Press Releases

PDF - RBI to issue Non-Sequential Numbered Banknotes  in Denomination of  <font face="rupee Foradian">`</font> 500 ()
Date : Jun 13, 2011
RBI to issue Non-Sequential Numbered Banknotes in Denomination of ` 500

With a view to enhancing operational efficiency and cost effectiveness in banknote printing at banknote presses, it has been decided to issue, to begin with, fresh banknotes of ` 500 denomination in packets, which may not necessarily all be sequentially numbered. This is consistent with international best practices. Packets of Banknotes in non-sequential number will, as usual, have 100 notes. The bands of the packets containing the banknotes in non-sequential number will clearly be superscribed with the legend, "The packet contains 100 notes not numbered sequentially.

Ajit Prasad
Assistant General Manager

Press Release : 2010-2011/1810


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