New Rs 500 notes with inset letter A
AGENCY
New Delhi: The Reserve Bank of India (RBI) on Tuesday introduced new batch of banknotes of Rs 500 with inset letter A while old notes of E series will remain valid.
“In continuation of issuing of Rs 500 denomination banknotes in Mahatma Gandhi (new) series from time-to-time which are currently legal tender, a new batch of banknotes with inset letter “A” in both the number panels, bearing the signature of RBI Governor Urjit R Patel; with the year of printing ‘2017’ on the reverse, are being issued,” RBI said in a statement The design of these notes is similar in all respects to the earlier Rs 500 notes.