Rs 200 note out today

Mumbai, August 24

The Reserve Bank of India will launch Rs 200 notes for the first time tomorrow, saying it will make it easier for the common man to transact in lower denomination “missing link” currency and bring greater efficiency into the system.

The bright yellow coloured Rs 200 notes will hit the market just a day after the Finance Minister gave go-ahead to the RBI to issue the new currency bill. As per the new policy on theme-based currency notes, the Rs 200 bill bears a motif of Sanchi Stupa to depict India’s cultural heritage. The base colour of the note is bright yellow, the RBI said.

In a separate statement, it said the Rs 200 note will provide the “missing link” and ensure an optimal mix of currency denominations. 

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