RBI to issue new Rs 10 banknotes under MG series-2005

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RBI to issue new Rs 10 banknotes under MG series-2005
The Reserve Bank of India will soon issue Rs 10 denomination banknotes with inset letter 'T' in both the numbering panels.

"The Reserve Bank of India will shortly issue 10 denomination Banknotes in the Mahatma Gandhi Series-2005, incorporating "" symbol on the obverse and reverse, with inset letter 'T' in both the numbering panels, bearing the signature of Dr. Raghuram G. Rajan, Governor, Reserve Bank of India, and the year of printing '2014' printed on the reverse of the Banknote," RBI said in a press release.

The design of these notes to be issued now is similar in all respects to the 10 Banknotes in Mahatma Gandhi Series-2005 issued earlier, RBI said.

All the Banknotes in the denomination of 10 issued by the Bank in the past will continue to be legal tender.

MG series 2005 banknotes are issued in the denomination of Rs 10, Rs 20, Rs 50, Rs 100, Rs 500 and Rs 1,000 and contain some additional or new security features as compared to the previous MG series notes.

In addition to extra security features, MG series-2005 banknotes have the year of printing on the reverse of the banknotes which is not present in the pre-2005 series.

Read more about: rbi, reserve bank of india
Story first published: Monday, September 8, 2014, 12:30 [IST]
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