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RBI to issue Rs 50 Banknotes with inset 'R' and numerals in ascending size

Updated: Sep 24, 2015 12:17:22pm
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Mumbai, Sept 24 (KNN) The Reserve Bank of India (RBI) will shortly issue banknotes in Rs 50 denomination in Mahatma Gandhi Series - 2005, with the numerals in both the number panels in ascending size from left to right while the first three alpha-numeric characters(prefix) will remain constant in size.
 
The banknotes will also have inset letter 'R'. The bank notes will bear the signature of Raghuram G.Rajan, Governor, RBI, and the year of printing '2015' printed on the reverse.
 
The design of these bank notes being issued now is similar in all other respects to the Rs 50 banknotes in Mahatma Gandhi Series - 2005 issued earlier.
 
The Reserve Bank has already issued banknotes with ascending size of numerals in the number panels in Rs 100, Rs 500, and Rs 1000 denominations.
 
All the bank notes in the denomination of Rs 50 issued by the Reserve Bank in the past will continue to be legal tender, RBI said. (KNN Bureau)

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