The bank OF INDIA' target='_blank' title='reserve bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>reserve bank of india (RBI) quickly after the withdrawal of the Rs 2000 banknotes released significant advise regarding the 'Star Series' banknotes in circulation throughout the nation and whether or not it is permissible to use them for transactions. The bank OF INDIA' target='_blank' title='reserve bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>reserve bank of india has made it clear that there is no need for concern and that the Star Series notes are still in use. This indicates that there are no reports of the star-printed notes being called back and that it is still possible to utilize them.

On July 27, the RBI made it clear that there is no distinction between the Star series notes and the other bank notes, allowing them to be used in all transactions throughout the nation. You can learn all you need to know about these banknotes right here. 

What are Star Series notes?
The star (*) sign is added between the prefix and the serial number on notes in the star series, according to the RBI's explanation. However, this does not distinguish them from notes without this sign. The star mark on these banknotes really indicates that they have been changed or reproduced, according to a statement made by the RBI in an official press release. This explanation was provided following a heated discussion on social media about the legitimacy of the star signs on these notes.

According to the official statement, the RBI stated that these notes are produced in packets of 100 and that the sign indicates that they have been reissued or changed.

"The Star (*) symbol is inserted in the number panel of a banknote that is used as replacement for defectively printed banknotes in a packet of 100 pieces of serially numbered banknotes," the bank OF INDIA' target='_blank' title='reserve bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>reserve bank of india stated in a news statement. The only difference between a banknote with a Star (*) sign and any other legal banknote is the addition of the Star (*) symbol in the number panel between the prefix and the serial number. The star (*) sign indicates that the message has been changed or republished.



 
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Star Series Bank Notes

S Venkateshwari

31/07/2023 04:00 AM