The Reserve Bank of India (RBI) has announced the release of new 100 and 200 rupee notes, which will be introduced into circulation soon. The new notes will feature the signature of RBI Governor Sanjay Malhotra and will have a design similar to the current Rs 100 and Rs 200 notes of the Mahatma Gandhi series. The existing Rs 100 and Rs 200 notes will not be discontinued, and they will remain in circulation.
This move is aimed at stopping the spread of fake notes, which has become a significant issue in the country. The RBI has already announced the release of new 50-rupee notes, which will also feature the signature of Governor Sanjay Malhotra and will have the Mahatma Gandhi series picture. The new security features being installed on this note will help to prevent the spread of fake notes.
The RBI has announced that the introduction of new 50, 100, and 200 rupee notes is part of an effort to modernize the country’s currency system. The goal is to reduce the use of old and outdated currency notes, which can be vulnerable to counterfeiting. The new notes will be designed with advanced security features to prevent counterfeiting and ensure the smooth functioning of the country’s economy.
The announcement of new notes has generated a lot of interest, and many people are eagerly waiting to know when they will be able to get their hands on the new notes. With the introduction of new notes, it is expected that the country’s economy will become more secure and efficient, and the risk of counterfeiting will be significantly reduced.