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RBI to issue Rs 500 and Rs 1000 banknotes with three additional features

Updated: Sep 23, 2015 11:12:48am
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Mumbai, Sept 23 (KNN) The Reserve Bank of India will shortly put into circulation banknotes in the denominations of Rs 500 and Rs 1000 incorporating three new/revised features - ascending size of numerals in the number panels; bleed lines; and enlarged identification mark.

It may be recalled that the Reserve Bank recently put into circulation Rs 500 banknotes with numerals in ascending size in number panels but without bleed lines and enlarged identification mark, RBI said in a release.

It has now added two more features to aid visually impaired in easy identification of banknotes part from securing them against counterfeiting.

The current banknotes will be without inset letter in the number panels. The notes will bear signature of Raghuram G Rajan, RBI Governor. The year of printing (2015) appears on the reverse. Except for these features, the overall design of Rs 500 and Rs 1000 banknotes have been retained.

All banknotes in these denominations issued hitherto by the Reserve Bank will continue to be legal tender. (KNN Bureau)

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