RBI to issue new Rs 500 note in new series with inset letter R

RBI to issue new Rs 500 note in new series with inset letter R The Reserve Bank of India on Monday said it is issuing a new batch of Rs 500 notes in Mahatma Gandhi (New) series with the inset letter R in both the number panels. “In continuation of issuing of Rs 500 denomination banknotes in Mahatma Gandhi (new) series which are currently legal tender, a new batch of banknotes with inset

letter ‘R’ in both the number panels, bearing the signature of Dr Urjit R Patel Governor, Reserve Bank of India, with the year of printing ‘2016’ are being issued,” RBI said in a notification.