India announces 1,000 rupees note with R inset letter
The Reserve Bank of India has released the following press release to announce new 1,000 rupees banknotes incorporating the rupee symbol, with 'R' inset letter, in the Mahatma Gandhi Series-2005 bearing the signature of Dr. Raghuram G. Rajan, Governor of the Reserve Bank of India, and the year of printing '2014' printed on the reverse of the banknote.
The design of these notes is similar in all respects to the 1,000 rupees banknotes in Mahatma Gandhi Series-2005, issued earlier. All the banknotes in the denomination of 1,000 rupees issued by the Bank of India in the past will continue to be legal tender.
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