The design of the notes, which will bear RBI Governor D Subbarao's signature, will be similar in all respects to the banknotes of Rs 1,000 in Mahatma Gandhi Series 2005 issued earlier except for the rupee symbol, the central bank said in a statement.
However, the notes in the denomination of Rs 1,000 issued by the RBI in the past will continue to be legal tender, it added.
In another release, the central bank said the new Rs 10 bank notes with the rupee symbol, with the inset letter ‘R’, is also released.
The Rs 10 notes will also bear the signature of Subbarao and the year of printing on the back side.
The new rupee symbol, a blend of the Devanagri 'Ra' and Roman 'R', was designed by Indian Institute of Technology-Bombay post-graduate D Udaya Kumar.
The Indian rupee got an unique symbol — a blend of the Devanagri ‘Ra’ and Roman ‘R’ — last year joining elite currencies like the US dollar, euro, British pound and Japanese yen in having a distinct
identity.
The Rs 1,000 notes will be of the Mahatma Gandhi-2005 Series bearing the signature of RBI Governor D Subbarao and with the year of printing mentioned on the back of the banknote, the apex bank said in a statement .
The design of these notes to be issued is similar in all respects to the existing Rs 1,000 in Mahatma Gandhi Series -2005 issued earlier, except for the rupee symbol.
However, all the bank notes in the denomination of Rs 1,000 issued by the RBI in the past will continue to be legal tender.
