India 2009 20- and 100-rupee notes without inset letters confirmed

20 rupees (US$0.40), 2009. Like P96, but new date and no inset letter.

100 rupees (US$2.15), 2009. Like P98, but new date and no inset letter.

Courtesy of Jim W.-C. Chen.
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Unique challenge of making money from cotton waste

Live Mint has posted an interesting article on banknote production in India.
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India approves new symbol for rupee

Indian_rupee
On 15 July 2010, India’s Union Cabinet approved a symbol for the rupee which is a combination of the Roman “R” without the vertical stroke and the Devnagri letter “ra.” The symbol was designed by Bombay IIT postgraduate D Udaya Kumar. A finance ministry official said the government is not planning to print banknotes with the new symbol. Historians say that the first “rupee” was issued by Emperor Sher Shah Suri in the 15th century. One rupee was equivalent to 40 copper paisas then. The rupee is believed to be derived from the Sanskrit word raupya, which means silver.
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India new date (2010) 500-rupee note confirmed

India_500_2010.00.00_P99f_R_sig
500 rupees (US$10.70), 2010. Like Pick 99, but new date, new signatures, and R inset letter.

Courtesy of Bill Stubkjaer.
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India new date (2010) 20-rupee note confirmed

India_20_2010.00.00_P96e_E_sig
20 rupees (US$0.40), 2010. Like Pick 96, but new date, new signatures, and E inset letter.

Courtesy of Bill Stubkjaer.
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India 20-rupee note with R inset letter reported

The Reserve Bank of India will shortly issue a 20-rupee (US$0.45) banknote with R inset letter in both numbering panels in the Mahatma Gandhi Series – 2005 bearing the signature of Dr. D. Subbarao, Governor. Except for the change in the inset letter, the design of these notes to be issued now is similar in all respects to the banknotes in Mahatma Gandhi Series – 2005, with additional / new security features issued on 16 August 2006. All 20-rupee notes issued in the past will continue to be legal tender.
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India new date (2009) 10-rupee note with L letter confirmed

india_10_2009.00.00_p95_s90_l_sig
10 rupees (US$0.20), 2009. Like P95, but new date (2009), new signature (Dr. D. Subbarao, Governor since 06.09.2008), and L inset letter.

Courtesy of Sejin Ahn.
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India 20-rupee note without inset letter reported

The Reserve Bank of India (RBI) will soon introduce a 20-rupee (US$0.40) banknote without inset letter bearing the signature of Dr D Subbarao, Governor. Except for the change in the inset letter, the design of these notes to be issued now is similar in all respects to the banknotes in Mahatma Gandhi Series - 2005, with additional/new security features issued on 16 August 2006. All 20-rupee notes issued by the RBI in the past will continue to be legal tender.
Additional information and images are requested.
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India new date (2009) 1,000-rupee note with L inset letter confirmed

India_1000_2009.00.00_P100_s90_L_findia_1000_2009.00.00_l_sig
1,000 rupees (US$19.35), 2009. Like Pick 100, but new date and L inset letter.

Anyone interested in buying one of these notes can contact the contributor by clicking the link below. Be sure to say you saw it mentioned here on Banknotenews.com.

Courtesy of Rafal Nogowczyk.
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India new date (2009) 100-rupee note with F inset letter confirmed

India_100_2009.00.00_F_Subbarao_findia_100_2009.00.00_f_subbarao_sig
100 rupees (US$2), 2009.
Like Pick 98, but new date (2008), new signature (D. Subbarao, Governor), and F inset letter.

Courtesy of Alberto Fochi.
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India new date (2008) 50-rupee note with E inset letter confirmed

India_50_2008.00.00_E_Reddy_findia_50_2008.00.00_e_reddy_sig
50 rupees (US$0.95)
Like Pick 97, but new date (2008), new signature (Dr. Y. V. Reddy, Governor), and E inset letter.

Courtesy of Alberto Fochi.
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India replacing 1- and 2-rupee notes with coins

According to an article in The Economic Times dated 08.12.09, the Reserve Bank of India is replacing 1- and 2-rupee banknotes with coins due to the short life span and high costs of printing small-denomination notes. In a written reply to Rajya Sabha, Minister of State for Finance Namo Narain Meena said, "The notes of these denominations have been coinised…The Reserve Bank has informed that in view of the short life span of the lower denominations notes of Re 1, Rs 2, and Rs 5 and the high cost involved in printing and processing of soiled notes of these denominations, the government has decided to discontinue the printing of lower denominations notes," Meena said.
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India to issue 50-rupee note with L inset letter

The Reserve Bank of India is expected to issue a new 50-rupee (US$1.10) banknote with L inset letter in both numbering panels in the Mahatma Gandhi Series -2005 bearing the signature of D. Subbarao, governor.

Except for the change in the inset letter, the design of these notes to be issued is similar in all respects to the banknotes in Mahatma Gandhi Series - 2005, with additional / new security features issued on 24 August 2005.
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India new inset letter varieties confirmed

India_10_2008.00.00_M_f
10 rupees (US$0.20). 2008. Like Pick 95c, but M inset letter.

