The Reserve Bank of India has today denied having issued a communication circulating on social media alerting members of public that banks will not accept currency notes with scribbling on them from January 1, 2016. The Reserve Bank has reiterated that all currency notes issued by it are legal tender and banks and members can freely and without fear accept them in exchange for goods and services. Figure 1: This message is incorrect The Reserve Bank has also stated tha

The Reserve Bank of India will shortly issue ₹ 500 denomination Banknotes in the Mahatma Gandhi Series-2005 with inset letter 'R' in both the numbering panels. The notes will bear the signature of Dr. Raghuram G. Rajan, Governor, Reserve Bank of India, and the year of printing '2015' printed on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the ₹ 500 Banknotes in Mahatma Gandhi Series-2005 issued earlier, includin

The Reserve Bank of India will shortly issue ₹500 denomination Banknotes in the Mahatma Gandhi Series - 2005 with inset letter 'L' in both the numbering panels. The notes will bear the signature of Dr. Raghuram G. Rajan, Governor, Reserve Bank of India, and the year of printing '2015' printed on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the ₹500 Banknotes in Mahatma Gandhi Series - 2005 issued earlier, includ

The Reserve Bank of India will shortly issue ₹1000 denomination Banknotes in the Mahatma Gandhi Series - 2005 with inset letter 'L' in both the numbering panels. The notes will bear the signature of Dr. Raghuram G. Rajan, Governor, Reserve Bank of India, and the year of printing '2015' printed on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the ₹1000 Banknotes in Mahatma Gandhi Series - 2005 issued earlier, incl

The Reserve Bank of India will shortly issue ₹ 10 denomination bank notes in the Mahatma Gandhi Series-2005, with inset letter 'P' in both the numbering panels, bearing the signature of Dr. Raghuram G. Rajan, Governor, Reserve Bank of India. The year of printing '2015' appears on the reverse of the Bank note. The design of these bank notes to be issued now is similar in all respects to the ₹ 10 bank notes in Mahatma Gandhi Series-2005 issued earlier. All the bank note

The Reserve Bank of India will shortly issue banknotes in ₹ 50 denomination in Mahatma Gandhi Series - 2005, with the numerals in both the number panels in ascending size from left to right while the first three alpha-numeric characters(prefix) will remain constant in size. The banknotes will also have inset letter 'R'. The bank notes will bear the signature of Dr. Raghuram G.Rajan, Governor, Reserve Bank of India, and the year of printing '2015' printed on the revers

The Reserve Bank of India will shortly put into circulation banknotes in the denominations of ₹ 500 and ₹ 1000 incorporating three new/revised features - (i) ascending size of numerals in the number panels, (ii) bleed lines, and (iii) enlarged identification mark. It may be recalled that the Reserve Bank recently put into circulation ₹ 500 and ₹ 1000 banknotes with numerals in ascending size in number panels but without bleed lines and enlarged identification mark. It

The Reserve Bank of India will shortly put into circulation ₹ 5 coins minted by the Government of India to commemorate the Golden Jubilee of Indo-Pak war 1965. The design of the coins has: On the obverse: The Lion Capital of Ashoka Pillar in the center with the legend "सत्यमेव जयते" inscribed below, flanked on the left periphery with the word "भारत" in Devnagri script and on the right periphery with the word "INDIA" in English. It will also bear the Rupee symbol " ₹ "

The Reserve Bank of India’s Monetary Museum unveiled a special display on Mysore Coins on August 20, 2015. Dr. Deepali Pant Joshi, Executive Director inaugurated the special display. A 20-page information brochure on Mysore Coins displays was also released on the occasion. Shri U. S. Paliwal, Executive Director, Prof. Damodar Acharya, Director on the Reserve Bank’s Central Board of Directors and Shri S Ramaswamy, Regional Director, Mumbai Office were present. Special

The Reserve Bank of India will shortly issue ₹ 1000 denomination Banknotes in the Mahatma Gandhi Series-2005, incorporating "₹" symbol on the obverse and the reverse, with inset letter 'L' in both the numbering panels, bearing the signature of Dr. Raghuram G.Rajan, Governor, Reserve Bank of India, and the year of printing '2015' printed on the reverse of the Banknote. The design of these notes to be issued now is similar in all respects to the ₹ 1000 Banknotes in Maha