable banknote size, large numerals, variable colour, monochromatic hues and patterns. Technological pRBI Governor today launched the “Mobile Aided Note Identifier (MANI)”, a mobile application for aiding visually impaired persons to identify the denomination of Indian Banknotes. Indian banknotes contain several features which enable the visually impaired (colour blind, partially sighted and blind people) to identify them, viz., intaglio printing and tactile mark, variable banknote size, large numerals, variable colour, monochromatic hues and patterns. Technological p
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ಜೂನ್ 26, 2019Public can continue to accept all the coins as legal tender: RBIThe Reserve Bank of India puts into circulation coins minted by the Government of India. These coins have distinctive features. Coins in new denominations to meet transaction needs of public and coins in new designs to reflect various themes - economic, social and cultural - are introduced from time to time. As coins remain in circulation for a longer period, coins of different designs and sizes circulate at the same time. Presently, coins of 50 paise, ₹ 1/-, 2/-, 5/-The Reserve Bank of India puts into circulation coins minted by the Government of India. These coins have distinctive features. Coins in new denominations to meet transaction needs of public and coins in new designs to reflect various themes - economic, social and cultural - are introduced from time to time. As coins remain in circulation for a longer period, coins of different designs and sizes circulate at the same time. Presently, coins of 50 paise, ₹ 1/-, 2/-, 5/-
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ಮೇ 20, 2019Issue of ₹10 Denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Shaktikanta Das, GovernorThe Reserve Bank of India will shortly issue ₹10 denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Shaktikanta Das, Governor. The design of these notes is similar in all respects to ₹10 banknotes in Mahatma Gandhi (New) Series. All banknotes in the denomination of ₹10 issued by the Reserve Bank in the past will continue to be legal tender. Yogesh Dayal Chief General Manager Press Release : 2018-2019/2717The Reserve Bank of India will shortly issue ₹10 denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Shaktikanta Das, Governor. The design of these notes is similar in all respects to ₹10 banknotes in Mahatma Gandhi (New) Series. All banknotes in the denomination of ₹10 issued by the Reserve Bank in the past will continue to be legal tender. Yogesh Dayal Chief General Manager Press Release : 2018-2019/2717
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ಏಪ್ರಿ 26, 2019RBI Introduces ₹ 20 banknote in Mahatma Gandhi (New) SeriesThe Reserve Bank of India will shortly issue ₹ 20 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Shri Shaktikanta Das, Governor, Reserve Bank of India. The new denomination has motif of Ellora Caves on the reverse, depicting the country's cultural heritage. The base colour of the note is Greenish Yellow. The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse. All the bankThe Reserve Bank of India will shortly issue ₹ 20 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Shri Shaktikanta Das, Governor, Reserve Bank of India. The new denomination has motif of Ellora Caves on the reverse, depicting the country's cultural heritage. The base colour of the note is Greenish Yellow. The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse. All the bank
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ಏಪ್ರಿ 23, 2019Issue of ₹ 500 Denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Shaktikanta Das, GovernorThe Reserve Bank of India will shortly issue ₹ 500 denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Shaktikanta Das, Governor. The design of these notes is similar in all respects to ₹ 500 banknotes in Mahatma Gandhi (New) Series. All banknotes in the denomination of ₹ 500 in Mahatma Gandhi (New) Series issued by the Reserve Bank in the past will continue to be legal tender. Yogesh Dayal Chief General Manager Press Release: 2018-2019The Reserve Bank of India will shortly issue ₹ 500 denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Shaktikanta Das, Governor. The design of these notes is similar in all respects to ₹ 500 banknotes in Mahatma Gandhi (New) Series. All banknotes in the denomination of ₹ 500 in Mahatma Gandhi (New) Series issued by the Reserve Bank in the past will continue to be legal tender. Yogesh Dayal Chief General Manager Press Release: 2018-2019
