The Reserve Bank of India will shortly issue banknotes in ₹ 50 denomination in Mahatma Gandhi Series - 2005, with the numerals in both the number panels in ascending size from left to right while the first three alpha-numeric characters(prefix) will remain constant in size. The banknotes will also have inset letter 'R'. The bank notes will bear the signature of Dr. Raghuram G.Rajan, Governor, Reserve Bank of India, and the year of printing '2015' printed on the reverse. The design of these bank notes being issued now is similar in all other respects to the ₹ 50 banknotes in Mahatma Gandhi Series - 2005 issued earlier.
The Reserve Bank has already issued banknotes with ascending size of numerals in the number panels in ₹ 100, ₹ 500, and ₹ 1000 denominations.
All the bank notes in the denomination of ₹ 50 issued by the Reserve Bank in the past will continue to be legal tender.
Principal Chief General Manager
Press Release : 2015-2016/732