Press Releases - ಆರ್ಬಿಐ - Reserve Bank of India
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Press Releases
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ಅಕ್ಟೋ 21, 2005RBI to issue New Rs. 500 NotesThe 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 uThe 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
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ಸೆಪ್ಟೆಂ 27, 2005Restrictive practices while accepting banknotesReserve 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, considersReserve 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
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ಸೆಪ್ಟೆಂ 10, 2005Issue 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, GovernorThe 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 sThe 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
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ಆಗ 24, 2005Issue 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, GovernorThe 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 theThe 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
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ಆಗ 24, 2005Issue 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, GovernorThe 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 theThe 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
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ಜೂನ್ 15, 2005Issue 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, GovernorThe 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 bThe 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
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ಮಾರ್ಚ್ 19, 2005RBI 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 signatureThe 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 bThe 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
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ಫೆಬ್ರವರಿ 07, 2005No Dearth of Coins: RBIThe 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 smThe 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
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ಫೆಬ್ರವರಿ 04, 2005RBI 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 signatureThe 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 tenderThe 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
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ಡಿಸೆಂ 29, 2004RBI 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 signatureThe 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 contThe 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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ನವೆಂ 29, 2004Issue of Rs.500 denomination bank notes with inset letter `C' in both numbering panels in Mahatma Gandhi Series bearing the signature of Dr.Y.V.Reddy, GovernorThe Reserve Bank of India will shortly issue Rs.500 denomination banknotes with inset letter `C' in both numbering panels in Mahatma Gandhi Series 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 respect to those issued earlier in the Mahatma Gandhi Series. All notes in the denomination of Rs.500 issued by the Bank since September 1987 will continue to be legal tenThe Reserve Bank of India will shortly issue Rs.500 denomination banknotes with inset letter `C' in both numbering panels in Mahatma Gandhi Series 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 respect to those issued earlier in the Mahatma Gandhi Series. All notes in the denomination of Rs.500 issued by the Bank since September 1987 will continue to be legal ten
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ನವೆಂ 03, 2004RBI to issue Rs. 20 denomination bank notes with inset letter `R' in numbering panel in Mahatma Gandhi series with Dr.Y.V.Reddy's signatureThe Reserve Bank of India will shortly be issuing Rs.20 denomination bank notes with inset letter `R' in numbering panel in Mahatma Gandhi Series. These notes will bear the signature of Dr.Y.V.Reddy, Governor. Except for the signature of the Governor and change in inset letter, the design of these notes to be issued now is similar in all respects to those issued earlier in Mahatma Gandhi Series. All notes in the denomination of Rs.20 issued by the Reserve Bank in theThe Reserve Bank of India will shortly be issuing Rs.20 denomination bank notes with inset letter `R' in numbering panel in Mahatma Gandhi Series. These notes will bear the signature of Dr.Y.V.Reddy, Governor. Except for the signature of the Governor and change in inset letter, the design of these notes to be issued now is similar in all respects to those issued earlier in Mahatma Gandhi Series. All notes in the denomination of Rs.20 issued by the Reserve Bank in the
