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RBI To Soon Issue Rs 1000 Banknotes With Inset Letter 'L'

By Religare

The Reserve Bank of India said that it will shortly issue Rs 1000 denomination Banknotes in the Mahatma Gandhi Series - 2005 with inset letter 'L' in both the numbering panels.

The notes will bear the signature of Raghuram G. Rajan, Governor, Reserve Bank of India, and the year of printing '2015' printed on the reverse of the Banknote, RBI said in a notification.

RBI To Soon Issue Rs 1000 Banknotes With Inset Letter 'L'

The design of these notes to be issued now is similar in all respects to the Rs 1000 Banknotes in Mahatma Gandhi Series - 2005 issued earlier, including the additional features, namely, the ascending size of numerals in the number panels, bleed lines and enlarged identification mark on the obverse.

The notes with these features were introduced for the first time in September 2015.

All the Banknotes in the denomination of Rs 1000 issued by the Reserve Bank in the past will continue to be legal tender.

Read more about: rbi banking
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