RBI to issue Rs 500 notes with rupee symbol

The Reserve Bank will shortly issue Rs 500 notes which will have the rupee symbol.

The Rs 500 notes will be of the Mahatma Gandh-2005 Series bearing the signature of the Reserve Bank of India (RBI) Governor Mr D Subbarao and with the year of printing mentioned on the back of the banknote, the apex bank said in a statement.

The design of the notes to be issued is similar in all respects to the existing Rs 500 in Mahatma Gandhi Series-2005 issued earlier, except for the rupee symbol.