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ಸೆಪ್ಟೆಂ 16, 2004Coins of All Denominations are Legal Tender - RBIThe Reserve Bank of India has come across reports and has also received complaints that shopkeepers, traders, transport undertakings, Government departments, etc. do not readily accept 25 paise and 50 paise coins on the plea that these coins are no more legal tender or they are not accepted by bank branches. It is clarified for the benefit of public that all coins including 25 paise and 50 paise coins are legal tender and will continue to be so. Reluctance on the partThe Reserve Bank of India has come across reports and has also received complaints that shopkeepers, traders, transport undertakings, Government departments, etc. do not readily accept 25 paise and 50 paise coins on the plea that these coins are no more legal tender or they are not accepted by bank branches. It is clarified for the benefit of public that all coins including 25 paise and 50 paise coins are legal tender and will continue to be so. Reluctance on the part
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ಆಗ 14, 2004RBI to issue Rs. 50 denomination bank notes with inset letter `L' in numbering panel in Mahatma Gandhi series with Dr.Y.V.Reddy's signatureThe Reserve Bank of India will shortly be issuing Rs.50 denomination bank notes with inset letter `L' 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.50 issued by the Reserve Bank in the past will continue to beThe Reserve Bank of India will shortly be issuing Rs.50 denomination bank notes with inset letter `L' 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.50 issued by the Reserve Bank in the past will continue to be
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ಜುಲೈ 20, 2004Coins of all denominations are legal tenders - RBI adviceJuly 20, 2004 The Reserve Bank of India has come across news reports and has also received complaints that shopkeepers, traders, transport undertakings, Government Departments, etc., do not readily accept 25 paise and 50 paise coins on the plea that these coins are no more legal tender or they are not accepted by bank branches. It is clarified for the benefit of public that all coins including 25 paise and 50 paise coins are legal tenders and will continue to be so. RJuly 20, 2004 The Reserve Bank of India has come across news reports and has also received complaints that shopkeepers, traders, transport undertakings, Government Departments, etc., do not readily accept 25 paise and 50 paise coins on the plea that these coins are no more legal tender or they are not accepted by bank branches. It is clarified for the benefit of public that all coins including 25 paise and 50 paise coins are legal tenders and will continue to be so. R
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ಜುಲೈ 17, 2004RBI to issue Rs. 20 denomination bank notes with inset letter `A' in both numbering panel in Mahatma Gandhi series with Dr.Y.V.Reddy's signatureThe Reserve Bank of India will shortly be issuing Rs.20 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 respects to those issued earlier in Mahatma Gandhi Series. All notes in the denomination of Rs.20 issued by the Reserve Bank in the past will continue to beThe Reserve Bank of India will shortly be issuing Rs.20 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 respects to those issued earlier in Mahatma Gandhi Series. All notes in the denomination of Rs.20 issued by the Reserve Bank in the past will continue to be
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ಜುಲೈ 15, 2004Exchange Facility for Public in Corporation Bank, MumbaiWith a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Re.1, Rs.2 and Rs.5 notes and coins in Corporation Bank, Mumbai. The facility will be offered on July 22, 2004 between 11.00 a.m. and 3.00 p.m. at G. D. Ambekar Road, Wadala, Mumbai-400 031.In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in the recentWith a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Re.1, Rs.2 and Rs.5 notes and coins in Corporation Bank, Mumbai. The facility will be offered on July 22, 2004 between 11.00 a.m. and 3.00 p.m. at G. D. Ambekar Road, Wadala, Mumbai-400 031.In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in the recent
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ಜುಲೈ 08, 2004Exchange Facility for PublicWith a view to facilitate the availability of notes and coins of all denominations to the public, the Reserve Bank of India has made special arrangements for distribution of notes and coins through the branches of Bank of Baroda as shown in the annexure. 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 arrangements with the postal authorities in Mumbai forWith a view to facilitate the availability of notes and coins of all denominations to the public, the Reserve Bank of India has made special arrangements for distribution of notes and coins through the branches of Bank of Baroda as shown in the annexure. 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 arrangements with the postal authorities in Mumbai for
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ಜುಲೈ 06, 2004Exchange Facility for PublicJuly 6, 2004 With a view to facilitate the availability of notes and coins of all denominations to the public, the Reserve Bank of India has made special arrangements for distribution of notes and coins through the branches of State Bank of India, Bank of Baroda and Dena Bank as shown in the annexure. 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 aJuly 6, 2004 With a view to facilitate the availability of notes and coins of all denominations to the public, the Reserve Bank of India has made special arrangements for distribution of notes and coins through the branches of State Bank of India, Bank of Baroda and Dena Bank as shown in the annexure. 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 a
