RBI to issue Rs 20 notes with governor Urjit Patel’s signature

RBI said the Mahatma Gandhi Series-2005 will have the inset letter ‘R’ on both number panels and the year of printing ‘2016’ printed on reverse of the banknote.

The Reserve Bank of India will shortly issue Rs 20 denomination banknotes bearing the signature of governor Urjit R Patel.

The signature of the new RBI governor Urjit R Patel will be printed on the new Rs 20 notes. (Reuters file)

RBI said the Mahatma Gandhi Series-2005 will have the inset letter ‘R’ on both number panels and the year of printing ‘2016’ printed on reverse of the banknote.

The design and security features are similar to the Rs 20 banknotes in Mahatma Gandhi Series-2005 issued earlier, except that on obverse, the numerals on both number panels will be in ascending size from left to right while the first three alpha-numeric characters (prefix) will remain constant in size.

“The numeral 20, RBI seal, Mahatma Gandhi’s portrait, RBI legend, guarantee and promise clause, the governor’s signature and Ashoka Pillar emblem which were hitherto printed in intaglio (raised printing) are now being printed in offset (without any raised printing),” the central bank said.

Further, the rectangular identification mark on the left side of the banknote has been removed.

“While there is no change in the colour at the reverse, the colour at the obverse is lighter (due to removal of intaglio printing),” it added.