India_20_2007.00.00_E_f
20 rupees (US$0.40). 2007. Like Pick 96b, but E inset letter.

India_100_2008.00.00_S_f
100 rupees (US$2.15). 2008. Like Pick 98d, but S inset letter.

Courtesy of Alberto Fochi.
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India to issue new 500-rupee note with E inset letter

According to a 17 September 2009 press release, the Reserve Bank of India (RBI) will soon issue a 500-rupee (US$10.40) note with E inset letter and signature of D. Subbarao, governor.

Except for the change in the inset letter, the design of these notes to be issued now is similar in all respects to the banknotes in Mahatma Gandhi Series - 2005, with additional/ new security features issued on 21 October 2005.

All banknotes in the denomination of Rs 500 in Mahatma Gandhi series issued by RBI from the year 2000 will continue to be legal tender.

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India new date (2009) 50-rupee note without inset letter confirmed

India_50_2009.00.00_f
50 rupees (US$1.00), 2009. Like P97, but new date (2009), and new signature (Dr. D. Subbarao, Governor since 06.09.2008).

Courtesy of Claudio Marana.
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India new date (2009) 10-rupee note without inset letter confirmed

India_10_2009.00.00_f
10 rupees (US$0.20), 2009. Like P95, but new date (2009), and new signature (Dr. D. Subbarao, Governor since 06.09.2008).

Courtesy of Claudio Marana.
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India new date (2009) 20-rupee note with E inset letter confirmed

India_20_2009.00.00_E_f
20 rupees (US$0.40), 2009. Like P96, but new date (2009), new signature (Dr. D. Subbarao, Governor since 06.09.2008), and E inset letter.

Courtesy of Claudio Marana.
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India new date (2009) 1,000-rupee note with R inset letter confirmed

India_1000_2009.00.00_P100_R_f
1,000 rupees (US$20.55), 2009. Like P100, but new date (2009), new signature (Dr. D. Subbarao, Governor since 06.09.2008), and R inset letter.

Courtesy of Jean-Michel Engels.
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India new date (2009) 500-rupee note with R inset letter confirmed

india_500_2009.00.00_sig
500 rupees (US$10.30), 2009. Like P99, but new date (2009), new signature (Dr. D. Subbarao, Governor since 06.09.2008), and R inset letter.

Courtesy of Jean-Michel Engels.
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India new date (2009) 500-rupee note without inset letter confirmed

india_500_2009.00.00_sig
500 rupees (US$9.65), 2009. Like P93, but new date, new signature (Dr. D. Subbarao, Governor since 06.09.2008), and no inset letter.

Courtesy of Dr. Manjunath P. Iyer.
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India to issue 100-rupee note with F inset letter

The Reserve Bank of India will soon introduce a 100-rupee (US$2.05) note with F inset letter in both numbering panels in the Mahatma Gandhi Series.

Additional information and images requested.
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India new date (2009) 5-rupee note confirmed

India_5_2009.00.00_P88A_f
5 rupees (US$0.10), 2009. Like Pick 88A, but with date at lower center on back (previous issues were undated), new signatures, windowed security thread with demetalized text, and inset letter E.

Anyone interested in buying this note can contact the contributor by clicking the link below. Be sure to say you saw it mentioned here on Banknotenews.com.

Courtesy of banknoteshop@gmx.net.
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India considering polymer notes

According to a Business Standard article dated 3 June 2009, the Reserve Bank of India (RBI) is considering a pilot project to introduce polymer notes in an effort to increase the longevity of its banknotes, said H R Khan, executive director, RBI. The timing of the project has not yet been announced.
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India to revise notes with new governor's signature

The Reserve Bank of India will soon introduce revised banknotes in the denominations of 5, 50, 100, 500, and 1,000 rupees. The notes will be identical to the current Mahatma Gandhi series, but will bear the signature of the new bank governor, Dr. D. Subbarao. Notes of the current series will remain legal tender.
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India new date (2009) 100-rupee note with R inset letter confirmed

India_100_2009.00.00_R_f
The Reserve Bank of India (RBI) has issued a 100-rupee (US$2) note with R inset letter, dated 2009, with the signature of RBI governor D. Subbarao.

Courtesy of Claudio Marana.
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India to issue revised 1,000-rupee note without inset letter

According to an article in My Iris dated March 31, 2009, the Reserve Bank of India (RBI) will shortly issue 1,000-rupee (US$19.85) notes without an inset letter. The notes are part of the Mahatma Gandhi series of 2005. They will bear the signature of RBI governor D. Subbarao.

Additional information and images requested.
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India new date (2008) 1,000-rupee note confirmed

India_1000_2008.00.00_f
1,000 rupees (US$19.35), 2008. Like P94, but new date.

Anyone interested in buying this note can contact the contributor by clicking the link below. Be sure to say you saw it mentioned here on Banknotenews.com.

Courtesy of Ömer Yalcinkaya.
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India new date (2008) 50-rupee note confirmed

India_50_2008.00.00_f
50 rupees (US$0.95)
Like Pick 97, but new date (2008) and new signature (Dr. Y. V. Reddy, Governor),

Anyone interested in buying this note can contact the contributor by clicking the link below. Be sure to say you saw it mentioned here on Banknotenews.com.

