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  Business   Economy  20 Jul 2018  RBI to issue Rs 100 note in new design

RBI to issue Rs 100 note in new design

PTI
Published : Jul 20, 2018, 5:25 am IST
Updated : Jul 20, 2018, 5:27 am IST

he note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse.

The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse.
 The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse.

New Delhi: The Reserve Bank on Thursday said it will soon issue new Rs 100 notes in lavender colour having motif of Rani ki vav — a stepwell located on the banks of river  Saraswati in Gujarat’s Patan.

“All Rs 100 banknotes issued earlier will also continue to be legal tender,” the central bank said while announcing the issue of the new Rs 100 notes. The base colour of the note is Lavender.

The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse.

Dimension of the banknote will be 66 mm x 142 mm, making it smaller than the current Rs  100 notes. The size of current Rs  100 notes is 157 mm x 73 mm ”As is normal, when a new design of banknote is introduced, printing and supply of these notes for distribution to public through the banking channel will gradually increase,” said the RBI, which issues currency in the country.

The new Rs 100 note follows, new notes in denomination of Rs 10, Rs 50 and Rs 500. Besides, RBI introduced a Rs 200 note in addition to currency note in denomination of Rs 2,000 after the demonetisation.    

Tags: reserve bank, denomination, currency, rbi