New notes of Rs 20 denomination will soon be launched in market. The Reserve Bank of India made the announcement on Wednesday.
Changes in new note
The new notes will be bearing inset letter ‘S’ in the number panel and signature of Governor Urjit Patel.
The RBI has also said that earlier notes will continue to be legal tender.
The digits in both the number panels will now be ascending in size with the first three characters constant in size.
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Intaglio printing replaced
The number ‘20’, RBI seal, Mahatma Gandhi’s portrait, RBI legend, Guarantee and promise clause, Governor’s signature, Ashoka Pilla emblem will now be printed in offset instead of intaglio.
The rectangular identification mark on the left of the note has also been removed.
There has been no change in colour though it might seem lighter due to absence of intaglio printing.
The vertical band on the right side of the Mahatma Gandhi’s portrait hitherto contained a latent image showing the denominational numeral “20”.The latent image was visible only when the banknote was held horizontally at eye level. This feature is no longer present.
There is no change in the reverse of the banknote.
In short, there is no need to be much excited about the new note as there are minor changes and no major change in the look and style of the note. Here is a sample of the note, as published by Financial Express.