Supreme Court: Amalgamating Company Loss Cannot be Set Off Against Amalgamated Income || Supreme Court: Hostile Witness Deposition Admissible to the Extent it is Found Credible and Reliable || SC Upholds Penalty on Bank For Delay in Cheque Presentation under Consumer Protection Act || Karnataka High Court Orders Strict Statewide Implementation of Menstrual Leave Policy || Delhi HC: Emergency Arbitrator Awards are Not Binding on Indian Courts in Interim Relief Proceedings || Del HC Imposes ?10L Fine on Parle Agro For Non-Disclosure of Sales Revenue in Pepsico Trademark Case || Supreme Court: Spouse Cannot Withdraw Consent for Mutual Divorce After Settlement Agreement || Supreme Court Suspends PC Act Sentence of Former Minister Anosh Ekka, Flags Overlapping CBI Cases || Supreme Court: Magistrate’s Probe Order Can’t be Quashed on Accused’s Defence || Delhi High Court: No Adverse Inference if Handwriting Sample Refused Without Section 73 Disclosure

Issuance of Rs. 500 bank notes without inset letter, in the Mahatma Gandhi (New Series)- (Reserve Bank of India) (08 Dec 2016)

MANU/RPRL/0313/2016

Banking

The Reserve Bank of India will shortly issue Rs. 500 denomination banknotes in the Mahatma Gandhi (New) Series, without any inset letter, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the banknote. The design of these notes to be issued now is similar in all respects to the Rs. 500 banknotes in Mahatma Gandhi (New) Series which was notified through Press Release : 2016-2017/1146 dated November 08, 2016. All Rs. 500 bank notes issued earlier in the Mahatma Gandhi (New) series will continue to be legal tender.

Tags : BANK NOTES ISSUANCE INSET LETTER

Share :