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RBI to issue Rs.5/-, Rs.10/-, Rs. 50/- and Rs. 100/- denomination bank notes with inset letter `R' and Rs. 500/- denomination bank notes with inset letter `B' in numbering panel in Mahatma Gandhi series with Dr.Y.V.Reddy's signature

The Reserve Bank of India will shortly be issuing Rs.5/-, Rs.10/-, Rs.50/- and Rs.100/- denomination bank notes with inset letter `R' and Rs.500/- denomination bank notes with inset letter `B' in numbering panel in Mahatma Gandhi Series. These notes will bear the signature of Dr.Y.V.Reddy, Governor. Except for the signature of the Governor and the change in inset letters, the design of these notes to be issued now is similar in all respects to those issued earlier in Mahatma Gandhi Series. All notes in the denomination of Rs. 5/-, Rs.10/-, Rs.50/- and Rs. 100/- issued by the Reserve Bank in the past and Rs. 500/- issued by the Reserve Bank since September 1987 will continue to be legal tender.

P. V. Sadanandan
Manager

Press Release: 2003-2004/925

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