RBI to issue fluorescent blue Rs 50 notes with many new features
Published: Aug 19, 2017
By TIOLCORPLAW News Service
MUMBAI, AUG 19, 2017: The Reserve Bank of India (RBI) will soon issue new Rs. 50 denomination banknotes in the Mahatma Gandhi New Series, to continue the drive of Prime Minister, Mr. Narendra Modi in draining all illegal cash from the economy.
With fluorescent blue as its base colour, the new notes will bear the picture of the iconic stone chariot at Hampi on the reverse, depicting the country's cultural heritage. The new note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse and will measure 66 mm x 135 mm.
All the banknotes in the denomination of Rs. 50/- issued by the Reserve Bank in the earlier series will continue to be legal tender.
Salient Features of the new Rs. 50 banknotes:
Obverse (Front)
1. See through register with denominational numeral 50,
2. Denominational numeral ?? in Devnagari,
3. Portrait of Mahatma Gandhi at the centre,
4. Micro letters ‘RBI', ‘????', ‘INDIA' and ‘50',
5. Windowed demetalised security thread with inscriptions ‘????'' and RBI,
6. Guarantee Clause, Governor's signature with Promise Clause and RBI emblem towards right of Mahatma Gandhi portrait,
7. Ashoka Pillar emblem on the right,
8. Mahatma Gandhi portrait and electrotype (50) watermarks,
9. Number panel with numerals growing from small to big on the top left side and bottom right side.
Reverse (Back)
10. Year of printing of the note on the left,
11. Swachh Bharat logo with slogan,
12. Language panel,
13. Motif of Hampi with Chariot ,
14. Denominational numeral ?? in Devnagari.