New Rs 50 notes spotted on social media: See what they look like
The lower denomination note has made headlines when Rs 50 currency notes in new design and serial number were spotted on social media platforms.
These Rs 50 notes spotted a bright turquoise colour, opposite of the brownish shade seen on the ones which are presently in circulation.
Last year, Patel had promised to launch new Rs 50 notes. The Reserve Bank will shortly issue Rs 50 denomination banknotes in the Mahatma Gandhi Series-2005, without inset letter in both the number panels, bearing signature of Dr Urjit R Patel, Governor, Reserve Bank of India, and the year of printing ‘2016’ printed on the reverse of the banknote, he had stated. But it didn’t happened.
The RBI has not confirmed printing or releasing these new Rs 50 notes, though, raising questions on the authenticity of these images. The Hindu Business Line had even stated that the reverse of the note will have a temple from South India, which again could not be confirmed, as the images only show the front of the note.
The central bank is also set to introduce new note of denomination Rs 200 shortly. The Rs 2000 notes in circulation will continue to be legal tender, though.
Prime Minister Narendra Modi had declared that new Rs 50 and Rs 20 will also be released in time, with number panels having numerical in ascending sizes, like the new Rs 500 and Rs 2000 notes, and the intaglio printing.