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Rediff.com  » Business » New Rs 1,000 notes soon

New Rs 1,000 notes soon

Source: PTI
Last updated on: May 20, 2009 17:59 IST
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The Reserve Bank of India will shortly issue Rs 1000 denomination banknotes with 'L' inset letter in both numbering panels in Mahatma Gandhi Series -- 2005 bearing the signature of Dr D Subbarao, Governor, said RBI release issued in Chandigarh.

Except for the change in the inset letter, the design of these notes to be issued now is similar in all respects to the banknotes in Mahatma Gandhi Series -- 2005, with additional or new security features issued on October 21,2005.

All banknotes in the denomination of Rs 1,000 in Mahatma Gandhi series issued by the Bank from the year 2000 will continue to be legal tender, it said.

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