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5 Rupees
| Issuer | Reserve Bank of India |
|---|---|
| Year | 1938 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | P#4 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | RESERVE BANK OF INDIA FIVE RUPEES Rs. 5 |
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| Protection type | Log in to see details |
| Protection description | Reserve Bank of India emblem watermark visible in the blank left panel on the obverse. |
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| Comments |
The Reserve Bank of India was only three years old when this note was issued, having been established in 1935 to take over currency functions from the colonial Controller of Currency. J.B. Taylor served as the second Governor, an appointment that placed a British official at the helm of what was nominally India's own central bank — a political arrangement that would remain contentious through the final decade of the Raj.
Printing at Nasik rather than in Britain marks a meaningful shift. Earlier Indian currency had relied heavily on overseas production; the Security Printing Press at Nasik represented a deliberate move toward domestic capacity, though the institutional framework remained firmly colonial in character through Partition and beyond.