The Reserve Bank of India (RBI) has clarified that 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, stated regulator’s statement on Thursday
The central bank said the star (*) symbol present on the number panel of a banknote is an identifier that it is a replaced/reprinted banknote.
This clarification comes in the wake of the validity of banknotes with a star (*) symbol present on the number panel recently becoming the subject of discussion on some social media platforms.
“In this connection, it is informed that 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,” reads the central bank's statement signed by its chief general manager.
For more details, one can read the Frequently Asked Questions on RBI’s website here.