RBI to issue new Rs 20 banknotes bearing Governor Sanjay Malhotra’s signature

By Aditya Bhagchandani Published on May 17, 2025, 11:31 IST

The Reserve Bank of India (RBI) announced on Saturday, May 17, that it will soon issue new ₹20 denomination banknotes in the Mahatma Gandhi (New) Series. These notes will bear the signature of Shri Sanjay Malhotra, the recently appointed Governor of the central bank.

According to the RBI’s press release, the design of the new ₹20 banknotes will remain the same as the existing Mahatma Gandhi (New) Series ₹20 notes. There will be no changes in design, color, or security features. All previous versions of ₹20 notes issued by the Reserve Bank will continue to be considered legal tender and remain in circulation alongside the new series.

This update is part of the RBI’s regular issuance of banknotes with updated governor signatures. It does not impact the validity of existing currency notes of the same denomination already in the market.

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Aditya Bhagchandani

Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.