The Reserve Bank of India will shortly issue ₹10 and ₹500 denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Sanjay Malhotra, Governor. The design of these notes is similar in all respects to ₹10 and ₹500 banknotes in Mahatma Gandhi (New) Series. All banknotes in the denomination of ₹10 issued by the Reserve Bank in the past will continue to be legal tender. All banknotes in the denomination of ₹500 in Mahatma Gandhi (New) Series issued by the Reserve Bank in the past will also continue to be legal tender.

(Puneet Pancholy)  
Chief General Manager

Press Release: 2025-2026/36