"The RBI will shortly issue Rs 500 denomination banknotes incorporating rupee symbol on the obverse and reverse, with inset letter 'R' in both the numbering panels, in the Mahatma Gandhi Series-2005," RBI said in a notification.
The banknotes would be bearing the signature of RBI governor Raghuram G Rajan and the year of printing '2013' printed on the reverse of the banknote, it said.
The design of these notes to be issued now is similar in all respects to the Rs 500 banknotes in Mahatma Gandhi Series-2005 issued earlier, it added.
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