RBI Issues Non-Sequential Numbered Banknotes in Denomination of 500
OREANDA-NEWS. June 14, 2011. With a view to enhancing operational efficiency and cost effectiveness in banknote printing at banknote presses, it has been decided to issue, to begin with, fresh banknotes of ` 500 denomination in packets, which may not necessarily all be sequentially numbered. This is consistent with international best practices. Packets of Banknotes in non-sequential number will, as usual, have 100 notes. The bands of the packets containing the banknotes in non-sequential number will clearly be superscribed with the legend, "The packet contains 100 notes not numbered sequentially.
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