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100-rupee banknote, signed by RBI governor S. Venkitaramanan.. The first 100-rupee note featured the portrait of George VI.After independence in 1947, Reserve Bank of India continued to issue the notes by replacing the portrait of George VI with the Emblem of India, as a part of the Lion Capital Series of banknotes.
While the exchanging of notes was initially allowed only until 9th February, 1946, it was extended multiple times. [2]: 5 By the end of 1947, out of a total of Rs. 143.97 crore of high denomination banknotes, notes of the value of Rs. 134.90 crore were exchanged and notes worth Rs. 9.07 crore went out of circulation or were not exchanged.
Banknotes of denominations of ₹5, ₹10, ₹20, ₹50, ₹100, ₹500 and ₹1000 of the Mahatma Gandhi Series. The Gandhi Series of banknotes are issued by the Reserve Bank of India (RBI) as the legal tender of Indian rupee. The series is so called because the obverse of the banknotes prominently display the portrait of Mahatma Gandhi.
Download as PDF; Printable version; ... Indian 20-rupee note; Indian 50-rupee note; Indian 100-rupee note; ... This page was last edited on 17 December 2024, ...
It was divided into 1, 26, 5, 10, 50, 100, 1,000 and 10,000 rupees notes. [6] [7] In January 1936, the Reserve Bank of India first issued five rupee notes containing the portrait of King George VI. Then in 10 February rupee notes, in March 100 rupee notes and in June 1938 1000 and 10000 rupee notes were released.
According to a 2018 report from the Reserve Bank of India ₹15.3 lakh crore (15.3 trillion rupees on the short scale) of the ₹15.41 lakh crore in demonetised bank notes, or approximately 99.3%, were deposited in banks, leading analysts to state that the effort had failed to remove black money from the economy.
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A 10 rupee note signed by Bhattacharya fetches 800 to 1000 rupees today. [6] During his tenure as Governor of RBI, the size of the bank notes of Rs 5, 10 and 100 denominations had been reduced to cut cost of production, which make these notes relatively rare in the collectors market.