India News | RBI to Issue Rs 50 Notes with Guv Malhotra's Signature

Mumbai, Feb 12 (PTI) The Reserve Bank of India on Wednesday said it will soon issue Rs 50 denomination banknotes bearing the signature of Governor Sanjay Malhotra.

Malhotra assumed office in December 2024 replacing Shaktikanta Das who demitted office after completion of his extended term.

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"The design of these notes is similar in all respects to Rs 50 banknotes in Mahatma Gandhi (New) Series," the RBI said in a statement.

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

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)