India to Issue New 500 Rupee Notes Soon With Inset Letter "E"
 

The Reserve Bank of India (RBI) will shortly issue Rs 500 denomination
new banknotes with `E` inset letter in both numbering panels in
Mahatma Gandhi Series - 2005 bearing the signature of D. Subbarao,
governor.

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/ new security features
issued on Oct. 21, 2005.

All banknotes in the denomination of Rs 500 in Mahatma Gandhi series
issued by RBI from the year 2000 will continue to be legal tender.

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