RBI to introduce new Rs 50 notes, old notes will continue

The Reserve Bank of India (RBI) will soon introduce a new fluorescent blue Rs 50 banknote in the Mahatma Gandhi series.

The new notes are little smaller and slimmer than the existing Rs 50 note and will be introduced by the central bank soon.

The new banknote has the design of Hampi with the chariot and the Swacch Bharat logo with the slogan on the back side.

The security features for the new banknotes include micro letters 'RBI', 'Bharat' (in Devnagri), 'INDIA' and '50'.

The central bank also informed that the earlier banknotes of Rs 50 will continue to be legal and people can use both notes.

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