KalingaTV News Network
Mumbai: In a first of its kind, the Reserve Bank of India (RBI) on Friday launched the new 200 rupee denomination banknotes, bearing signature of the Governor Dr. Urjit R. Patel.
The note was issued from select RBI offices and some banks in the country a day after the Union Finance minister gave the go-ahead to RBI to issue the new currency bill.
Among its prominent features, the Rs. 200 banknote carries 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.
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.
This is the fourth new note to be announced since November, when the Narendra Modi government announced a ban on Rs. 1,000 and Rs. 500 notes to choke tax evaders.
However, the people have to wait for some more time to withdraw the new Rs 200 note from ATMs (Automated Teller Machines), as the machines will need recalibration before they can disburse the new currency.
Ms Kalinga