New Rs 20 notes to be issued

By Our Banking Bureau | 06 Nov 2004

1

Mumbai: The Reserve Bank of India will shortly be issuing Rs 20 denomination bank notes with inset letter `R' in numbering panel in the Mahatma Gandhi series. These notes will bear the signature of Dr Y V Reddy, governor, RBI, said a press release.

Except for the signature of the governor and change in the inset letter, the design of these notes to be issued now is similar in all respects to those issued earlier in the Mahatma Gandhi series.

All notes in the denomination of Rs20 issued by the RBI in the past will continue to be legal tender.

 

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