FAQ on Withdrawal of Legal Tender Character of the Old High Denomination Bank Notes FREQUENTLY ASKED QUESTIONS Frequently Asked Questions (FAQs) on Withdrawal of Legal Tender Character of the Old High Denomination Bank Notes 1. Why is this scheme? The incidence of fake Indian currency notes in higher denomination has increased. For ordinary persons, the fake notes look … [Read more...] about FAQ on Withdrawal of Legal Tender Character of the Old High Denomination Bank Notes
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RBI Circulars
RBI issues Rs.2000 notes in a new series
RBI issues Rs.2000 notes in a new series Now your bank notes in a new design RBI issues Rs.2000 notes in a new series The Reserve Bank of India is introducing new design banknotes in the denomination of Rs.2000 as part of Mahatma Gandhi (New) Series. The new denomination has motif of the Mangalayan on the reverse, depicting the country’s first venture in interplanetary … [Read more...] about RBI issues Rs.2000 notes in a new series
RBI issues Rs.500 notes in a new series
RBI issues Rs.500 notes in a new series Now your bank notes in a new design The new Rs.500 notes are different form the present series in colour, size, theme, location of security features and design elements. The size of the new notes is 63mm x 150mm. The color of the notes is stone grey and the predominant new theme is Indian site – Red Fort. … [Read more...] about RBI issues Rs.500 notes in a new series