New Rs 500 notes were issued after old were banned.There is no major change in design of these notes in comparison to the earlier issued notes. Patel Governor, Reserve Bank of India; with the year of printing &insulation boards Factory39;2017' on the reverse, are being issued," RBI said in a statement.The central bank had last week revealed that # nearly 83 per cent of the currency notes that were demonetised have already been remonetised back into the system."In continuation of issuing of Rs 500 denomination banknotes in Mahatma Gandhi (new) series from time to time which are currently legal tender, a new batch of banknotes with inset letter "A" in both the number panels, bearing the signature of Dr.
The RBI had issued new Rs 2,000 and Rs 500 currency
notes after old Rs 1,000 and Rs 500 denominations were banned as part of
government's anti-black money campaign. Mumbai: The Reserve Bank of India has
issued new batch of Rs 500 currency notes as part of its drive in favour of
enough cash supply in the banking system.There is no major change in design of
these notes in comparison to the earlier issued notes in all respects to the Rs
500 banknotes in Mahatma Gandhi (New) Series. The RBI also said that now there
was no shortage of cash in the banking system. These were first notified on
November 8, last year when high value notes were banned. Urjit R.