<p>Mumbai: The Reserve Bank of India on Wednesday said it will soon issue Rs 50 denomination banknotes bearing the signature of Governor Sanjay Malhotra.</p>.<p>Malhotra assumed office in December 2024 replacing Shaktikanta Das who demitted office after completion of his extended term.</p>.RBI lifts curbs on Kotak Mahindra Bank; lender can issue fresh credit cards.<p>"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.</p>.<p>All banknotes in the denomination of Rs 50 issued by the Reserve Bank in the past will continue to be legal tender.</p>
<p>Mumbai: The Reserve Bank of India on Wednesday said it will soon issue Rs 50 denomination banknotes bearing the signature of Governor Sanjay Malhotra.</p>.<p>Malhotra assumed office in December 2024 replacing Shaktikanta Das who demitted office after completion of his extended term.</p>.RBI lifts curbs on Kotak Mahindra Bank; lender can issue fresh credit cards.<p>"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.</p>.<p>All banknotes in the denomination of Rs 50 issued by the Reserve Bank in the past will continue to be legal tender.</p>