A year ago after Prime Minister Narendra Modi declared the demonetisation of old Rs 500 and Rs 1000 notes, the Reserve Bank of India (RBI) in December had said that it will soon be thinking of new money notes of Rs 50 and Rs 20 sections with numerals in rising size in the number boards and without intaglio printing. From that point forward, there was no official word on these notes and the buzz around them had kicked the bucket until today, when photos of the yet-to-be-divulged note of Rs 50 section turned out via web-based networking media, as per The Indian Express. The notes are pale turquoise in shading, very not the same as the notes of a similar category that is at present available for use.
Passing by the photo, the new cash notes are in the Mahatma Gandhi Series-2005 and will bear the mark of current RBI Governor Urjit Patel. "The Reserve Bank will presently issue Rs 50 category banknotes in the Mahatma Gandhi Series-2005, without inset letter in both the number boards, bearing mark of Dr Urjit R Patel, Governor, Reserve Bank of India, and the time of printing "2016" imprinted on the switch of the banknote," Urjit Patel had said a year ago.
Since there is no official word on these pictures that are circulating around the web, it is difficult to discern whether it is really the new Rs 50 note or yet another online networking trap. A year ago, RBI had said that the plan and security elements of the new notes will be like the old delicate, which will proceed available for use.
Then, an administration official was cited saying by The Hindu Business Line that the new notes will brandish the theme of a South Indian sanctuary on the switch. Be that as it may, FinancialExpress.com can't check these cases or the legitimacy of the picture. After the legislature had pulled back old money notes of Rs 500 and Rs 1000 the evening of November 8 a year ago, the RBI presented new notes of Rs 500 (stone-dark in shading) and Rs 2000 (purple in shading) keeping in mind the end goal to refill the vacuum left by the withdrawal of the prohibited notes.