Explorer

RBI introduces bright yellow Rs. 200 currency notes

New Delhi [India], August 25 (ANI): The Reserve Bank of India (RBI) on Friday issued a new currency of Rs. 200 denomination, almost ten months after Prime Minister Narendra Modi announced the government's decision to scrap Rs. 500 and Rs. 1000 notes.

The RBI on Thursday had made the announcement about the new Rs. 200 note in a notification.

The new Rs. 200 notes have been issued with the intention to make day-to-day transactions easier for people, since the lack of denomination between Rs. 500-Rs. 2000 notes, and Rs.100-Rs. 500 often cause a problem for traders and common men alike.

The new Rs. 200 notes may not be available at the ATMs right away, and will first be available at banks.

The Rs. 200 notes are of bright yellow colour.

The latest addition to the Mahatma Gandhi (New) series bears the signature of RBI Governor Urjit Patel. It has the motif of Sanchi Stupa on the reverse, depicting the country's cultural heritage. The base colour of the note is Bright Yellow. The note has other designs,

geometric patterns aligning with the overall colour scheme, both at the obverse and reverse.

The obverse side of the 66 mm×146 mm note features a portrait of Mahatma Gandhi at the centre, with the denominational numeral in the Devnagari script.

Earlier on August 18, RBI released currency of Rs. 50 denominations, which were florescent in colour.

All the banknotes in the denomination of Rs. 50 issued by the RBI in the earlier series will continue to be legal tender.

Last year in December, the central bank had announced the issuance of Rs. 50 denomination banknotes in the Mahatma Gandhi Series-2005, without inset letter in both the number panels, bearing signature of Patel and the year of printing '2016' printed on the reverse of the banknote.

It added that the design and security features of the new notes will be similar to the old tender, which will continue in circulation. (ANI)


This story has not been edited. It has been published as provided by ANI

View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headline

I.N.D.I.A Bloc In Bihar: Here's How Congress, RJD Have Decided To Share Seats After JD-U's Exit
I.N.D.I.A Bloc In Bihar: Here's How Congress, RJD Have Decided To Share Seats After JD-U's Exit
'BJP Should Pay Rs 4,600 Crore': Congress Slams Income Tax Dept, ECI After Getting Rs 1,700-Crore Notice
'BJP Should Pay Rs 4,600 Crore': Congress Slams Income Tax Dept, ECI After Getting Rs 1,700-Crore Notice
Another Blow To Congress As I-T Dept Serves Rs 1,700-Crore Notice Ahead Of Lok Sabha Elections: Report
Another Blow To Congress As I-T Dept Serves Rs 1,700-Crore Notice Ahead Of Lok Sabha Elections
Sunita Kejriwal Launches WhatsApp Campaign To Drum Up Support For Jailed Delhi CM
Sunita Kejriwal Launches WhatsApp Campaign To Drum Up Support For Jailed Delhi CM
Advertisement
for smartphones
and tablets

Videos

ABP SHIKHAR SAMMELAN 2024: Here's What Defence Minister Reveals About His Further Political PlansABP SHIKHAR SAMMELAN 2024: PM Modi's Words & Deeds Aligned, Says Rajnath Singh | ABP NewsMukhtar Ansari Death: BJP MLA hits back at the opposition over gangster's demise, watch | ABP NewsMukhtar Ansari Death: Krishnanand Rai family's reaction and statement over gangster's demise

Photogallery

Embed widget