RBI to soon unveil new Rs. 200 currency notes

  • RBI to soon unveil new Rs. 200 currency notes
04-07-2017 | Pratidin Bureau. |

India’s central banking institution the Reserve Bank of India (RBI) will soon unveil new notes of Rs. 200.

The decision to introduce Rs. 200 notes was taken by the RBI with the consultation of Finance Ministry Arun Jaitley, a few months back.

Top government sources revealed that “Printing order has been placed”. The Reserve Bank of India may soon issue a notification on the same.

The RBI started introducing new high value notes in the banking system after the currency in circulation was scrapped through demonetisation on November 8, 2016. The RBI had introduced new notes of Rs. 500 and Rs. 2,000.

This exercise of printing Rs. 200 denomination notes is being undertaken to further improve the currency situation in the country.

Tags : RBI banknotes Rs. 200 currency India demonetisation

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