in

First time RBI is going to issue Rs 20 notes in Market, full details about Notes

The Reserve Bank of India (RBI) on Friday, 26 April, confirmed the news in a press release that a freshly printed Rs 20 note will be issued anytime soon.

In a recent official statement released on Friday, the central bank, official issuer of currency in India, said that “the new denomination has motif of Ellora Caves on the reverse, depicting the country’s cultural heritage.”

The new Rs 20 note will be rolled out in “greenish yellow” in colour, the statement added.

Credits: Latestly

“All the banknotes in the denomination of Rs 20 issued by the Reserve Bank in the earlier series will continue to be legal tender,” the statement also said.

Besides motif of Ellora caves, the note would have common features like Mahatma Gandhi’s portrait, RBI governor’s signature, the Ashoka pillar and Swachh Bharat logo.

Since bringing new Rs 2,000 and Rs 500 notes, soon after demonetisation in November 2016, the Reserve Bank of India rolled out currency notes with new designs for all major denominations.

Written by Sagar Abhinandan

Leave a Reply

Your email address will not be published. Required fields are marked *

Brazilian couple turned an entire barren land into Forest by planting 4 million trees

Over 200 US companies planning to move their manufacturing base to India from China: USIS says