The Reserve Financial institution of India on Friday introduced that it’ll quickly difficulty Rs 10 and Rs 500 denomination banknotes within the Mahatma Gandhi (New) Collection, that includes the signature of Governor Sanjay Malhotra.
The design of those notes stays an identical in all points to the prevailing Rs 10 and Rs 500 banknotes within the Mahatma Gandhi (New) Collection, the central financial institution mentioned.
All beforehand issued Rs 10 notes by the Reserve Financial institution will proceed to be authorized tender.
Equally, all Rs 500 notes within the Mahatma Gandhi (New) Collection issued earlier may also stay legitimate.
Simply final month, the RBI had declared its plan to launch Rs 100 and Rs 200 denomination banknotes carrying Governor Malhotra’s signature.
Sanjay Malhotra assumed cost as RBI Governor in December 2024, succeeding Shaktikanta Das, who stepped down after finishing his prolonged time period.
(With inputs from businesses)
