New Rs 200 Note in India Issued By RBI

Reserve Bank of India (RBI) issued the much awaited Rs 200 denomination notes on 25^th August, 2017. This happened for the first time in the history of India that the Central Bank issued a 200 denomination currency note. The new yellow colored 200 note is available at the selected offices of Reserve Bank of India and some other Government Banks too.

It is still not known that when the new note will be added to the ATM machines. The design and feature of Rs 200 note has a motif of Sanchi Stupa on the reverse which depicts the cultural heritage of India. Bright Yellow color is set as the base of the note. The Rs 200 note consists of other designs, geometric patterns which are aligned with overall color scheme. It is done at both obverse and reverse side.

It was hard at times to get change for Rs 500 note. Thus, the plan of Central Bank to add Rs 200 note into circulation will provide a great relief.

By: Bhavna Sharma

Content: www.businesstoday.in