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RBI to unveil Rs 500 & Rs 10 banknotes with Rupee symbol

Updated: Friday, November 23, 2012, 10:45 [IST]
 
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RBI to unveil Rs 500 & Rs 10 banknotes with Rupee symbol

The Reserve Bank of India (RBI) will unveil Rs 500 and Rs 10 denomination bank notes with a Rupee symbol shortly.

According to the release, "The Reserve Bank of India will shortly issue Rs 500 denomination banknotes with rupee symbol on the obverse and the reverse, inset letter 'E' in both the numbering panels."

Although, the Rs 10 denomination banknotes to be issued with rupee symbol would bear inset letter 'A' in the Mahatma Gandhi series bearing the signature of D Subbarao, Governor of the central bank, and the year of printing '2012' on the reverse of the banknote.

RBI made it clear that the design of these banknotes to be issued would be similar in all respects to the banknotes issued earlier in the 2005 series.

All the banknotes of Rs 500 & Rs 10 denomination issued by Reserve Bank of India earlier will continue to be legal tender.

Topics: rbi
Story first published:  Friday, November 23, 2012, 10:30 [IST]
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