Banking

RBI to Introduce Rs 200 Currency Notes From Tomorrow

The new denomination has a motif of Sanchi Stupa on the reverse, with bright yellow being the base colour of the note, RBI said in a statement.

The design for the new Rs 200 note was released by the Reserve Bank of India today. Credit: rbi.org.in

New Delhi: The new Rs 200 currency note will be introduced in the market tomorrow, Reserve Bank of India (RBI) said today.

The new denomination has a motif of Sanchi Stupa on the reverse, with bright yellow being the base colour of the note, RBI said in a statement.

“The Reserve Bank of India will issue on August 25, 2017, Rs 200 denomination banknotes in the Mahatma Gandhi (new) series, bearing the signature of Urjit R. Patel, governor of the RBI from select RBI offices, and some banks,” it said.

  • K SHESHU BABU

    Talk of digitisation, use of electronic payment ….slowly the rulers may be realising the importance of paper currency in a cash – driven economy where petty payments cannot be dealt electronically …demonetisation may be showing it’s true colors after almost nine months