RBI to issue 1000 Rupees Banknotes with inset letter 'R'
The banknotes bearing signature of Raghuram G Rajan, will also have the year of printing '2016' printed on the reverse.
The Reserve Bank of India (RBI) on 9 May 2016 announced that it will shortly issue 1000 rupees denomination banknotes in the Mahatma Gandhi Series – 2005 with the inset letter 'R' in both the number panels.
About the Banknotes
• The banknotes will also have on the obverse, all the other security features, including ascending size of numerals, bleed lines and enlarged identification mark
• It will carry the signature of Dr. Raghuram G. Rajan, Governor, Reserve Bank of India on the obverse.
• These banknotes will also have the year of printing 2016 printed on the reverse.
• The design of these banknotes notes is similar in all respects to the 1000 rupees banknotes in Mahatma Gandhi Series - 2005 issued earlier.
Details of New Features
Ascending size of numerals in numbering panels:
• Numerals in both the numbering panels of banknotes will be in ascending size from left to right, while the first three alpha-numeric characters will remain constant in size.
• The banknotes of 1000 rupees banknotes will have six angular bleed lines in four sets of 1-2-2-1 lines on the obverse in both, the upper left and right hand edge of the banknotes. These will facilitate identification of these notes by visually impaired persons.
Enlarged Identification Mark:
• The existing identification mark (diamond shape in 1000 rupees) near the left edge of the banknote has been enlarged.
• The RBI is committed to continually bring about modifications in the design of banknotes with changing times.
All the banknotes in the denomination of 1000 rupees issued by the Reserve Bank in the past, including 1000 rupees denomination banknotes with ascending size of numerals in the number panels but without bleed lines and enlarged identification mark, will continue to be legal tender.
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