RBI to issue ₹ 1000 banknotes with inset letter R

By | May 10, 2016
(Last Updated On: May 10, 2016)

Date : May 09, 2016

RBI to issue ₹ 1000 banknotes with inset letter ‘R’

The Reserve Bank of India will shortly issue ₹ 1000 denomination banknotes in the Mahatma Gandhi Series – 2005 with the inset letter ‘R’ in both the number panels. The banknotes will also have on the obverse, all the other security features, including ascending size of numerals, bleed lines and enlarged identification mark as well as the signature of Dr. Raghuram G. Rajan, Governor, Reserve Bank of India. These banknotes will also have the year of printing ‘2016’ printed on the reverse.

The design of these banknotes notes to be issued now is similar in all respects to the ₹ 1000 banknotes in Mahatma Gandhi Series – 2005 issued earlier.

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

Ajit Prasad
Assistant Adviser

Press Release: 2015-2016/2611

Category: RBI

About CA Satbir Singh

Chartered Accountant having 12+ years of Experience in Taxation , Finance and GST related matters and can be reached at Email : Taxheal@gmail.com

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