500 Rupees Note: Recently, the government has decided to put 2000 rupee notes out of circulation. Meanwhile, today the RBI (RBI news) has issued an important statement, in which the Reserve Bank has given information about the ‘star’ marked note.
Reserve Bank of India: Various types of news are being seen across the country regarding currency notes. Recently, the government has decided to put 2000 rupee notes out of circulation. Meanwhile, today the RBI (RBI news) has issued an important statement, in which the Reserve Bank has given information about the ‘star’ marked note. The Reserve Bank of India (RBI) on Thursday dismissed all apprehensions about the validity of ‘star’ marked notes, saying on Thursday that these notes are like any other valid note.
Why are the star marked notes issued?
The RBI said in a statement that a star mark has been added to the number panel on the note to be issued in place of the wrongly printed note. Notes with a star mark are issued in lieu of wrongly printed notes in a bundle of serial numbered notes.
Star marked notes are valid
The central bank has given this clarification after apprehensions were expressed in some social media posts about the validity of the notes having star marks in their number panels.
RBI gave information
RBI has said that the bank note with the star mark is like any other valid note. Its star mark simply indicates that it has been issued in place of a changed or reprinted note. This star mark is placed between the number of the note and the letters to be entered before it.
Reserve Bank of India clarifies on Star Series Banknoteshttps://t.co/BFBYLbH8Ao
— ReserveBankOfIndia (@RBI) July 27, 2023
Time till 30 September
The RBI governor said that anyone who has a Rs 2,000 note can deposit it in his bank account or can exchange it with any other note in the bank. Banks have been advised to make necessary arrangements to exchange Rs 2,000 notes. “We expect most of the Rs 2,000 notes to be returned by the September 30 deadline,” he said.
