Search results
Results from the WOW.Com Content Network
The Gandhi Series of banknotes are issued by the Reserve Bank of India (RBI) as the legal tender of Indian rupee. The series is so called because the obverse of the banknotes prominently display the portrait of Mahatma Gandhi. Since its introduction in 1996, this series replaced all Lion Capital Series banknotes issued before 1996. The Reserve ...
The Mahatma Gandhi New Series of banknotes are issued by the Reserve Bank of India (RBI) as the legal tender of the Indian rupee (₹), intended to replace the Mahatma Gandhi Series of banknotes. Announced on 8 November 2016, it followed the demonetisation of ₹ 500 and ₹ 1000 banknotes of the original Mahatma Gandhi Series.
On 10 November 2016, the Reserve Bank of India announced, a new redesigned ₹ 50 banknote was to be available as a part of the Mahatma Gandhi New Series. [4] On 18 August 2017, the Reserve Bank of India introduced a new ₹ 50 banknote in the Mahatma Gandhi (New) Series. However, ₹ 50 banknotes of the previous series will continue to be ...
The Indian 500-rupee banknote (₹500) is a denomination of the Indian rupee. In 1987, the ₹500 note was introduced, followed by the ₹1,000 note in 2000 while ₹1 and ₹2 notes were discontinued in 1995. The current ₹500 banknote, in circulation since 10 November 2016, is a part of the Mahatma Gandhi New Series.
The Indian 20-rupee banknote (₹ 20) is a common denomination of the Indian rupee.The current ₹ 20 banknote in circulation is a part of the Mahatma Gandhi New Series.The Reserve Bank introduced the ₹ 20 note in the Mahatma Gandhi New Series in 2019, making it the last denomination to be introduced in the series.
The ₹ 10 note was one of the first notes introduced by the Reserve Bank of India as a part of the Mahatma Gandhi Series in 1996. These notes are presently in circulation along with the Mahatma Gandhi New Series which were introduced in January 2018, this is used alongside the 10 rupee coin.
On 8 November 2016, the Government of India announced the demonetisation of all ₹500 and ₹1,000 banknotes of the Mahatma Gandhi Series.It also announced the issuance of new ₹500 and ₹2,000 banknotes in exchange for the demonetised banknotes. [2]
Watermark of Mahatma Gandhi that is a mirror-image of the main portrait. The number panel of the banknote was printed in embedded fluorescent fibres and optically variable ink. Since 2005, additional security features (including machine-readable security thread, electrotype watermark, and year of print) appear on the bank note.