Rs 1,000 denomination banknotes to be issued non-sequentially: RBI

The Reserve Bank today said it will soon start issuing banknotes of Rs 1,000 denomination in non-sequential numbering.

The packets of banknotes in non-sequential number will have hundred notes, the apex bank said in a statement.

In June last year, RBI had started issuing Rs 500 denomination notes in non-sequential numbering.

"It has now been decided to issue banknotes of Rs 1000 denomination also on similar lines," the statement said.

The bands of the packets containing the banknotes in non-sequential number will be superscribed with the words 'the packet contains 100 notes not numbered sequentially'.

Source: Financial Express