RBI to introduce New Rs.20/- notes soon in Mahatma Gandhi series

The Reserve Bank of India in an official notification has said it will shortly introduce New Rs.20/- notes. The New Rs.20/- notes will be issued in the Mahatma Gandhi Series. The New Rs.20/- notes have the inset letter ‘S’ in both the number panels and the signature of RBI Governor Urjit Patel, the central bank said.All the banknotes in the denomination of Rs. 20 issued by the Bank in the past will continue to be legal tender.The design of New Rs.20/- notes will be similar in all aspects to the same series issued earlier, the RBI said.

In the New Rs.20/- notes, the numerals in both the number panels will be in ascending size from left to right with the first three alpha-numeric characters (prefix) in constant size.

These Rs. 20 note comes with offset printing instead of intaglio printing in earlier versions.”The numeral ’20’, RBI seal, Mahatma Gandhi’s portrait, RBI legend, Guarantee and promise clause, Governor’s signature, Ashoka Pillar emblem which was hitherto printed in intaglio (raised printing) are now being printed in offset (without any raised printing),” according to the central bank.
While there is no change in the color at the reverse, the color at the obverse is lighter due to the removal of intaglio printing.In 2016, the RBI had issued the new Rs. 20 notes of the Mahatma Gandhi Series-2005.Starting 2016, the new Rs. 20 note comes without a latent image showing the denominational numeral in the vertical band on the right side of Mahatma Gandhi’s portrait.

In earlier Rs. 20 avatars, this image was visible only when the banknote was held horizontally at eye level.

“This feature is no longer present,” the RBI had said in a press release dated September 15, 2016.The Rs. 20 note will have the year of printing on the reverse side.There is no change in the reverse of the banknote.

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Author: Elyuxen

Elyuxen, a student newspaper where students get to work as well as publish all the news related to colleges in and around Hyderabad. It is the first ever student newspaper in South India which is successfully running. The beauty and the tagline of this newspaper is it is *For the student, by the student, of the student

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