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RBI Finally Rolls Out Rs 200 And New Rs 50 Notes!

न्यूज़ वर्ल्ड इंडिया | 0
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| August 25 , 2017 , 15:32 IST

The Reserve Bank of India launched 200 banknotes for the first time on Friday, increasing the availability of lower denomination currency in the system. In addition, the central bank also launched the new Rs 50 note.

As per new policy on theme-based currency notes, this currency notes bear motif of Sanchi Stupa, to depict India's cultural heritage.

The base colour of the note is bright yellow.

Following the demonetisation on November 9 last year, the RBI had introduced 2,000 notes and also new 500 notes with additional security features.

The move led to shortages in the system, putting pressure on small denomination currency, mainly 50 and 100.

Now, with the introduction of 200 notes, the problem people have been facing due to high-value 2,000 notes is expected to be resolved.

The RBI has also introduced new fluorescent blue 50 banknotes bearing the motif of 'Hampi with Chariot' that depicts India's cultural heritage.

Among other prominent features, the banknote will carry a portrait of Mahatma Gandhi at the centre and the denominational numeral "200" with rupee symbol in colour changing ink -- green to blue -- on the bottom right on the obverse (front) side of the note, RBI said.

For visually impaired, the front side of the note will have intaglio or raised printing of Mahatma Gandhi portrait, Ashoka Pillar emblem, raised identification mark 'H' with micro-text Rs 200, four angular bleed lines with two circles in between the lines both on the right and left sides.

The reverse side of the note will carry a Swachh Bharat logo with slogan and the Sanchi Stupa motif, RBI said.

The new note will be in a dimension of 66mmX146mm.

 

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