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ಏಪ್ರಿ 23, 2019Issue of ₹ 200 Denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Shaktikanta Das, GovernorThe Reserve Bank of India will shortly issue ₹ 200 denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Shaktikanta Das, Governor. The design of these notes is similar in all respects to ₹ 200 banknotes in Mahatma Gandhi (New) Series. All banknotes in the denomination of ₹ 200 issued by the Reserve Bank in the past will continue to be legal tender. Yogesh Dayal Chief General Manager Press Release: 2018-2019/2513The Reserve Bank of India will shortly issue ₹ 200 denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Shaktikanta Das, Governor. The design of these notes is similar in all respects to ₹ 200 banknotes in Mahatma Gandhi (New) Series. All banknotes in the denomination of ₹ 200 issued by the Reserve Bank in the past will continue to be legal tender. Yogesh Dayal Chief General Manager Press Release: 2018-2019/2513
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ಏಪ್ರಿ 16, 2019Issue of ₹50 Denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Shaktikanta Das, GovernorThe Reserve Bank of India will today issue ₹ 50 denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Shaktikanta Das, Governor. The design of these notes is similar in all respects to ₹ 50 banknotes in Mahatma Gandhi (New) Series. All banknotes in the denomination of ₹ 50 issued by the Reserve Bank in the past will continue to be legal tender. Yogesh Dayal Chief General Manager Press Release: 2018-2019/2467The Reserve Bank of India will today issue ₹ 50 denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Shaktikanta Das, Governor. The design of these notes is similar in all respects to ₹ 50 banknotes in Mahatma Gandhi (New) Series. All banknotes in the denomination of ₹ 50 issued by the Reserve Bank in the past will continue to be legal tender. Yogesh Dayal Chief General Manager Press Release: 2018-2019/2467
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ಫೆಬ್ರವರಿ 26, 2019Issue of ₹ 100 Denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Shaktikanta Das, GovernorThe Reserve Bank of India will shortly issue ₹ 100 denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Shaktikanta Das, Governor. The design of these notes is similar in all respects to ₹ 100 Banknotes in Mahatma Gandhi (New) Series. All Banknotes in the denomination of ₹ 100 issued by the Reserve Bank in the past will continue to be legal tender. Jose J. Kattoor Chief General Manager Press Release : 2018-2019/2029The Reserve Bank of India will shortly issue ₹ 100 denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Shaktikanta Das, Governor. The design of these notes is similar in all respects to ₹ 100 Banknotes in Mahatma Gandhi (New) Series. All Banknotes in the denomination of ₹ 100 issued by the Reserve Bank in the past will continue to be legal tender. Jose J. Kattoor Chief General Manager Press Release : 2018-2019/2029
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ಜುಲೈ 19, 2018RBI to Issue New Design ₹ 100 Denomination BanknoteThe Reserve Bank of India will shortly issue ₹ 100 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India. The new denomination has Motif of “RANI KI VAV” on the reverse, depicting the country’s cultural heritage. The base colour of the note is Lavender. The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse. Dimension of the baThe Reserve Bank of India will shortly issue ₹ 100 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India. The new denomination has Motif of “RANI KI VAV” on the reverse, depicting the country’s cultural heritage. The base colour of the note is Lavender. The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse. Dimension of the ba
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ಏಪ್ರಿ 17, 2018RBI clarifies that there is no currency shortageIt has been reported in a section of the media that there is shortage of currency in certain parts of the country. It is clarified at the outset that there is sufficient cash in the RBI vaults and currency chests. Nevertheless, printing of the notes has been ramped up in all the 4 note presses.The shortage may be felt in some pockets largely due to logistical issues of replenishing ATMs frequently and the recalibration of ATMs being still underway. RBI is closely moniIt has been reported in a section of the media that there is shortage of currency in certain parts of the country. It is clarified at the outset that there is sufficient cash in the RBI vaults and currency chests. Nevertheless, printing of the notes has been ramped up in all the 4 note presses.The shortage may be felt in some pockets largely due to logistical issues of replenishing ATMs frequently and the recalibration of ATMs being still underway. RBI is closely moni
