RBI to issue new Rs 20 denomination notes

The notes will have rupee symbol, with inset letter E, in the Mahatma Gandhi Series-2005 bearing the signature of Raghuram G Rajan

The Reserve Bank will shortly issue new Rs 20 denomination banknotes in the Mahatma Gandhi series-2005 with inset letter E.

"The RBI will shortly issue rupees 20 denomination banknotes incorporating rupee symbol, with inset letter E, in the Mahatma Gandhi Series-2005 bearing the signature of Raghuram G Rajan, Governor," RBI said in a release.

These banknotes would bear the year of printing '2014' on the reverse side of the currency.

RBI said design of these notes to be issued now is similar in all respects to the rupees 20 banknotes in Mahatma Gandhi Series-2005, issued earlier.

"All the banknotes in the denomination of rupees 20 issued by the Bank in the past will continue to be legal tender.