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Reserve Bank to issue new Rs 100, Rs 500 notes

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Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 7:34 PM IST

The Reserve Bank of India (RBI) today said it would shortly issue Rs 100 and Rs 500 denomination notes with inset letter 'R', bearing the signature of RBI Governor D Subbarao.

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 and new security features, the RBI said in two different releases.

All notes in the denomination of Rs 100 and Rs 500 issued by the apex bank in the past will continue to be legal tender, it added.

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First Published: Mar 09 2009 | 8:23 PM IST

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