he Reserve Bank of India will shortly issue new notes in the denomination of Rs 50 and Rs 500 in both numbering panels in the Mahatma Gandhi series 2005 bearing the signature of DV Subbarao, governor, said an official release.
Except for the change in the inset letter, the design of these notes to be issued now is similar in all respects to the banknotes in the Mahatma Gandhi series 2005, with additional/new security features.
All banknotes in the denomination of Rs500 and Rs50 issued by the bank will continue to be legal tender, said release.
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