 "New currency notes of Rs 500")
The Reserve Bank of India (RBI) announced on Tuesday that it has issued Rs 500 denomination notes with inset letter A. However, the old notes, which were introduced after Prime Narendra Modi’s demonetisation drive in November 2016 will continue to remain the legal tender.
The central bank, in a statement, said that this was in continuation of the issue of Rs 500 denomination banknotes in Mahatma Gandhi (new) series, which were notified on November 8, 2016. From time to time, the bank introduces new series of legal tender.
"In continuation of issuing of Rs 500 denomination banknotes in Mahatma Gandhi (new)
