India new 5- and 10-rupee notes reported

According to press releases dated 24 December 2010, the Reserve Bank of India will soon issue new 5- and 10-rupee (US$0.10 and 0.20, respectively) banknotes with improved security features.

The 5-rupee note will have an R inset letter whereas the 10-rupee note will have an N insert letter. Both will bear the signature of Dr. D. Subbarao, governor. The design of these notes is similar in all respects to the banknotes in the Mahatma Gandhi Series with additional / new security features. Existing notes will circulate in parallel.

Additional information and images are requested.