April 26, 2024 17:42 (IST)
RBI to issue rupees 1000 banknotes with inset letter 'R'
Mumbai, May 10 (IBNS) Reserve Bank of India announced on Monday that it will shortly issue banknotes of rupees 1000 denomination in the Mahatma Gandhi Series – 2005 which will have the inset letter 'R' in both the number panels.
The banknotes will also have on the obverse, all the other security features, including ascending size of numerals, bleed lines and enlarged identification mark as well as the signature of Dr. Raghuram G. Rajan, Governor, Reserve Bank of India.
These banknotes will also have the year of printing '2016' printed on the reverse.
The RBI said that the design of these banknotes notes to be issued now is similar in all respects to the rupees 1000 banknotes in Mahatma Gandhi Series - 2005 issued earlier.
All the banknotes in the denomination of rupees 1000 issued by the Reserve Bank in the past, including rupees 1000 denomination banknotes with ascending size of numerals in the number panels but without bleed lines and enlarged identification mark, will continue to be legal tender, the RBI said.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Stock market opens in green with Nifty near 22,600 Fri, Apr 26 2024
Vedanta Ltd Q4FY24 net profit drops 27% YoY to Rs 1,369 cr Thu, Apr 25 2024
Swiggy gets shareholders' nod for $ 1.2 billion IPO Thu, Apr 25 2024
HUL Q4FY24 profit drops 6% YoY to Rs 2,406 cr Thu, Apr 25 2024
Credit card spending grows 27% YoY to Rs 18.26 trillion in FY24: RBI Thu, Apr 25 2024
Mahindra Tractors crosses milestone by selling 40 lakh tractor units Thu, Apr 25 2024