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  India   All India  30 May 2017  New Re 1 notes bearing Shaktikanta Das' signature to be circulated soon

New Re 1 notes bearing Shaktikanta Das' signature to be circulated soon

PTI
Published : May 30, 2017, 6:44 pm IST
Updated : May 30, 2017, 6:48 pm IST

The new notes will be predominantly pink-green on the obverse and reverse in combination with other colours.

Economic Affairs Secretary Shaktikanta Das (Photo: File)
 Economic Affairs Secretary Shaktikanta Das (Photo: File)

Mumbai: New one rupee notes with predominantly pink-green on the obverse and reverse in combination with other colours will be soon put into circulation, announced the apex bank on Tuesday.

The notes bearing the rupee symbol have been printed by the Government of India.

At present, one rupee coins are minted. Printing of one rupee notes was discontinued in 1994 but was relaunched in 2015.

"The Reserve Bank of India will soon put into circulation currency notes in one rupee denomination," the central bank said in a statement.

The note will bear the signature of Shaktikanta Das, Secretary in the Ministry of Finance. Rest other currency notes bear the signature of the RBI Governor.

The numbering will be in black at right-hand bottom portion of the note.

On the reverse side, the year 2017 is mentioned. There is also a representation of One Rupee coin with rupee symbol having a floral design and the surrounding design consists of the picture of Sagar Samrat the oil exploration platform.

"The colour of One Rupee Currency Note shall be predominantly pink green on obverse and reverse in combination with others," the RBI said.

Tags: new one rupee notes, shaktikanta das, reserve bank of india, government of india
Location: India, Maharashtra, Mumbai (Bombay)