The Reserve Bank of India (RBI) announced on Wednesday that it will soon release Rs 50 banknotes with the signature of Governor Sanjay Malhotra.
Malhotra took charge in December 2024, succeeding Shaktikanta Das, who stepped down after completing his extended term.
“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. All banknotes in the denomination of Rs 50 issued by the Reserve Bank in the past will continue to be legal tender.