New Rs 20 & Rs 50 notes to be issued by RBI shortly

New Rs 20 & Rs 50 notes to be issued by RBI shortly

Posted by Vivek Nama on December 5th 2016

The Reserve Bank of India will shortly issue  Rs20 and Rs 50 denomination banknotes in the Mahatma Gandhi Series-2005, with inset letter ‘L’ in both the number panels, bearing signature of Dr. Urjit R Patel, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the banknote.

The design and security features of these banknotes will be similar to the banknotes of Rs 20 &Rs 50 denomination with the ascending font of numerals in both the number panels and without intaglio print issued earlier in Mahatma Gandhi Series- 2005.

All the banknotes in the denomination of Rs 20 and Rs 50  issued by the Bank in the past will continue to be legal tender.( RBI)

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