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News India Live, Digital Desk: New Update in Indian Currency: If you also have ₹ 50 notes or you are wondering what will happen to them now, then this news is very important for you. The Reserve Bank of India (RBI) has recently announced that they are going to issue new notes of ₹ 50. However, this news is not a matter of concern at all, as RBI has also made it clear that whatever existing ₹ 50 notes you have, they will remain completely valid.

What will be the change in the new ₹ 50 note?

These new notes ‘Mahatma Gandhi Series-2005’ Will be part of. According to the information given by RBI, some specific changes will be seen in these new notes:

• No inset letter: The most special thing about these notes will be that there will be no ‘inset letter’ on both the numbers of the note. Numbers usually have a letter of English (eg A, B, C etc.) with numbers on the note, but no such letter will be seen on these new notes.

• Signature and Printing Year: On these notes, the then Governor of RBI, Dr. Urjit R. Patel will be signed. Along with this, the year of printing (printing) on ​​the note ‘2016’ Will be marked. (Note: This news is made when these notes were being released for the first time, hence the printing year 2016 has been reported.).

What will happen to old notes? Will they become illegal?

No,not at all! The most important and relief is that RBI has also made it clear that All the notes of ₹ 50, which are already running, will remain completely valid. This means that whatever ₹ 50 notes are present with you, they will run completely and you can do all kinds of transactions with them. You do not need to change these notes or deposit it in the bank, as long as you want, you can use them.

This step of RBI ‘Clean Note Policy’ It is believed to be a part of. The main objective of this policy is to ensure that good quality and safe notes are prevalent in the market. From time to time, banks continue to issue new notes by removing old or worn—and-layers so that the quality of the currency remains and fake notes can be curbed.

So, don’t panic! These new notes are being issued only to increase the quality and security of existing notes, not to invaluate old notes.

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