Saturday, January 21, 2012

Five-rupee note still valid: RBI

Hyderabad  : Allaying fears that the five-rupee note will be withdrawn, the Reserve Bank of India (RBI) has said that the five rupee note is not being withdrawn and will continue to be a legal tender. This clarification is being issued in the wake of certain reports in the media that the note will not be used by the Reserve Bank of India for exchange, a press release said. The RBI has also advised the general public to use the five rupee note like any other bank note for all necessary transactions.
HBL