According to media sources, The Reserve Bank of India (RBI) has announced that it will soon issue ₹50 denomination banknotes in the Mahatma Gandhi (New) Series bearing the signature of Governor Sanjay Malhotra. The design of these notes will remain unchanged and will be similar in all respects to the existing ₹50 banknotes in the Mahatma Gandhi (New) Series. Furthermore, all previously issued ₹50 banknotes by the Reserve Bank will continue to be legal tender.
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