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RBI to issue new Rs 50,Rs 100 notes

RBI will shortly issue Rs. 50 and Rs 100 denomination banknotes in both numbering panels in Mahatam Gandhi Series-2005.

The Reserve Bank of India will shortly issue Rs. 50 and Rs 100 denomination banknotes in both numbering panels in Mahatam Gandhi Series-2005 bearing the signature of Dr. D Subbarao,governor.

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 Mahatma Gandhi series 2005,with additional/new security features issued on August 24,2005,said an official release.

All banknotes in the denomination of Rs.50 issued by the Reserve Bank in the past will continue to be legal tender,it said.

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