After Demonetisation Reserve Bank of India Issued new currency notes of Rs 2000 and Rs 500 in India. Again RBI Issues New Rs 500 currency Notes with “A” letter series. Indian government trying to control fake currency notes by introducing more security in new series of notes.
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Old Rs 500 notes are still valid and legal tender. New series of 500 notes are coming with A letter, bearing the signature of Reserve Bank of India Governor Urjit R Patel with the year of printing 2017. RBI officially announced this news, no more big currency notes will be introduced in India. India government cleaning the black money in India by banning big currency. RBI already announced that, New One Rupee Note will introduced soon.
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