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ಜುಲೈ 01, 2004Exchange Facility for PublicWith a view to facilitate the availability of notes and coins of all denominations to the public, the Reserve Bank of India has made special arrangements for distribution of notes and coins at various suburban branches of Union Bank of India and Bank of India as shown in the annexure. 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 arrangements with the poWith a view to facilitate the availability of notes and coins of all denominations to the public, the Reserve Bank of India has made special arrangements for distribution of notes and coins at various suburban branches of Union Bank of India and Bank of India as shown in the annexure. 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 arrangements with the po
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ಜುಲೈ 01, 2004RBI to issue Rs.50 denomination bank notes with inset letter `E' in numbering panel in Mahatma Gandhi series bearing the signature of Dr.Y.V.Reddy, GovernorThe Reserve Bank of India will shortly be issuing Rs.50 denomination bank notes with inset letter `E' in numbering panel in Mahatma Gandhi Series 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 those issued earlier in Mahatma Gandhi Series. All notes in the denomination of Rs.50 issued by the Reserve Bank in the past will continue to be legal tender.P.V.SaThe Reserve Bank of India will shortly be issuing Rs.50 denomination bank notes with inset letter `E' in numbering panel in Mahatma Gandhi Series 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 those issued earlier in Mahatma Gandhi Series. All notes in the denomination of Rs.50 issued by the Reserve Bank in the past will continue to be legal tender.P.V.Sa
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ಜೂನ್ 04, 2004RBI to issue Rs. 5 denomination bank notes with inset letter `L' in numbering panel in Mahatma Gandhi series with Dr.Y.V.Reddy's signatureThe Reserve Bank of India will shortly be issuing Rs.5 denomination bank notes with inset letter `L' in numbering panel 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.5 issued by the Reserve Bank in the past will continue to be legal teThe Reserve Bank of India will shortly be issuing Rs.5 denomination bank notes with inset letter `L' in numbering panel 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.5 issued by the Reserve Bank in the past will continue to be legal te
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ಮೇ 18, 2004RBI to issue Rs. 100 denomination bank notes with inset letter `L' and Rs. 10 denomination bank notes without inset letter in numbering panel in Mahatma Gandhi series with Dr.Y.V.Reddy's signatureThe Reserve Bank of India will shortly be issuing Rs.100 denomination bank notes with inset letter `L' and Rs.10 denomination bank notes without inset letter in numbering panel 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 respects to those issued earlier in Mahatma Gandhi Series. All notes in the denomination of Rs.100 and Rs.The Reserve Bank of India will shortly be issuing Rs.100 denomination bank notes with inset letter `L' and Rs.10 denomination bank notes without inset letter in numbering panel 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 respects to those issued earlier in Mahatma Gandhi Series. All notes in the denomination of Rs.100 and Rs.
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ಮೇ 08, 2004RBI to issue Rs. 100 denomination bank notes with inset letter `F' and Rs. 20 denomination bank notes without inset letter in numbering panel in Mahatma Gandhi series with Dr.Y.V.Reddy's signatureThe Reserve Bank of India will shortly be issuing Rs.100 denomination bank notes with inset letter `F' and Rs.20 denomination bank notes without inset letter in numbering panel in Mahatma Gandhi Series. These notes will bear the signature of Dr.Y.V.Reddy, Governor. Except for the signature of the Governor for Rs.20 and the change in inset letter for Rs.100, the design of these notes to be issued now is similar in all respects to those issued earlier in Mahatma GandhiThe Reserve Bank of India will shortly be issuing Rs.100 denomination bank notes with inset letter `F' and Rs.20 denomination bank notes without inset letter in numbering panel in Mahatma Gandhi Series. These notes will bear the signature of Dr.Y.V.Reddy, Governor. Except for the signature of the Governor for Rs.20 and the change in inset letter for Rs.100, the design of these notes to be issued now is similar in all respects to those issued earlier in Mahatma Gandhi
