back to top
IndiaRBI to launch new Rs 100 currency note soon

RBI to launch new Rs 100 currency note soon

Date:

RBI to launch new Rs 100 currency note soon

MUMBAI: The Reserve Bank today said it will soon put to circulation Rs 100 denomination notes in market with enlarged identification features.

 

“The Reserve Bank will shortly issue Rs 100 denomination banknotes in the Mahatma Gandhi Series-2005, without inset in both the numbering panels,” RBI said in a release.

The notes with ‘2016' printing year will be similar in design with the existing Rs 100 notes in the Mahatma Gandhi Series-2005 having ascending size of numerals in the number panels, bleed lines, and enlarged identification mark, on the obverse.

RBI said it has already put to circulation Rs 100 currency notes with the ascending size of numerals in the number panels but without bleed lines and enlarged identification mark.

These banknotes will remain in circulation concomitantly with the banknotes being issued now, it added.

“All the banknotes in the denomination of Rs 100 issued by the Bank in the past will continue to be legal tender,” RBI said further.

Northlines
Northlines
The Northlines is an independent source on the Web for news, facts and figures relating to Jammu, Kashmir and Ladakh and its neighbourhood.

Share post:

Popular

More like this
Related

India’s forex reserves drop USD 2.922 bln to USD 652.895 bln

NL Corresspondent MUMBAI: India’s forex reserves dropped by USD 2.922...

Gold surges Rs 800; silver rallies Rs 1,400

Agencies NEW DELHI: Gold prices surged Rs 800 to Rs...

Reduce GST slabs, hike exemption threshold for firms with up to Rs 1.5 cr turnover: GTRI

Agencies NEW DELHI: Think tank GTRI on Friday suggested a...

Rural India a ‘bright star’ for FMCG sales; will continue to outpace urban expansion in Q2 of 2024: Kanatar

NL Corresspondent New Delhi: Rural India remains a “bright star”...