In view of the apprehensions raised regarding the move to withdraw banknotes printed prior to 2005, the Reserve Bank of India, RBI todayclarified that its aim was to remove these notes from the market as they have fewer security features compared to the notes printed after 2005.In a press release issued from Mumbai today, the RBI said that it is a standard international practice to withdraw old series notes. Restating that notes printed prior to 2005 will continue to be legal tender, RBI has however advised people to initiate the process of exchanging notes at bank branches at their convenience.The press release further states that people will be able to exchange any number of these old series notes from the bank branches where they have their accounts, post 1st July 2014. RBI said that it has been withdrawing these bank notes from the market in a routine manner through banks and considers that the volume of the banknotes printed prior to 2005 which are still in circulation, is not significant enough to impact the general public in a large way.RBI has assured that it will continue to monitor and review the process of withdrawal of old series notes so that the public is not inconvenienced in any manner.