The Reserve Bank of India will
shortly be issuing Rs.50 denomination bank notes with inset letter `F' in both
numbering panels in Mahatma Gandhi Series. These notes will bear the signature
of Dr. Y.V.Reddy, Governor. Except for the change in the inset letter, the design
of these notes to be issued now is similar in all respects to those issued earlier
in the Mahatma Gandhi Series. All notes in the denomination of Rs.50 issued
by the Bank in the past will continue to be legal tender.
Press Release: 2004-2005/1318