back to top
    IndiaRBI to issue new Rs 500 note in new series with inset...

    RBI to issue new Rs 500 note in new series with inset letter R

    Date:

    RBI to issue new Rs 500 note in new series with inset R

    Mumbai, December 19

    The Reserve Bank of on Monday said it is issuing a new batch of Rs 500 notes in Mahatma Gandhi (New) series with the inset letter ‘R' in both the number panels.

    “In continuation of issuing of Rs 500 denomination banknotes in Mahatma Gandhi (new) series which are currently legal tender, a new batch of banknotes with inset letter ‘R' in both the number panels, bearing the signature of Dr Urjit R Patel Governor, Reserve Bank of India, with the year of printing ‘2016' are being issued,” RBI said in a notification.

    The central bank in two separate notifications further said it will shortly issue Rs 50 denomination banknotes in the Mahatma Gandhi Series-2005, with inset letter ‘R' and ‘L' in both the number panels.

    The new notes will bear the signature of Urjit R Patel, the incumbent RBI Governor, and the year of printing ‘2016' printed on the reverse of the banknote.

    “These banknotes (Rs 50 notes with insert letter L and R) have the ascending size of numerals in the number panels; the banknotes are similar to the banknotes of Rs 50 issued earlier in Mahatma Gandhi Series-2005,” RBI said. — PTI

    Northlines
    Northlines
    The Northlines is an independent source on the Web for news, facts and figures relating to Jammu, Kashmir and Ladakh and its neighbourhood.

    Share post:

    Popular

    More like this
    Related

    Relief For Salaried Class Under New Tax Regime; 50% Hike In Standard Deduction To Rs 75,000

    New Delhi, Jul 23: In sops for the middle...

    Union Budget Proposes Reduction In Customs Duty On Gold, Silver, Platinum

    New Delhi, Jul 23: Finance Minister Nirmala Sitharaman on...

    Budget 2024-25 | Mobile Phones To Get Cheaper, As FM Reduces Basic Customs Duty To 15%

    New Delhi, Jul 23: Finance Minister Nirmala Sitharaman announced...

    Budget 2024 | Govt Announces Rs 1.5 Lakh Cr Interest-Free Loans For Infra Development In States

    New Delhi, Jul 23: To help states in developing...