Soon the Reserve Bank of India (RBI) will be issuing Rs. 50 and Rs 100 denomination banknotes having numbering panels in Mahatam Gandhi Series-2005 bearing the signature of Dr. D Subbarao, governor.
The official pointed out only the inset letter has been changed and the rest of the design of these notes to be issued is similar in all respects to the banknotes in Mahatma Gandhi series 2005, along with additional/new security features issued on August 24, 2005.
It stated all banknotes in the denomination of Rs.50 in circulation, issued by the Reserve Bank will continue to be legal tender.
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