Star Notes Rbi

Home RBI Clarifications July 27, 2023 Reserve Bank of India clarifies on Star Series Banknotes It has come to the notice of the Reserve Bank that the validity of banknotes with a Star (*) symbol present on the number panel has recently been the subject of discussions on some social media platforms. A ₹500 banknote with a star (*) symbol is identical to any other legal banknote and it is genuine, RBI confirmed. The Star (*) symbol is incorporated in the number panel of a banknote when it is used as a replacement for defectively printed banknotes within a packet of 100 serially numbered banknotes, the RBI said in its clarification.

Several people have recently been discussing the validity of banknotes with a star symbol on various social media platforms. To clear the air around the star symbol bank notes, the Reserve Bank of India released a much-needed clarification. Are 10,20,100, 200, and 500 rupee notes with a star symbol fake? Know what the central bank said.

The RBI's clarification comes in response to posts on social media claiming that currency notes with an asterisk or star (*) mark in the number panel are fake. The central bank affirmed that these "Star Series" banknotes have been in circulation for a substantial period and are entirely genuine. The RBI's clarification came in response to misleading posts on social media claiming that banknotes with an asterisk or star (*) mark in the number panel are counterfeit.

A Star Note in India is a replacement currency note issued by the Reserve Bank of India (RBI) to substitute for a misprinted or defective note. These notes carry a star symbol (*) in the number panel, making them distinct from regular notes. A star in an Indian banknote's serial number means it's a replacement for a misprint and not a fake note.

RBI confirms these notes are valid and have circulated since 2006. Reserve Bank of India (RBI) recently issued a press release (2023-2024/653) addressing the discussions on social media regarding the Star (*) symbol present on some banknotes. Home Indian Currency Currency Press ReleasesCurrency Press Releases.