Don’t miss the latest developments in business and finance.

RBI Introduces Rs 50 banknote in Mahatma Gandhi (New) Series

Image
Capital Market
Last Updated : Aug 22 2017 | 12:01 AM IST

The Reserve Bank of India will shortly issue Rs 50 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India. The new denomination has motif of Hampi with Chariot on the reverse, depicting the country's cultural heritage. The base colour of the note is Fluorescent Blue. The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse.

All the banknotes in the denomination of Rs 50 issued by the Reserve Bank in the earlier series will continue to be legal tender.

ii Salient Features

Obverse (Front)

1. See through register with denominational numeral 50,

2. Denominational numeral ५० in Devnagari,

More From This Section

3. Portrait of Mahatma Gandhi at the centre,

4. Micro letters 'RBI', 'भारत', 'INDIA' and '50',

5. Windowed demetalised security thread with inscriptions 'भारत' and RBI,

6. Guarantee Clause, Governor's signature with Promise Clause and RBI emblem towards right of Mahatma Gandhi portrait,

7. Ashoka Pillar emblem on the right,

8. Mahatma Gandhi portrait and electrotype (50) watermarks,

9. Number panel with numerals growing from small to big on the top left side and bottom right side.

Reverse (Back)

10. Year of printing of the note on the left,

11. Swachh Bharat logo with slogan,

12. Language panel,

13. Motif of Hampi with Chariot,

14. Denominational numeral 50 in Devnagari.

Dimension of the banknote will be 66 mm x 135 mm.

Powered by Capital Market - Live News

Also Read

First Published: Aug 21 2017 | 3:08 PM IST

Next Story