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ಏಪ್ರಿ 19, 2004RBI advises Banks to accept Coins by WeightMembers of public can now tender current and uncurrent coins at the counters of public and private sector banks as also at the Reserve Bank of India's counters. Banks and the Reserve Bank will accept these coins by weight.The Reserve Bank of India has advised all the branches of public/private sector banks in Mumbai city to accept, by weight, aluminium coins of 5 paise, 10 paise, 20 paise, aluminium bronze coins of 10 paise, stainless coins of 10 paise, cupronickel coMembers of public can now tender current and uncurrent coins at the counters of public and private sector banks as also at the Reserve Bank of India's counters. Banks and the Reserve Bank will accept these coins by weight.The Reserve Bank of India has advised all the branches of public/private sector banks in Mumbai city to accept, by weight, aluminium coins of 5 paise, 10 paise, 20 paise, aluminium bronze coins of 10 paise, stainless coins of 10 paise, cupronickel co
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ಜನವರಿ 30, 2004RBI to issue Rs.5/-, Rs.10/-, Rs. 50/- and Rs. 100/- denomination bank notes with inset letter `R' and Rs. 500/- denomination bank notes with inset letter `B' in numbering panel in Mahatma Gandhi series with Dr.Y.V.Reddy's signatureThe Reserve Bank of India will shortly be issuing Rs.5/-, Rs.10/-, Rs.50/- and Rs.100/- denomination bank notes with inset letter `R' and Rs.500/- denomination bank notes with inset letter `B' in numbering panel in Mahatma Gandhi Series. These notes will bear the signature of Dr.Y.V.Reddy, Governor. Except for the signature of the Governor and the change in inset letters, the design of these notes to be issued now is similar in all respects to those issued earlier inThe Reserve Bank of India will shortly be issuing Rs.5/-, Rs.10/-, Rs.50/- and Rs.100/- denomination bank notes with inset letter `R' and Rs.500/- denomination bank notes with inset letter `B' in numbering panel in Mahatma Gandhi Series. These notes will bear the signature of Dr.Y.V.Reddy, Governor. Except for the signature of the Governor and the change in inset letters, the design of these notes to be issued now is similar in all respects to those issued earlier in
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ಜನವರಿ 22, 2004RBI to issue Rs.1000 denomination currency notes without inset letter in numbering panel with Dr.Y.V.Reddy's signatureThe Reserve Bank of India will shortly be issuing Rs.1000 denomination notes without inset letter in numbering panel in Mahatma Gandhi Series. These notes will bear the signature of Dr.Y.V.Reddy, Governor. Except for the signature of the Governor, the design of Rs.1000 denomination notes to be issued now is similar in all respect to those issued in Mahatma Gandhi Series. All Rs.1000 denomination notes in Mahatma Gandhi Series issued by the Reserve Bank since October 2The Reserve Bank of India will shortly be issuing Rs.1000 denomination notes without inset letter in numbering panel in Mahatma Gandhi Series. These notes will bear the signature of Dr.Y.V.Reddy, Governor. Except for the signature of the Governor, the design of Rs.1000 denomination notes to be issued now is similar in all respect to those issued in Mahatma Gandhi Series. All Rs.1000 denomination notes in Mahatma Gandhi Series issued by the Reserve Bank since October 2
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ಜನವರಿ 08, 2004Banks can be penalised for stapling of Currency Note Packets : RBIThe Reserve Bank of India has reiterated that stapling of note packets had been totally banned and no bank or bank branch should issue or accept note packets in stapled condition. It has added that in case any bank or bank branch was found issuing or accepting note packets in stapled condition, it would be liable to be penalised under the existing provisions of the Banking Regulation Act, 1949. The Reserve Bank of India had last year issued a directive under Section 3The Reserve Bank of India has reiterated that stapling of note packets had been totally banned and no bank or bank branch should issue or accept note packets in stapled condition. It has added that in case any bank or bank branch was found issuing or accepting note packets in stapled condition, it would be liable to be penalised under the existing provisions of the Banking Regulation Act, 1949. The Reserve Bank of India had last year issued a directive under Section 3
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ಡಿಸೆಂ 29, 2003Exchange Facility for Public in Nariman PointWith 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 Nariman Point. The facility will be offered on Tuesday, December 30, 2003 between 11.00 p.m. and 2.00 p.m. at Corporation Bank, Nariman Point, 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 inWith 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 Nariman Point. The facility will be offered on Tuesday, December 30, 2003 between 11.00 p.m. and 2.00 p.m. at Corporation Bank, Nariman Point, 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 in
