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Wednesday, Dec 07, 2005


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Money & Banking - RBI & Other Central Banks


New Rs 50, Rs 100 notes

Our Bureau

Mumbai , Dec. 6

THE Reserve Bank of India will shortly issue new Rs 50 and Rs 100 denomination banknotes.

According to a press release from RBI, the new banknotes will have inset letter `L' in both numbering panels in the Mahatma Gandhi series - 2005, bearing the signature of RBI Governor, Dr Y.V. Reddy.

The inset letter is the only change in the design of the notes in these series in the Mahatma Gandhi series with additional security features issued in August.

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