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ಜನವರಿ 17, 2018RBI reiterates legal tender status of ₹ 10 coins of different designsIt has come to the notice of the Reserve Bank that in certain places there is reluctance on part of traders and members of public to accept ₹ 10 coins due to suspicion about their genuineness. It is clarified that the Reserve Bank puts into circulation, the coins minted by mints, which are under the Government of India. These coins have distinctive features to reflect various themes of economic, social and cultural values and are introduced from time to time. As coinsIt has come to the notice of the Reserve Bank that in certain places there is reluctance on part of traders and members of public to accept ₹ 10 coins due to suspicion about their genuineness. It is clarified that the Reserve Bank puts into circulation, the coins minted by mints, which are under the Government of India. These coins have distinctive features to reflect various themes of economic, social and cultural values and are introduced from time to time. As coins
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ಜನವರಿ 05, 2018RBI Introduces ₹ 10 banknote in Mahatma Gandhi (New) SeriesThe Reserve Bank of India will shortly issue ₹ 10 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India. The new denomination has motif of Sun Temple, Konark on the reverse, depicting the country's cultural heritage. The base colour of the note is Chocolate Brown. The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse. All theThe Reserve Bank of India will shortly issue ₹ 10 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India. The new denomination has motif of Sun Temple, Konark on the reverse, depicting the country's cultural heritage. The base colour of the note is Chocolate Brown. The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse. All the
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ಸೆಪ್ಟೆಂ 10, 2017RBI says it uses sophisticated machines for processing currency notesIt has been reported in a section of the press, quoting a reply to RTI application, that RBI was not using machines for counting Specified Bank Notes (SBNs). RBI actually uses sophisticated Currency Verification & Processing (CVPS) machines for checking the numerical accuracy and genuineness of the currency notes, including SBNs. These machines are way superior to the note counting machines. With a view to augmenting processing capacity, RBI is using the availableIt has been reported in a section of the press, quoting a reply to RTI application, that RBI was not using machines for counting Specified Bank Notes (SBNs). RBI actually uses sophisticated Currency Verification & Processing (CVPS) machines for checking the numerical accuracy and genuineness of the currency notes, including SBNs. These machines are way superior to the note counting machines. With a view to augmenting processing capacity, RBI is using the available
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ಆಗ 25, 2017RBI to ramp up supply of ₹ 200 notes shortlyThe Reserve Bank of India introduced the ₹ 200 denomination notes today. Introduction of this denomination is expected to facilitate exchange transactions for the common man and provide complete series of denomination for transactions at the lower end. These notes are available only through select RBI offices and banks as is normal when a new denomination of notes is introduced and the supply increases gradually. However, the production of these notes is being rampedThe Reserve Bank of India introduced the ₹ 200 denomination notes today. Introduction of this denomination is expected to facilitate exchange transactions for the common man and provide complete series of denomination for transactions at the lower end. These notes are available only through select RBI offices and banks as is normal when a new denomination of notes is introduced and the supply increases gradually. However, the production of these notes is being ramped
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ಆಗ 24, 2017RBI Introduces ₹ 200 denomination banknoteThe Reserve Bank of India will issue on August 25, 2017 ₹ 200 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India from select RBI offices, and some banks. The new denomination has Motif of Sanchi Stupa on the reverse, depicting the country’s cultural heritage. The base colour of the note is Bright Yellow. The note has other designs, geometric patterns aligning with the overall colour schemThe Reserve Bank of India will issue on August 25, 2017 ₹ 200 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India from select RBI offices, and some banks. The new denomination has Motif of Sanchi Stupa on the reverse, depicting the country’s cultural heritage. The base colour of the note is Bright Yellow. The note has other designs, geometric patterns aligning with the overall colour schem
