The Reserve Bank of India is going to issue a new batch of Rs 500 notes with inset letter 'A' in both the number panels. The bank notes will bear the signature of Dr. Urjit R. Patel Governor. RBI, in a notification dated June 13, 2017, stated that new Rs. 500 notes are similar in all respects to those belonging to the Mahatma Gandhi (New) Series. The Rs. 500 notes bear the year of printing and the Swachh Bharat logo printed and an image of Red Fort on the reverse side.