New Delhi: The Reserve Bank of India (RBI) yesterday announced that it has issued Rs. 500 denomination notes with inset letter A. However, the old notes, which were introduced after PM Narendra Modi’s demonetisation drive in Nov. 2016 will continue to remain legal tender.
The Central Bank, in a statement, said that this was in continuation of the issue of Rs. 500 denomination banknotes in Mahatma Gandhi (new) series, which were notified on Nov. 8, 2016. From time to time, the bank introduces new series of legal tender.






