The Reserve Bank of India (RBI) has announced that it will soon issue new ₹20 denomination banknotes under the Mahatma Gandhi (New) Series, featuring the signature of Shri Sanjay Malhotra, the current Governor of RBI.
According to the RBI, the design of the new notes will remain the same as the existing ₹20 notes in the Mahatma Gandhi (New) Series. There will be no changes in features or security elements, apart from the updated signature.
The RBI also clarified that all existing ₹20 notes, including those issued in the past, will continue to be legal tender and can be used for all financial transactions.
This move is part of the RBI’s routine update process following the appointment of a new Governor.
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