New Rs 200 cur­rency note launched

India Business Journal - - NEWS ROUND-UP -

A new de­nom­i­na­tion of Rs 200 cur­rency notes en­tered the bank­ing sys­tem last month. In a com­mu­ni­ca­tion late last month, the RBI said the new cur­rency de­nom­i­na­tion and de­sign would help in bet­ter­ing trans­ac­tions, re­plac­ing soiled ban­knotes,

bat­tling in­fla­tion as well as com­bat­ing coun­ter­feit­ing. The new note is yel­low­ishor­ange in colour. For the vis­ually im­paired, the new note will have an in­taglio or raised print­ing of the Ma­hatma Gandhi por­trait, Ashoka Pil­lar em­blem and

the raised iden­ti­fi­ca­tion mark H with mi­cro-text Rs 200.

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