• search

RBI to issue Rs 500 notes with inset letter 'L'

Written by: Staff

Mumbai, Apr 4: Reserve Bank of India (RBI) will soon issue bank notes in Rs 500 denomination with inset letter 'L' in both numbering panels of Mahatma Gandhi series-2005, with additional security features bearing the signature of Governor Dr Y V Reddy.

Except for the change in the inset letter, the design of these notes, to be issued now, is similar in all respects to the bank notes issued earlier in Mahatma Gandhi series, with additional and new security features issued on October 21 last year.

All bank notes in the denomination of Rs 500 issued by the bank after 1987 will continue to be legal tender, a RBI release said.


For Daily Alerts
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more