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        FEMA & RBI

        Issue of Rs. 1000 denomination banknotes with inset letter 'L' in numbering panel

        May 6, 2014

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        The Reserve Bank of India will shortly issue  Rs. 1000 denomination Banknotes incorporating  " Rs." 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 Dr. Raghuram G. Rajan, Governor, Reserve Bank of India, and the year of printing  '2014' printed on the reverse of the Banknote.

        The 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.

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

        S. K. Gaonkar

        Assistant Manager

        Issuance of banknotes: new notes include inset letter identifier and retain continuity with existing legal tender. The Reserve Bank will issue new Rs. 1000 denomination banknotes in the Mahatma Gandhi Series-2005 featuring the currency symbol on obverse and reverse, an inset letter 'L' in both numbering panels, the Governor's signature and the year of printing; existing notes of the same denomination continue as legal tender.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Issuance of banknotes: new notes include inset letter identifier and retain continuity with existing legal tender.

                                The Reserve Bank will issue new Rs. 1000 denomination banknotes in the Mahatma Gandhi Series-2005 featuring the currency symbol on obverse and reverse, an inset letter "L" in both numbering panels, the Governor's signature and the year of printing; existing notes of the same denomination continue as legal tender.


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