500 Rupee Note Holder: RBI has released an important statement. The central bank has released an important statement regarding the Rs 500 note with ‘star’ symbol on it.
500 Rupee Note Holder: Different types of news are being heard across the country regarding currency notes. Recently the government has decided to withdraw 2000 rupee notes from circulation. Meanwhile, RBI has released an important statement. The central bank has issued an important statement regarding the Rs 500 note with ‘star’ symbol on it.
The Reserve Bank of India on Thursday issued a statement on the validity of ‘star’ marked notes.
Why are star marked notes issued?
A star symbol is given in notes printed instead of misprinted notes. In these notes, a star symbol is placed in place of the serial numbers. The RBI said that the wrongly printed notes in the bundle of notes are being replaced with notes bearing the star symbol.
Starred notes valid
Some messages circulating on social media have raised concerns about the validity of notes with star marks on their number panels. In this context , the RBI has allayed this concern by releasing a statement .
Information given by RBI
RBI has said that the note with star mark will be in circulation like any other valid note. A star mark on a note indicates that the note has been altered or reprinted. RBI clarified that.
Allowance for exchange of notes till September 30
Holders of Rs 2,000 note can either deposit it in their bank account or exchange it at the bank, the RBI Governor said. Banks have been instructed to make necessary arrangements to exchange Rs 2000 notes. He said, “It is hoped that most of the Rs 2000 notes will be returned by the deadline of September 30.”
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