Reserve Bank of India.The government had earlier demonetized Rs 500 and Rs 1000 notes, and replaced them with new xps foam Factory notes of Rs 500 and Rs 2000 in a bid to curb black money.The central bank will also issue Rs 50 notes without inset letter in both number panels.

The Reserve Bank of India (RBI) on Sunday announced that it would issue new notes of Rs 20 and Rs 50.According to reports, new notes of Rs 20 with inset letter ‘L’ in both number panels will soon be issued by RBI.However, the old Rs 20 and Rs 50 notes will continue to be legal tender, said reports..However, the old Rs 20 and Rs 50 notes will continue to be legal tender