The Mystery of Star (*) Symbol on Banknotes: RBI’s Clarification

Recently, social media platforms have been abuzz with discussions about banknotes bearing a Star (*) symbol. The Reserve Bank of India (RBI) issued a press release to shed light on this matter and clarify that these banknotes, known as the “Star Series” banknotes, are legitimate and have a specific purpose. Let’s delve into what the Star Series banknotes are and their significance.

What are Star Series Banknotes?

The Star Series banknotes are a special category of banknotes issued by the RBI. They are introduced to replace defectively printed banknotes in a packet of 100 serially numbered banknotes. In essence, they serve as replacements for flawed notes.

Star Symbol: An Identifier

The Star Series banknotes are almost identical to regular legal banknotes in appearance, security features, and value. The distinguishing feature is the presence of a Star (*) symbol placed in the number panel, between the prefix and the serial number. This Star symbol acts as an identifier, indicating that the banknote is a replacement or reprint.

Serial Numbering of Banknotes until August 2006

Before August 2006, fresh banknotes issued by the RBI were serially numbered, meaning each banknote had a unique serial number and a prefix comprising numerals and letters. These banknotes were distributed in packets containing 100 pieces.

RBI’s Approval Process for Banknote Design

The design, form, and material of banknotes in India are governed by Section 25 of the RBI Act. The responsibility for determining the design elements of banknotes lies with the Central Government. The process involves the following steps:

  1. Central Board’s Recommendations: The Central Board of RBI, the apex decision-making body of the bank, makes recommendations concerning the design, security features, and other aspects of banknotes.
  2. Central Government’s Approval: After considering the Central Board’s recommendations, the Central Government approves the final design, form, and material of banknotes. This approval process ensures that the banknotes meet necessary security standards and reflect the country’s aesthetic and cultural elements.

In conclusion, the Star Series banknotes, featuring the Star (*) symbol, are genuine and serve a crucial role in replacing defective banknotes. Their introduction highlights the meticulous process involved in designing and issuing banknotes to ensure their integrity and security in the financial system.

Star (*) Symbol on Banknotes – FAQs

Q1: What are Star Series banknotes?

Ans: To replace banknotes that were incorrectly produced in a packet of 100 serially numbered banknotes, the Reserve Bank of India (RBI) has created a unique category of banknotes known as the Star Series.

Q2: What is the approval process for banknote design in India?

Ans: Regarding the design of banknotes and other matters, the Central Board of the RBI offers suggestions. The final design, form, and substance of the banknotes are approved by the Central Government after taking these suggestions into account.

Q3: How are Star Series banknotes different from regular banknotes?

Ans: Star Series banknotes resemble conventional legal banknotes in terms of value, design, and security measures. The Star (*) sign in the number panel is the only distinction.


  • Pritipalit

    Priti Palit, an accomplished edtech writer, boasts a wealth of experience in preparing candidates for multiple government exams. With a passion for education and a keen eye for detail, she has contributed significantly to the field of online learning. Priti's expertise and dedication continue to empower aspiring individuals in their pursuit of success in government examinations.

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