RBI to introduce new â¹500 notes, old notes to remain valid
The Reserve Bank of India (RBI) will introduce a new batch of â¹500 currency notes, which will have inset letter 'A'. However, old notes, which were introduced following Prime Minister Narendra Modiâs demonetisation move, will continue to remain legal tender. The note will bear the signature of RBI Governor Urjit Patel and will have the year of printing â2017â.