RBI to issue new Rs 20 notes soon, design to be similar to notes currently in circulation

All the banknotes in the denomination of Rs. 20 issued by the Bank in the past will continue to be legal tender.

|Jul 20, 2017, 09:47:12 IST

MUMBAI: The Reserve Bank will shortly issue bank notes of denomination Rs. 20 in Mahatma Gandhi series 2005 that will be similar in design to those currently in circulation.[caption id="attachment_3824089" align="alignleft" width="380"] AFP[/caption]The new notes will be bearing inset letter 'S' in the number panel and signature of Governor Urjit R Patel, the RBI said in a notification today.Both the number panels will have inset letter 'S', the RBI said, adding that the design of these banknotes to be issued now is similar in all aspects to the Rs. 20 banknotes in the same series issued earlier."All the banknotes in the denomination of Rs. 20 issued by the Bank in the past will continue to be legal tender," the RBI added.

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