RBI | No change in existing Currency and Banknotes

Last updated: 07 June 2022

Quick Summary
The Reserve Bank of India (RBI) has issued a clarification to address recent media speculation. Reports suggested that the RBI was considering changes to current banknotes, potentially replacing Mahatma Gandhi's image with that of other figures. However, the RBI has explicitly stated that there is no such proposal under consideration.

RBI clarifies: No change in existing Currency and Banknotes There are reports in certain sections of the media that the Reserve Bank of India is considering changes to the existing currency and banknotes by replacing the face of Mahatma Gandhi with that of others. It may be noted that there is
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FAQ :

No, the Reserve Bank of India has clarified that there are no changes planned for existing currency and banknotes.

The Reserve Bank of India has stated that there is no proposal to replace the face of Mahatma Gandhi on existing banknotes.

The RBI issued a clarification due to reports in certain sections of the media suggesting potential changes to currency and banknotes.

The clarification was issued by Yogesh Dayal, Chief General Manager of the Reserve Bank of India.



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