Issue of Rs. 500 denomination banknotes with inset letter "E" in numbering panel

The Reserve Bank of India will shortly issue Rs. 500 denomination Banknotes incorporating " Rs. " symbol on the obverse and reverse, with inset letter 'E' in both the numbering panels, in the Mahatma Gandhi Series-2005 bearing the signature of Dr. Raghuram G. Rajan, Governor, Reserve Bank of India, and the year of printing '2014' printed on the reverse of the Banknote.

The design of theseBanknotes to be issued now is similar in all respects to the Rs. 500 Banknotes in Mahatma Gandhi Series-2005 issued earlier.

All the Banknotes in the denomination of Rs. 500 issued by the Bank in the past will continue to be legal tender.

Nayana Dhuru

Assistant Manager