Daijiworld Media Network- Mumbai
Mumbai, Feb 16: The Reserve Bank of India (RBI) has announced that it will soon introduce Rs 50 denomination banknotes featuring the signature of its newly appointed Governor, Sanjay Malhotra.
Malhotra took charge as the RBI Governor in December 2024, succeeding Shaktikanta Das, who stepped down upon completing his extended tenure.
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According to an official statement from the RBI, "The design of these notes will remain identical to the existing Rs 50 banknotes issued under the Mahatma Gandhi (New) Series."
The RBI has further clarified that all previously issued Rs 50 denomination banknotes will continue to be valid legal tender.