The Reserve Bank of India will shortly issue
Rs.50 denomination banknotes with inset letter `E' in both numbering panels
in Mahatma Gandhi Series – 2005 bearing the signature of Dr. Y.V.Reddy, Governor.
Except for the change in inset letter, the design of these notes to be issued
now is similar in all respects to the banknotes in Mahatma Gandhi Series with
additional/new security features issued on August 24, 2005. All banknotes in
the denomination of Rs.50 issued by the Bank in the past will continue to be
Press Release: 2005-2006/1027