The Reserve Bank of India will shortly issue Rs 50 denomination notes with capital letter 'A' in numbering panel and Rs 500 notes without inset letter in numbering panel in Mahatma Gandhi series.
Both will bear the signature of Governor Y V Reddy, RBI said in a media release in Mumbai on Friday.
Except for the governor's signature, the design of the notes to be issued would be similar in all respects to those of the Mahatma Gandhi series, the release added.