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        FEMA & RBI

        Issue of Rs. 20 Banknotes with incorporation of Rupee symbol (Rs.) without inset letter

        May 6, 2014

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        The Reserve Bank of India will shortly issue Rs. 20 denomination Banknotes incorporating  " Rs. " symbol, without inset letter, 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. 20 Banknotes in Mahatma Gandhi Series-2005, issued earlier.

        All the Banknotes in the denomination of Rs. 20 issued by the Bank in the past will continue to be legal tender.

        S. K. Gaonkar

        Assistant Manager

        Currency issuance: New banknotes incorporate the rupee symbol without inset letter; existing notes remain legal tender. The Reserve Bank of India will issue twenty-rupee banknotes in the Mahatma Gandhi Series 2005 incorporating the rupee symbol without an inset letter, bearing the Governor's signature and the year of printing on the reverse; the design otherwise matches earlier issues and all previously issued twenty-rupee notes remain 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.

                                Currency issuance: New banknotes incorporate the rupee symbol without inset letter; existing notes remain legal tender.

                                The Reserve Bank of India will issue twenty-rupee banknotes in the Mahatma Gandhi Series 2005 incorporating the rupee symbol without an inset letter, bearing the Governor's signature and the year of printing on the reverse; the design otherwise matches earlier issues and all previously issued twenty-rupee notes remain legal tender.


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