OREANDA-NEWS. February 22, 2012. The Reserve Bank of India will shortly issue ` 1000 denomination Banknotes incorporating "`" symbol, with inset letter 'R' , in the Mahatma Gandhi-2005 Series bearing the signature of Dr. D. Subbarao, Governor, Reserve Bank of India, and the year of printing on the reverse of the Banknote.

The design of these notes to be issued now is similar in all respects to the Banknotes of ` 1000 in Mahatma Gandhi Series -2005 issued earlier except for ` symbol.

All the Banknotes in the denomination of ` 1000 issued by the Bank in the past will continue to be legal tender.