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ಆಗ 24, 2017Reserve Bank says introduction of ₹ 200 notes will facilitate ease of transactionsIntroduction of a new currency denomination and design is done keeping in consideration various factors like ease of transactions for the common man, replacement of soiled banknotes, inflation and the need for combating counterfeiting. Providing the Missing Link The optimal system of denominations of currency (coins and notes) is one that would minimize the number of denominations and concurrently increase the probability of proffering exact change. So, what should beIntroduction of a new currency denomination and design is done keeping in consideration various factors like ease of transactions for the common man, replacement of soiled banknotes, inflation and the need for combating counterfeiting. Providing the Missing Link The optimal system of denominations of currency (coins and notes) is one that would minimize the number of denominations and concurrently increase the probability of proffering exact change. So, what should be
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ಆಗ 18, 2017RBI Introduces ₹ 50 banknote in Mahatma Gandhi (New) SeriesThe Reserve Bank of India will shortly issue ₹ 50 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India. The new denomination has motif of Hampi with Chariot on the reverse, depicting the country’s cultural heritage. The base colour of the note is Fluorescent Blue. The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse. All theThe Reserve Bank of India will shortly issue ₹ 50 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India. The new denomination has motif of Hampi with Chariot on the reverse, depicting the country’s cultural heritage. The base colour of the note is Fluorescent Blue. The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse. All the
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ಆಗ 11, 2017RBI Clarifies On Quality Control Measures In Currency Note PrintingThe process and system followed for production of Indian banknotes are at par with the best practices adopted globally. In line with the same, banknote quality is maintained well within the various tolerance parameters for dimension, placement of design, print features etc. The currency printing presses are equipped with state of the art machinery, documented systems and technically qualified personnel through which quality control is ensured at each stage of banknoteThe process and system followed for production of Indian banknotes are at par with the best practices adopted globally. In line with the same, banknote quality is maintained well within the various tolerance parameters for dimension, placement of design, print features etc. The currency printing presses are equipped with state of the art machinery, documented systems and technically qualified personnel through which quality control is ensured at each stage of banknote
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ಜುಲೈ 19, 2017Issue of ₹ 20/- banknotes in Mahatma Gandhi series-2005 with the inset letter 'S’ in the number panels, and signature of Dr. Urjit R. Patel, GovernorThe Reserve Bank of India will shortly issue ₹ 20/- denomination banknotes in the Mahatma Gandhi Series, with the inset letter 'S' in both the number panels. The design of these banknotes to be issued now is similar in all respects to the ₹ 20/- banknotes in the same series issued earlier (For details- refer Press Release No. 2016-2017/678 dated September 15, 2016). All the banknotes in the denomination of ₹ 20/- issued by the Bank in the past will continue to be legaThe Reserve Bank of India will shortly issue ₹ 20/- denomination banknotes in the Mahatma Gandhi Series, with the inset letter 'S' in both the number panels. The design of these banknotes to be issued now is similar in all respects to the ₹ 20/- banknotes in the same series issued earlier (For details- refer Press Release No. 2016-2017/678 dated September 15, 2016). All the banknotes in the denomination of ₹ 20/- issued by the Bank in the past will continue to be lega
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ಜೂನ್ 29, 2017Issue of ₹ 10 coin to commemorate the occasion of “150th Birth Anniversary of Shrimad Rajchandra”The Government of India has minted the above mentioned coin which the Reserve Bank of India will shortly put into circulation. The coin has been released by the Hon’ble Prime Minister of India. The design details of the coin as notified in The Gazette of India-Extraordinary- Part II-Section 3-Sub-section (i) – G.S.R.641(E) dated June 23, 2017 issued by the Ministry of Finance, Department of Economic Affairs, New Delhi are as follows— Obverse- The face of the coin shalThe Government of India has minted the above mentioned coin which the Reserve Bank of India will shortly put into circulation. The coin has been released by the Hon’ble Prime Minister of India. The design details of the coin as notified in The Gazette of India-Extraordinary- Part II-Section 3-Sub-section (i) – G.S.R.641(E) dated June 23, 2017 issued by the Ministry of Finance, Department of Economic Affairs, New Delhi are as follows— Obverse- The face of the coin shal
