The Reserve Bank of India will shortly be issuing Rs.50 notes in Ashoka Pillar Design (old design) bearing the signature of Dr.Bimal Jalan, Governor with capital letter 'B' inset in both numbering panels. Except for this change, the Rs.50 notes to be issued now are similar to those issued earlier in this design. All Rs.50 denominations notes, in various designs, issued by the Bank in the past will continue to be legal tender. Ajit Prasad Manager Press Release : 1999-2000/1208 |