Kavan Ratnatunga of Sri Lanka inquired about the Bank of India banknote error reported last week. Collector Shamik Biswas writes:

Amid reports of goof-up in printing of notes, Reserve Bank of India (RBI) said on Tuesday that the new notes bearing signature of former Governor D Subbarao are legal tender and the process of changing signature is underway.

Changing a Governor's signature on the banknotes is a tedious process, the RBI said.

'To complete the process in all the banknote presses for all denominations of banknotes is a programme which is under way and is expected to be completed in due course,' it said. The explanation comes amid reports that new Rs 1,000 and Rs 500 notes bearing signature of Subbarao, who has demited office in September 2013, are being rolled out from RBI printing presses.

To read the complete article, see:RBI denies goof-up as new notes carry Subbarao signature(www.millenniumpost.in/NewsContent.aspx?NID=53461)

To read the earlier E-Sylum article, see:BANK OF INDIA GOOFS GOVERNOR'S SIGNATURE(www.coinbooks.org/esylum_v17n10a25.html)