February 12, 2025
The Reserve Bank of India (RBI) announced on Wednesday that it will soon issue ₹50 denomination banknotes in the Mahatma Gandhi (New) Series, featuring the signature of Shri Sanjay Malhotra, the current Governor of the RBI.
The design of the new ₹50 banknotes will remain identical to the existing ₹50 notes in the Mahatma Gandhi (New) Series, ensuring continuity in aesthetics and security features. The RBI clarified that all previously issued ₹50 banknotes will continue to be legal tender and will remain valid for transactions.
This move is part of the RBI’s routine currency issuance process, which includes updates to banknotes to reflect changes in governance while maintaining consistency in design for ease of public recognition.
The central bank has not specified an exact date for the release but confirmed that the issuance will occur shortly.