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A few bundles of the new Mahatma Gandhi series Rs. 50 notes ready for circulation. Photo credit: Reddit.
Reserve Bank of India has decided to shortly issue Rs 50 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of governor Urjit R Patel.
The new denomination has motif of Hampi with Chariot on the reverse, depicting the country's cultural heritage. The base colour of the note is Fluorescent Blue. The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse, the central bank said.
All the banknotes in the denomination of Rs 50 issued by the Reserve Bank in the earlier series will continue to be legal tender, the central bank added.
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