RBI planning to change design of currency notes

The Reserve Bank is considering to make changes in the design of currency notes, the central bank informed in reply to a RTI query of Bharatiya Banking Consumers Forum here.

THANE: The Reserve Bank is considering to make changes in the design of currency notes, the central bank informed in reply to a RTI query of Bharatiya Banking Consumers Forum here.

BBCF headed by Om Prakash Sharma had sought the information whether the government/RBI was going to change the design of the currency notes to which the RBI replied that it was under its active consideration.

Sharma said that the RBI effects changes in the design of currency notes periodically and he sought a reply to find out the status of change in design this time.

He said that he raised this issue against the background of many instances of counterfeiting of notes.
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