The RBI’s official statement, released on May 19, 2025, confirmed that the new Rs 20 notes will soon enter circulation. These notes will retain the existing design and dimensions but will prominently display the signature of Governor Sanjay Malhotra, who assumed office earlier this year.
This update is a routine part of the RBI’s currency management process, as the signature of the serving governor is a key authentication feature on all Indian banknotes.
All existing Rs 20 notes in circulation, regardless of the governor’s signature, will remain legal tender. There is no need to exchange old notes for the new ones. The new notes will be issued in a phased manner through banks and ATMs across the country. The updated notes reinforce the RBI’s commitment to secure currency and help the public easily identify genuine notes.
Each new governor’s appointment necessitates an update in the signature on all denominations. Periodic updates help stay ahead of counterfeiters by incorporating advanced security features. Replacing worn-out notes and ensuring a steady supply of clean, authentic currency in circulation.
Currency experts have welcomed the move, noting that regular updates are essential for maintaining the integrity of India’s financial system. The public, especially collectors and those interested in numismatics, are keenly awaiting the new notes as they represent a fresh chapter in India’s currency history.
Banking officials have assured that the transition will be seamless, with ATMs and cash handling systems already being updated to accommodate the new notes.