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ಜೂನ್ 13, 2017Issue of ₹ 500 banknotes with inset letter ‘A’In continuation of issuing of ₹ 500 denomination banknotes in Mahatma Gandhi (new) series from time to time which are currently legal tender, a new batch of banknotes with inset letter “A” in both the number panels, bearing the signature of Dr. Urjit R. Patel Governor, Reserve Bank of India; with the year of printing '2017’ on the reverse, are being issued. The design of these notes is similar in all respects to the ₹ 500 banknotes in Mahatma Gandhi (New) Series whichIn continuation of issuing of ₹ 500 denomination banknotes in Mahatma Gandhi (new) series from time to time which are currently legal tender, a new batch of banknotes with inset letter “A” in both the number panels, bearing the signature of Dr. Urjit R. Patel Governor, Reserve Bank of India; with the year of printing '2017’ on the reverse, are being issued. The design of these notes is similar in all respects to the ₹ 500 banknotes in Mahatma Gandhi (New) Series which
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ಮೇ 30, 2017Issue of Re. 1 denomination currency notes with Rupee symbol (₹) and the inset letter ‘L’The Reserve Bank of India will soon put into circulation currency notes in one rupee denomination. The notes have been printed by the Government of India. These currency notes are legal tender as provided in The Coinage Act 2011. The existing currency notes in this denomination in circulation will also continue to be legal tender. Dimensions and paper composition of One Rupee Currency Note as indicated in the Notification No G.S.R. 516(E) dated May 25, 2017 by the MinThe Reserve Bank of India will soon put into circulation currency notes in one rupee denomination. The notes have been printed by the Government of India. These currency notes are legal tender as provided in The Coinage Act 2011. The existing currency notes in this denomination in circulation will also continue to be legal tender. Dimensions and paper composition of One Rupee Currency Note as indicated in the Notification No G.S.R. 516(E) dated May 25, 2017 by the Min
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ಏಪ್ರಿ 26, 2017Issue of ₹ 10 coins to commemorate the occasion of "One Hundred Twenty-fifth Year of National Archives of India"The Government of India has minted the above mentioned coins which the Reserve Bank of India will shortly put into circulation. The design details of these coins as notified in The Gazette of India-Extraordinary- Part II-Section 3-Sub-section (i) – G.S.R.197(E) dated February 26, 2016 issued by the Ministry of Finance, Department of Economic Affairs, New Delhi are as follows— Obverse- The face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre withThe Government of India has minted the above mentioned coins which the Reserve Bank of India will shortly put into circulation. The design details of these coins as notified in The Gazette of India-Extraordinary- Part II-Section 3-Sub-section (i) – G.S.R.197(E) dated February 26, 2016 issued by the Ministry of Finance, Department of Economic Affairs, New Delhi are as follows— Obverse- The face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with
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ಏಪ್ರಿ 26, 2017Issue of ₹ 5 coins to commemorate the occasion of "150th Anniversary of Allahabad High Court”The Government of India has minted the above mentioned coins which the Reserve Bank of India will shortly put into circulation. The design details of these coins as notified in The Gazette of India-Extraordinary- Part II-Section 3-Sub-section (i) – G.S.R.191(E) dated February 23, 2016 issued by the Ministry of Finance, Department of Economic Affairs, New Delhi are as follows— Obverse- The face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre withThe Government of India has minted the above mentioned coins which the Reserve Bank of India will shortly put into circulation. The design details of these coins as notified in The Gazette of India-Extraordinary- Part II-Section 3-Sub-section (i) – G.S.R.191(E) dated February 23, 2016 issued by the Ministry of Finance, Department of Economic Affairs, New Delhi are as follows— Obverse- The face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with
