RBI to issue Rs 20 banknotes with inset letter ‘S’

MUMBAI, June 16:  The Reserve Bank of India(RBI) will shortly issue Rs 20 denomination banknotes in the Mahatma Gandhi Series-2005, with inset letter ‘S’ in both the number panels, bearing the signature of Dr. Raghuram G.Rajan, Governor, Reserve Bank of India.  The year of printing ‘2016 ‘ appears on the reverse of the banknotes. The design of these banknotes to be issued now is similar in all respects to the Rs 20 banknotes in Mahatma Gandhi Series-2005 issued earlier. All banknotes in the denomination of Rs 20 issued by the Bank in the past will continue to be legal tender. (UNI)