1. RBI to issue new Rs 20, Rs 50 banknotes; old currency notes continue to be legal tender

RBI to issue new Rs 20, Rs 50 banknotes; old currency notes continue to be legal tender

The Reserve bank of India will soon issue new Rs 20 and Rs 50 notes in the Mahatma Gandhi series-2005.

By: | Updated: December 5, 2016 5:08 PM
RBI stated that all the banknotes in the above-mentioned denomination issued by the Bank in the past will continue to be legal tender. (Reuters) RBI stated that all the banknotes in the above-mentioned denomination issued by the Bank in the past will continue to be legal tender. (Reuters)

The Reserve bank of India will soon issue new Rs 20 and Rs 50 banknotes in the Mahatma Gandhi series-2005. Prime Minister Narendra Modi had announced on November 8 to demonestise Rs 500 and Rs 1,000 currency notes. It was followed by launch of new Rs 500 currency notes and introduction of a new denomination of Rs 2,000 by RBI Governor Urjit Patel and secretary of the Department of Economiuc Affairs Shaktikanta Das on the same day. Now 25 days after the decision, it announced today the issuance of new notes of two lower denomination. Meanwhile, giving a relief to the people, the bank stated that all the banknotes in the above mentioned denomination issued by the Bank in the past will continue to be legal tender.

According to the RBI guidelines, the new Rs 20 notes will be issued with inset letter ‘L’ in both the number panels while the new banknotes of Rs 50 denomination will be without inset letter in both the number panels. Besides, the new notes will have signature of Urjit Patel and the year of printing ‘2016’ printed on the reverse of the banknote. The bank also stated that the design and security features of these banknotes will be similar to the earlier banknotes with the ascending font of numerals in both the number panels and without intaglio print issued earlier in Mahatma Gandhi Series.

It may be mentioned here that the new Rs 500 currency notes were issued in a complete new ‘avatar’ from colour to size and to image on its reverse. The size of the new banknote is 63mm x 150mm and the colour is stone grey. It also replaced the image of Dandi March from an image of the Red Fort in Delhi on the reverse. However, the new banknotes of the two low-value currency notes will be same.

  1. pitambar panda
    Dec 4, 2016 at 12:52 pm
    ବୋଉ,ତୋ ହସ ହସ ମୁହ ଦେଖିଦେଲେ ମୋ ପେଟ ପୁରି ଯାଏ. ତୁ ଯେତେବେଳେ ମୋତେ ଗେହ୍ଲାରେ ଲିପା ରେ ଏ ବାବା ଡାକିଦଉ ମୋ ମଲା ମନରେ ବି ଜୀବନ ପଶିଯାଏ. ବୋଉ ଲୋ ତୋ କଥା ବହୁତ୍ ମନେ ପଡୁଛି...ମୁ ରୁଷି କି ଶୋଇଲେ ମୋତେ ବୁଝେଇବ କିଏ. ମୋତେ ପଖାଳ ଶାଗ ଭଜା ଦବ କିଏ????3 ଦିନ ହେଇଗଲା. କୁଆଡେ ପଳେଇଲୁ ଲୋ ମୋ ବୋଉ. ତୁ ଆମକୁ ଏମିତି ୦କି ଦେଲୁ?? ରାଣ ଖାଉଛି ଲୋ ବୋଉ ଓଡିଆ ସିରିଏଲ୍ ଜମା ଚେଞ୍ଜ କରିବିନି. ତୁ ଆରାମ ସେ ବସି ଦେଖିବୁ . ଫେରି ଆ ଲୋ ମୋ ବୋଉ. ତୋତେ ପୁରୀ ବୁଲଇ ନେବି , ଜମା ରାଗିବିନି , ତୋ ସବୁ କଥା ମାନିବି . ସବୁବେଳେ ଘରେ ରହିବି ତୋ ଆଖି ଆଗରେ...ତୋ ଗୋଡ ମୋଡି ଦେବି ଫେରି ଆ ...ମୁ ଜାଣିଛି ତୁ ଏଇଠି ଅଛୁ , ତୋତେ ମୁ ଅନୁଭବ କରୁଛି. କଲି ରାତିରେ ମୋ ମୁଣ୍ଡ ଆଉଁଶୁ ଥିଲୁ ମୁ ଜାଣି ପାରିଲି. ମୋ ସୁନା ବୋଉ ଟା ପରା ମୋତେ ଟିକେ ଦେଖା ଦେ ...କାଇଁ ଛାଡି ଚାଲିଗଲୁ ଲୋ ବୋଉ .. ମୋତେ ଡର ଲାଗିଲେ ମୁଁ କାହାକୁ ଇଲୋ ବୋଉ ଲୋ ବୋଲି ଡାକିବି ???ମୁଁ କାନ୍ଦିଲେ ତୁ ସହି ପାରୁନି ମୁ ଜାଣେ.. କଲି ଠୁ କାନ୍ଦିବା ଛାଡି ଦେଇଛି .ହେଲେ ଏତେ ବଡ ମୁଁ ହେଇନି ଯେ ନିଜେ ସବୁ ନିଷ୍ପତି ଏକା ଏକା ନେଇ ପାରିବି .. ମୋତେ ତୋ ପଣତ କାନି ତଳେ ରଖିବୁ ଲୋ ବୋଉ ...ଯୋଉଠି ଅଛୁ ଖୁସିରେ ଥା..ଇତି ,ତୋ ପୁଅ ..
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