| 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.
Assistant General Manager
Press Release : 2010-2011/1810