Blog By fatema | 24-03-18
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India is all set to get Rs 200 notes, for the first time ever.
The Reserve Bank of India (RBI) said that it will issue Rs 200 denomination banknotes in the Mahatma Gandhi series.
The notes will bear signature of RBI Governor Urjit Patel and Sanchi Stupa. The base colour of the note is bright yellow.
the RBI issued a notification that 50 Rs will soon issue. stating that the central bank would soon issue Rs 50. The current Rs 50 notes would continue to be legal.
Our sources found that, "There is no other denomination available between Rs 100 and Rs 500, and the RBI is expecting Rs 200 notes to become very popular. That's why it is taking every step to ensure availability of it."
Let us see whether this changes will bring solution to problems or not.