Everything About New Rs500 Note Launched By RBI
By: Priyanka Maheshwari Tue, 13 June 2017 2:45:55
The Reserve Banks of India (RBI) announced introduction of new Rs 500 currency notes on 13 June, 2017.
"In continuation of issuing of Rs 500 denomination banknotes in Mahatma Gandhi (new) series from time to time which are currently legal tender, a new batch of banknotes with inset letter "A" in both the number panels bearing the signature of Dr. Urjit R. Patel Governor, Reserve Bank of India; with the year of printing '2017' on the reverse, are being issued," RBI said in a press release.
The design of these notes is similar in all respects to the Rs 500 banknotes in Mahatma Gandhi (New) Series, RBI added.
The current Rs 500 notes have inset letter E.
