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RBI to issue a new batch of Rs. 500 with inset letter 'A'
The design of these notes is similar in all respects to the Rs 500 banknotes in Mahatma Gandhi (New) Series which were first notified on November 8, last year after PM Narendra Modi outlawed old notes of Rs 500 and Rs 1000, in a bid to crackdown on black money. The new series earlier released and currently in circulation has the inset letter "E".They will continue to be valid.
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