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ಡಿಸೆಂ 26, 2003RBI to issue Rs.50 notes with capital letter `A' and Rs.500 notes without inset letter in numbering panelThe Reserve Bank of India will shortly be issuing Rs.50 denomination bank note with capital letter `A' in numbering panel and Rs.500 note without inset letter in numbering panel in Mahatma Gandhi Series. Both will bear the signature of Dr. Y. V. Reddy, Governor. Except for the signature of the Governor, the design of Rs.50 and Rs.500 notes to be issued now is similar in all respect to those issued in Mahatma Gandhi Series. All Rs.50 and Rs.500 denomination notes issueThe Reserve Bank of India will shortly be issuing Rs.50 denomination bank note with capital letter `A' in numbering panel and Rs.500 note without inset letter in numbering panel in Mahatma Gandhi Series. Both will bear the signature of Dr. Y. V. Reddy, Governor. Except for the signature of the Governor, the design of Rs.50 and Rs.500 notes to be issued now is similar in all respect to those issued in Mahatma Gandhi Series. All Rs.50 and Rs.500 denomination notes issue
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ಡಿಸೆಂ 01, 2003Exchange Facility for Public in FortWith 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 includWith 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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ನವೆಂ 22, 2003Issue of Rs.100 notes in Mahatma Gandhi Series bearing the signature of Dr. Y. V. Reddy, GovernorThe 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.
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ನವೆಂ 12, 2003Exchange Facility for Public in GirgaonWith 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 severalWith 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
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ಅಕ್ಟೋ 28, 2003Exchange Facility for Public in Bandra-Kurla ComplexWith 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 reWith 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
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ಅಕ್ಟೋ 16, 2003RBI issues First Series of Currency Notes with Dr. Y. V. Reddy's SignatureThe 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 theThe 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
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ಅಕ್ಟೋ 15, 2003Exchange Facility for Public in MaladWith 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 arranWith 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
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ಅಕ್ಟೋ 09, 2003RBI directs Banks to accept CoinsThe 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 theThe 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
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ಸೆಪ್ಟೆಂ 24, 2003Exchange Facility for Public in Fort areaWith 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 stepsWith 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
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ಸೆಪ್ಟೆಂ 12, 2003Exchange Facility for Public in WorliWith 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 pWith 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
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ಆಗ 26, 2003Exchange Facility for Public in BandraWith 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 recentWith 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
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ಆಗ 18, 2003Exchange Facility for Public in SionWith 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 makinWith 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
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ಆಗ 02, 2003Issue of Rs.10 notes in Mahatma Gandhi Series with capital letter "M" inset in numbering panelsThe 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 tendThe 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
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ಜುಲೈ 28, 2003Exchange Facility for Public in Shivaji ParkWith 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.
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ಜುಲೈ 19, 2003Exchange Facility for Public in Central Bank of India, Fort OfficeWith 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 reWith 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
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ಜೂನ್ 26, 2003Exchange Facility for Public in Pedder RoadWith 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 incluWith 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
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ಜೂನ್ 12, 2003Exchange Facility for Public in MatungaWith 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 paWith 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
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ಜೂನ್ 05, 2003RBI appeals to Public to accept only Unstapled NotesSome 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. InSome 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
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ಮೇ 30, 2003Acceptance of Small CoinsThe 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 tThe 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
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ಮೇ 28, 2003Exchange 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 inWith 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
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