The Reserve Bank of India will shortly be issuing Rs.50 denomination bank notes with inset letter `E' in numbering panel in Mahatma Gandhi Series bearing the signature of Dr.Y.V. Reddy, Governor. Except for the change in inset letter, the design of these notes to be issued now is similar in all respects to those issued earlier in Mahatma Gandhi Series. All notes in the denomination of Rs.50 issued by the Reserve Bank in the past will continue to be legal tender. P.V.Sadanandan Manager Press Release: 2004-2005/4 |