STATE TIMES NEWS
JAMMU: The Reserve Bank of India will shortly issue Rs 500 denomination banknotes in Mahatma Gandhi (new) series with the inset letter ‘E’ in both the number panels, bearing the signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India, the year of printing ‘2016’ and Swachh Bharat logo printed on the reverse of the banknote. “Some of the captioned banknotes will have an additional character ‘*’ (Star) in the number panel in the space between the prefix and the number. Packets containing these notes will have 100 pieces as usual but not in serial order. To facilitate easy identification of note packets containing ‘Star’ notes the bands on such packets will clearly indicate the presence of these notes in the packet. ‘Star’ banknotes in Rs 500 denomination are being issued for the first time. ‘Star’ banknotes in the denomination of Rs 10, 20, 50 and 100 are already in circulation,” release said. All Rs 500 banknotes in the Mahatma Gandhi (new) series, issued from 8th November, 2016 onwards, will continue to be legal tender.