Now Rs.1,000 notes with rupee symbol

Mumbai, Aug 28 (IANS) The Reserve Bank of India (RBI) said Tuesday it will soon issue Rs.1,000 denomination notes with the rupee symbol and improved security features.

A RBI statement said the new notes will have the letter 'L' in both the numbering panels.

These notes will bear the signature of RBI Governor D. Subbarao. The year of printing 2012 will be on the reverse.

"The design of these notes is similar in all respects to the Rs.1,000 bank notes in Mahatma Gandhi Series-2005 issued earlier," the RBI said. The existing Rs.1,000 notes will continue to be legal tender.