RBI Issues New Update on Rs. 20 Denomination Notes: Here Are 2 Key Things You Should Know
The apex bank reiterated that this update is a routine administrative process and does not affect the validity or usability of the older notes in any way
RBI update – ₹20 note – New currency – taxscan
RBI update – ₹20 note – New currency – taxscan
The Reserve Bank of India (RBI) has announced that it will soon issue new ₹20 denomination banknotes in the Mahatma Gandhi (New) Series. The apex bank issued a new press release on 17th May 2025.
The RBI confirmed that there will be no changes in the design or security features of the new ₹20 notes. These upcoming notes will remain identical in all respects to the existing ₹20 notes already in circulation under the Mahatma Gandhi (New) Series.
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Two Key Things you Should Know
- The new series of Rs. 20 notes will possess the signature of newly appointed Governor, Shri Sanjay Malhotra.
- All banknotes in the denomination of ₹20 issued by the Reserve Bank in the past will continue to be legal tender.
Also read: RBI Notifies Digital Lending Directions, 2025 to Regulate Online Credit Ecosystem
This issuance is a routine update in the legal tender of currency notes to reflect the signature of the current Governor, as is customary whenever a new head of the apex bank assumes office. The RBI confirmed that there will be no changes in the design or security features of the new ₹20 notes. These upcoming notes will remain identical in all respects to the existing ₹20 notes already in circulation under the Mahatma Gandhi (New) Series.
The Mahatma Gandhi (New) Series was introduced in 2016 following demonetisation and has since become the standard design for Indian currency. These notes are characterized by features such as enhanced security elements, color schemes, and size variations for easy identification. The ₹20 note in this series, first introduced in 2019, features a motif of Ellora Caves on the reverse side, representing India's cultural heritage, and is predominantly greenish-yellow in colour.
The RBI has stated that all previous ₹20 denomination notes issued under earlier Governors, including those from both the Mahatma Gandhi (New) Series and older series, will continue to be legal tender. This means that the public can continue to use the old ₹20 notes without any concern, and banks or businesses are required to accept them.
Also read: RBI to issue Rs. 20 Denomination Banknotes with New Governor Sanjay Malhotra’s Signature
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