RBI clarifies on validity of banknotes with a Star (*) symbol

The Reserve Bank of India (RBI) has issued clarification on the validity of banknotes with a Star (*) symbol present on the number panel. According to RBI, it has come to the notice that the validity of banknotes with a Star (*) symbol present on the number panel has recently been the subject of discussions on some social media platforms. The Star (*) symbol is inserted in the number panel of a banknote that is used as replacement for defectively printed banknotes in a packet of 100 pieces of serially numbered banknotes. A banknote with a Star (*) symbol is identical to any other legal banknote, except that in the number panel a Star (*) symbol is added between the prefix and the serial number.