The Reserve Bank of India will shortly issue  Rs. 50 denomination Banknotes incorporating " Rs. " symbol on the obverse and reverse, with inset letter "R" 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. 50 Banknotes in Mahatma Gandhi Series-2005 issued earlier.

All the Banknotes in the denomination of Rs. 50 issued by the Bank in the past will continue to be legal tender.

Ajit Prasad

Assistant General Manager

Legal tender status preserved as new denomination banknotes with inset letter identifier and year-marking are issued. The central bank announces issuance of a new series of fifty-rupee banknotes in the Mahatma Gandhi Series-2005 design bearing the Governor's signature, the year of printing on the reverse, and an inset letter 'R' in both numbering panels; all previously issued banknotes of this denomination continue as legal tender.