In a routine yet noteworthy update to India’s currency system, the Reserve Bank of India (RBI) has announced that new ₹20 banknotes will soon enter circulation as part of the Mahatma Gandhi (New) Series. These fresh notes will carry the signature of RBI Governor Sanjay Malhotra, who assumed office earlier this year.
According to the official release, the newly printed ₹20 notes will maintain the same design and specifications as those already in circulation. This includes the distinctive green-yellow color palette, dimensions, and security features, as well as the image of the Ellora Caves depicted on the reverse side—an artistic nod to India’s rich heritage.
No Impact on Existing Notes
The RBI emphasized that all previously issued ₹20 notes—regardless of the Governor’s signature—remain fully legal tender. The issuance of updated notes bearing the current Governor’s signature is a standard practice, signifying administrative continuity rather than a change in policy or note design.
“All existing ₹20 denomination notes will continue to be valid. The issuance of new notes with the signature of the current Governor is part of the regular currency issuance process,” the RBI clarified.
What This Means for the Public
While the visual appearance and functionality of the ₹20 note remain unchanged, the release serves as a formal introduction of Governor Malhotra’s tenure into the monetary ecosystem. Consumers can expect to see these new notes in circulation in the coming weeks, adding to the diverse mix of currency already in use.
This update comes as part of the RBI’s ongoing efforts to modernize and streamline currency issuance, without disrupting daily transactions or creating confusion among the public.