Courtesy of banknoteshop@gmx.net.
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India new date (2008) 500-rupee note with L inset letter confirmed

India_500_2008.00.00_L_f
500 rupees (US$9.65), 2008. Like P93, but new date, new signature (Dr. Y. V. Reddy, Governor), and L inset letter.

Anyone interested in buying this note can contact the contributor by clicking the link below. Be sure to say you saw it mentioned here on Banknotenews.com.

Courtesy of Ömer Yalcinkaya.
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India new date/signature 10-rupee note confirmed

India_10_2008.00.00_f
10 rupees (US$0.20)
Like Pick 95, but new date (2008) and new signature (Dr. D. Subbarao, Governor since 06.09.2008).

Courtesy of Dr Manjunath P. Iyer.
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India new date (2007) 100-rupee note with E inset letter confirmed

India_100_2007.00.00_E_f
100 rupees (US$2.50), 2007. Like P91, but new date, new signature (Dr. Y. V. Reddy, Governor), and E inset letter.

Courtesy of Claudio Marana.
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India new date (2007) 500-rupee note with R inset letter confirmed

500 rupees (US$12.60), 2007. Like P93, but new date, new signature (Dr. Y. V. Reddy, Governor), and R inset letter.

Additional information and images requested.

Courtesy of Claudio Marana.
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India issues new date (2007) 500- and 1,000-rupee notes without inset letters

India_500_2007.00.00_f
500 rupees (US$12.60), 2007. Like P93, but without inset letter and signature of Dr. Y. V. Reddy, governor.

India_1000_2007.00.00_f
1,000 rupees (US$25.20), 2007. Like P94, but without inset letter and signature of Dr. Y. V. Reddy, governor.

Courtesy of banknoteshop@gmx.net.
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India to issue 10-rupee note with S inset letter

According to an 11 December 2007, press release, the Reserve Bank of India will shortly issue Rs.10 denomination banknotes with inset letter "S" in both numbering panels in Mahatma Gandhi Series with additional/new security features bearing the signature of Dr. Y.V. Reddy, Governor. Except for the change in the inset letter, the design of these notes to be issued now is similar in all respects to the banknotes issued earlier in Mahatma Gandhi Series with additional/new security features issued on 27 April 2006. All banknotes in the denomination of Rs.10 issued by the Bank in the past will continue to be legal tender.

No further details are available at this time. If anyone can provide information or images of the new note, please add a comment to this posting.
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India to issue 10-rupee note with A inset letter

According to a November 5, 2007, press release, the Reserve Bank of India will shortly issue Rs.10 denomination banknotes with inset letter "A" in both numbering panels in Mahatma Gandhi Series with additional/new security features bearing the signature of Dr. Y.V. Reddy, Governor. Except for the change in the inset letter, the design of these notes to be issued now is similar in all respects to the banknotes issued earlier in Mahatma Gandhi Series with additional/new security features issued on April 27, 2006. All banknotes in the denomination of Rs.10 issued by the Bank in the past will continue to be legal tender.

No further details are available at this time. If anyone can provide information or images of the new note, please add a comment to this posting.
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India issues new date (2006) notes without inset letters

India has released Rs10, Rs20, Rs100, and Rs500 denominations dated 2006 at bottom center on back, and without an inset letter within the serial number in the upper right on front.

Anyone interested in buying this note can contact the contributor by clicking the link below. Be sure to say you saw it mentioned here on Banknotenews.com.

Courtesy of Chris Twining and Ömer Yalcinkaya.
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India to issue revised 20-rupee note with R inset letter

India_20_2007.00.00_R_f
Today the Reserve Bank of India announced that it will soon issue a 20 rupee (US$0.45) note with inset letter R within the serial number panels.

Except for the change in the inset letter, the design of these notes to be issued now is similar in all respects to the banknotes issued earlier in Mahatma Gandhi Series with additional/new security features issued on August 17, 2006. All banknotes in the denomination of Rs20 issued by the RBI in the past will continue to be legal tender.

Courtesy of Frank van Tiel.
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India new date (2005) 50-rupee note with R inset letter confirmed

page0_blog_entry79_1
50 rupees (US$1.15), 2005. Like Pick 90, but new date, new signature (Dr. Y. V. Reddy, Governor), and with inset letter R.

Courtesy of Menelaos Stamatelos, Southeastern Numismatics.
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India new date (2007) 100-rupee note without inset letter confirmed

page0_blog_entry78_1
100 rupees (US$2.25), 2007. Like Pick 91, but new date, new signature (Dr. Y. V. Reddy, Governor), and without inset letter.

Courtesy of Menelaos Stamatelos, Southeastern Numismatics.
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India’s demand for high-denomination notes increases

India’s booming economy has pushed up demand for 500- and 1,000-rupee notes by approximately 20 and 50 percent, respectively, with the volume of almost all other denominations remaining steady. The cost of printing currency has more than doubled to Rs20 trillion during 2006-07, with the business split between Security Printing and Monitoring Corporation of India and Bharatiya Reserve Bank Note Mudran.
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