In a surprise move, India demonetized all 500- and 1,000-rupee notes as of 9 November 2016, “to tackle counterfeiting Indian banknotes, to effectively nullify black money hoarded in cash, and curb funding of terrorism with fake notes.” The old notes can be deposited at any RBI branch with valid proofRead More…
According to various news reports, but not yet verified by any press release or official announcement, the Reserve Bank of India plans to issue a 2,000-rupee note, double the face value of the current largest denomination. The notes are already printed and awaiting introduction.Read More…
According to a press release dated 23 September 2016, the Reserve Bank of India introduced a 50-rupee note like B288, but with novel serial numbers, offset printing instead of intaglio, lighter color on back, removal of rectangular intaglio mark at left center front, and removal of latent image 50 toRead More…
According to a press release dated 15 September 2016, the Reserve Bank of India introduced a 20-rupee note like B287, but with novel serial numbers, offset printing instead of intaglio, lighter color on back, removal of rectangular intaglio mark at left center front, and removal of latent image 20 toRead More…
Like B296a, but new date (2016). Letter: None, E, L, R. Courtesy of Elazar Schachar.Read More…
Like B287c1, but new signature (Subbarao) in error. Letter E. Courtesy of Mohamed Ibrahim.Read More…
Like B289e1, but new signature (Subbarao) in error. Letter E. Courtesy of Mohamed Ibrahim.Read More…
According to a BBC News article dated 21 August 2016, the Reserve Bank of India has named Urjit Patel to take over as governor from Raghuram G. Rajan when his term ends 4 September 2016. Expect new signature varieties to follow. Courtesy of Aidan Work.Read More…
Like B162a, but new signature (Wetal) and new date (2016). Letter L. Courtesy of Simon Biddlestone.Read More…
According to a press release dated 18 June 2016, Raghuram G. Rajan, who has served as governor of the Reserve Bank of India since 4 September 2013, intends to resign when his term ends on 4 September 2016. Courtesy of Aidan Work.Read More…