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ಮಾರ್ಚ್ 09, 2017Issue of ₹ 10 banknotes with improved security featuresThe Reserve Bank of India will shortly issue ₹ 10 denomination banknotes in the Mahatma Gandhi Series-2005 with inset letter 'L' in both the number panels, bearing the signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India, and the year of printing ‘2017’ printed on the reverse of the banknote. The numerals in both the number panels of these banknotes are in the ascending size from left to right while the first three alpha-numeric characters (prefix) remainThe Reserve Bank of India will shortly issue ₹ 10 denomination banknotes in the Mahatma Gandhi Series-2005 with inset letter 'L' in both the number panels, bearing the signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India, and the year of printing ‘2017’ printed on the reverse of the banknote. The numerals in both the number panels of these banknotes are in the ascending size from left to right while the first three alpha-numeric characters (prefix) remain
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ಫೆಬ್ರವರಿ 03, 2017Issue of ₹ 100 banknotes with the inset letter ‘R’The Reserve Bank of India will shortly issue ₹ 100 denomination banknotes in the Mahatma Gandhi Series-2005, with the inset letter ‘R’ in both the number panels, bearing the signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India, and the year of printing '2017' printed on the reverse of the banknote. The design of these banknotes to be issued now are similar in all respects to the ₹ 100 banknotes in Mahatma Gandhi Series- 2005 issued earlier having ascendingThe Reserve Bank of India will shortly issue ₹ 100 denomination banknotes in the Mahatma Gandhi Series-2005, with the inset letter ‘R’ in both the number panels, bearing the signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India, and the year of printing '2017' printed on the reverse of the banknote. The design of these banknotes to be issued now are similar in all respects to the ₹ 100 banknotes in Mahatma Gandhi Series- 2005 issued earlier having ascending
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ಜನವರಿ 05, 2017Clarification regarding Specified Bank Notes (SBNs)There had been various estimates on SBNs tendered in certain sections. We would like to clarify that the periodical SBN figures released by us were based on aggregation of accounting entries done at the large no of Currency Chests all over the country. Now that the Scheme has come to an end on December 30, 2016, these figures would need to be reconciled with the physical cash balances to eliminate accounting errors/ possible double counts etc. RBI has already initiateThere had been various estimates on SBNs tendered in certain sections. We would like to clarify that the periodical SBN figures released by us were based on aggregation of accounting entries done at the large no of Currency Chests all over the country. Now that the Scheme has come to an end on December 30, 2016, these figures would need to be reconciled with the physical cash balances to eliminate accounting errors/ possible double counts etc. RBI has already initiate
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ಡಿಸೆಂ 31, 2016RBI introduces Facility for Citizens and NRIs who were Abroad for Exchange of SBNsThe Reserve Bank of India has introduced a facility of exchange of specified bank notes (SBNs) to give an opportunity to Indian citizens and non resident Indian (NRI) citizens who were abroad during November 9, 2016 to December 30, 2016. Resident Indian citizens who were abroad during November 9, 2016 to December 30, 2016 can avail this facility upto March 31, 2017 and Non Resident Indian citizens who were abroad during November 9, 2016 to December 30, 2016 can availThe Reserve Bank of India has introduced a facility of exchange of specified bank notes (SBNs) to give an opportunity to Indian citizens and non resident Indian (NRI) citizens who were abroad during November 9, 2016 to December 30, 2016. Resident Indian citizens who were abroad during November 9, 2016 to December 30, 2016 can avail this facility upto March 31, 2017 and Non Resident Indian citizens who were abroad during November 9, 2016 to December 30, 2016 can avail
