India to issue upgraded ₹100 and ₹500 banknotes

The Reserve Bank of India (RBI) has issued press releases confirming that new ₹100 and ₹500 banknotes are soon to be issued. The new notes will still form part of the Mahatma Gandhi series (2005) and will be similar in their design to their predecessors. The new banknotes will have numerals of ascending size in…