ISSUER OF CURRENCY

The Reserve Bank is the nation's sole note issuing authority. Along with the Government of India, we are responsible for the design, production and overall management of the nation's currency, with the goal of ensuring an adequate supply of clean and genuine notes.

Withdrawn with effect from November 16, 2021, February 18, 2022, May 02, 2022, May 13, 2022, May 21, 2024, July 12, 2024 & October 01, 2024

Apr 25, 2025
Master Direction on Framework of incentives for Currency Distribution & Exchange Scheme for bank branches including currency chests (Updated as on September 29, 2025)PDF - Master Direction on Framework of incentives for Currency Distribution & Exchange Scheme for bank branches including currency chests (Updated as on September 29, 2025)
Apr 01, 2025
Master Direction – Facility for Exchange of Notes and CoinsPDF - Master Direction – Facility for Exchange of Notes and Coins
Master Direction on Counterfeit Notes, 2025 – Detection, Reporting and MonitoringPDF - Master Direction on Counterfeit Notes, 2025 – Detection, Reporting and Monitoring
Master Direction – Scheme of Penalties for bank branches and currency chests for deficiency in rendering customer service to the members of publicPDF - Master Direction – Scheme of Penalties for bank branches and currency chests for deficiency in rendering customer service to the members of public
Master Direction on Penal Provisions in reporting of transactions / balances at Currency ChestsPDF - Master Direction on Penal Provisions in reporting of transactions / balances at Currency Chests
Apr 01, 2024
Master Direction on Counterfeit Notes, 2024 – Detection, Reporting and MonitoringPDF - Master Direction on Counterfeit Notes, 2024 – Detection, Reporting and Monitoring
Master Direction on Penal Provisions in reporting of transactions / balances at Currency ChestsPDF - Master Direction on Penal Provisions in reporting of transactions / balances at Currency Chests
Master Direction on Framework of incentives for Currency Distribution & Exchange Scheme for bank branches including currency chestsPDF - Master Direction on Framework of incentives for Currency Distribution & Exchange Scheme for bank branches including currency chests
Master Direction – Scheme of Penalties for bank branches and Currency Chests for deficiency in rendering customer service to the members of publicPDF - Master Direction – Scheme of Penalties for bank branches and Currency Chests for deficiency in rendering customer service to the members of public
May 22, 2023
₹2000 Denomination Banknotes – Withdrawal from Circulation; Will continue as Legal TenderPDF - ₹2000 Denomination Banknotes –  Withdrawal from Circulation; Will continue as Legal Tender
Apr 03, 2023
Master Direction on Framework of Incentives for Currency Distribution & Exchange Scheme for bank branches including currency chests based on performance in rendering customer service to the members of publicPDF - Master Direction on Framework of Incentives for Currency Distribution & Exchange Scheme for bank branches including currency chests based on performance in rendering customer service to the members of public
Master Direction – Scheme of Penalties for bank branches and Currency Chests for deficiency in rendering customer service to the members of publicPDF - Master Direction – Scheme of Penalties for bank branches and Currency Chests for deficiency in rendering customer service to the members of public
Master Direction on Penal Provisions in reporting of transactions/ balances at Currency ChestsPDF - Master Direction on Penal Provisions in reporting of transactions/ balances at Currency Chests
Master Direction on Counterfeit Notes, 2023 - Detection, Reporting and MonitoringPDF - Master Direction on Counterfeit Notes, 2023 - Detection, Reporting and Monitoring
Master Direction – Facility for Exchange of Notes and Coins (Updated as on May 15, 2023)PDF - Master Direction – Facility for Exchange of Notes and Coins (Updated as on May 15, 2023)
Apr 01, 2022
Master Circular – Detection and Impounding of Counterfeit NotesPDF - Master Circular – Detection and Impounding of Counterfeit Notes
Master Direction on Penal Provisions in deficiencies in reporting of transactions/ balances at Currency ChestsPDF - Master Direction on Penal Provisions in deficiencies in reporting of transactions/ balances at Currency Chests
Master Direction on Framework of Incentives for Currency Distribution & Exchange Scheme for bank branches including currency chests based on performance in rendering customer service to the members of publicPDF - Master Direction on Framework of Incentives for Currency Distribution & Exchange Scheme for bank branches including currency chests based on performance in rendering customer service to the members of public
Master Circular – Scheme of Penalties for bank branches including Currency Chests for deficiency in rendering customer service to the members of publicPDF - Master Circular – Scheme of Penalties for bank branches including Currency Chests for deficiency in rendering customer service to the members of public
Master Circular – Facility for Exchange of Notes and CoinsPDF - Master Circular – Facility for Exchange of Notes and Coins

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