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ಡಿಸೆಂ 29, 2016Issue of ₹ 20 banknotes without inset letter, with numerals in ascending size in number panels and without intaglio printingThe Reserve Bank of India will shortly issue ₹ 20 denomination banknotes in the Mahatma Gandhi Series-2005, without inset letter in both the number panels, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the banknote. The design and security features of these banknotes to be issued now are similar to the ₹ 20 banknotes in Mahatma Gandhi Series- 2005 issued recently with the ascending sThe Reserve Bank of India will shortly issue ₹ 20 denomination banknotes in the Mahatma Gandhi Series-2005, without inset letter in both the number panels, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the banknote. The design and security features of these banknotes to be issued now are similar to the ₹ 20 banknotes in Mahatma Gandhi Series- 2005 issued recently with the ascending s
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ಡಿಸೆಂ 23, 2016Issue of ₹ 5 coins to commemorate the occasion of "University of Mysore Centenary Celebrations”The Government of India has minted the above mentioned coins which the Reserve Bank of India will shortly put into circulation. The design details of these coins as notified in The Gazette of India-Extraordinary-Part II-Section 3-Sub-section (i)-No.591 dated August 24, 2016 published by the Ministry of Finance, Department of Economic Affairs, are as follows - Obverse - The face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend "सत्The Government of India has minted the above mentioned coins which the Reserve Bank of India will shortly put into circulation. The design details of these coins as notified in The Gazette of India-Extraordinary-Part II-Section 3-Sub-section (i)-No.591 dated August 24, 2016 published by the Ministry of Finance, Department of Economic Affairs, are as follows - Obverse - The face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend "सत्
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ಡಿಸೆಂ 21, 2016Distribution of Banknotes during November 10 to December 19, 2016Consequent to the announcement of withdrawal of Legal Tender status of banknotes of ₹ 500 and ₹ 1000 denominations from the midnight of November 8, 2016, the Reserve Bank of India made arrangements for supply of adequate quantity of banknotes in various denominations to the public through the banks. Over the period from November 10, 2016 upto December 19, 2016, banks have reported that banknotes worth ₹ 5,92,613 crore have been issued to public either over the counterConsequent to the announcement of withdrawal of Legal Tender status of banknotes of ₹ 500 and ₹ 1000 denominations from the midnight of November 8, 2016, the Reserve Bank of India made arrangements for supply of adequate quantity of banknotes in various denominations to the public through the banks. Over the period from November 10, 2016 upto December 19, 2016, banks have reported that banknotes worth ₹ 5,92,613 crore have been issued to public either over the counter
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ಡಿಸೆಂ 19, 2016RBI to issue of ₹ 50 Banknotes with inset letter ‘R’, with numerals in ascending size in number panels, and without intaglio printingThe Reserve Bank of India will shortly issue ₹ 50 denomination banknotes in the Mahatma Gandhi Series-2005, with inset letter ‘R’ in both the number panels, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the banknote. These banknotes have the ascending size of numerals in the number panels; the banknotes are similar to the banknotes of ₹ 50 issued earlier in Mahatma Gandhi Series-2005The Reserve Bank of India will shortly issue ₹ 50 denomination banknotes in the Mahatma Gandhi Series-2005, with inset letter ‘R’ in both the number panels, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the banknote. These banknotes have the ascending size of numerals in the number panels; the banknotes are similar to the banknotes of ₹ 50 issued earlier in Mahatma Gandhi Series-2005
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ಡಿಸೆಂ 19, 2016RBI to issue of ₹ 50 Banknotes with inset letter ‘L’, with numerals in ascending size in number panels, and without intaglio printingThe Reserve Bank of India will shortly issue ₹ 50 denomination banknotes in the Mahatma Gandhi Series-2005, with inset letter ‘L’ in both the number panels, bearing signature of Dr. Urjit R.Patel, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the banknote. These banknotes have the ascending size of numerals in the number panels; the banknotes are similar to ₹ 50 banknotes issued earlier in Mahatma Gandhi Series-2005 throughThe Reserve Bank of India will shortly issue ₹ 50 denomination banknotes in the Mahatma Gandhi Series-2005, with inset letter ‘L’ in both the number panels, bearing signature of Dr. Urjit R.Patel, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the banknote. These banknotes have the ascending size of numerals in the number panels; the banknotes are similar to ₹ 50 banknotes issued earlier in Mahatma Gandhi Series-2005 through
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