RBI to issue new Rs 20 denomination notes

Chandigarh, Mar 24: The Reserve Bank of India (RBI) will shortly issue Rs 20 denomination notes with inset letter ''E'' in both numbering panels in the Mahatma Gandhi series bearing the signature of its Governor, Dr Y V Reddy.

Except for the change in the inset letter, the design of new notes is similar in all respects to the banknotes issued earlier in the Mahatma Gandhi series, according to RBI Deputy General Manager S S Bedi here.

All banknotes in the denomination of Rs 20 issued by the bank in the past will continue to be legal tender, he said.

UNI