News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 10 years ago
Home  » Business » Raghuram Rajan signed Rs 1000 banknotes to come up shortly

Raghuram Rajan signed Rs 1000 banknotes to come up shortly

Source: PTI
Last updated on: May 06, 2014 17:33 IST
Get Rediff News in your Inbox:

RupeeReserve Bank will shortly issue banknotes of Rs 1000 denomination in the Mahatma Gandhi series-2005 bearing the signature of Governor Raghuram Rajan.

"The RBI will shortly issue Rs 1000 denomination Banknotes incorporating rupee symbol on the obverse and reverse, with inset letter 'L' in both the numbering panels, in the Mahatma Gandhi Series-2005

bearing the signature of Raghuram G Rajan, Governor," RBI said in a notification on Tuesday.

The year of printing 2014 would be on the reverse of the banknote, it added.

Design of these notes to be issued now is similar in all respects to the Rs 1000 Banknotes in Mahatma Gandhi Series-2005 issued earlier, RBI said.

"All the Banknotes in the denomination of Rs 1000 issued by the Bank in the past will continue to be legal tender," the notification said.

Get Rediff News in your Inbox:
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 

Moneywiz Live!