Fact Check: Do Star Series Banknotes Have A Legal Tender? Know What RBI Clarifies
Thursday, 27 July 2023
The adoption of the "STAR series" numbering system marked a significant step in managing defectively printed banknotes. When an issue was discovered in a packet of 100 banknotes, instead of recalling the entire packet, the RBI initiated the practice of replacing only the defective notes with the Star Series banknotes.
The adoption of the "STAR series" numbering system marked a significant step in managing defectively printed banknotes. When an issue was discovered in a packet of 100 banknotes, instead of recalling the entire packet, the RBI initiated the practice of replacing only the defective notes with the Star Series banknotes.
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