PM Modi Strikes Again! From Tonight after 12AM…

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NEW DELHI: The new Rs 200 note will be issued from Tomorrow, India’s central bank, the Reserve Bank of India (RBI) announced in a press release on Thursday. The Union government on Wednesday confirmed that a new Rs 200 note will be issued by the Reserve Bank of India. The new denomination will hit ATMs and banks beginning August 25.

“In exercise of the powers conferred by sub-section (1) of section 24 of the Reserve Bank of India Act, 1934 and on the recommendations of the Central Board of Directors of the Reserve Bank of India, the Central Government hereby specifies the denomination of bank notes of the value of two hundred rupees,” an official government notification said.

Last month, images of the new denomination note hit social media with several looking for a confirmation. Along with the new Rs 200 note, the government has also confirmed a new Rs 50 note.

The height of the note would be the same as the new Rs 500 notes that were issued post demonetisation. However, the width will be much less. “Dimension of the banknote will be 66 mm x 146 mm,” the RBI said. The base colour of the Rs 200 note is bright yellow, reminiscent of the now discontinued Rs 2 note.

“The Reserve Bank of India will issue on August 25, 2017 ₹ 200 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India from select RBI offices, and some banks. The new denomination has Motif of Sanchi Stupa on the reverse, depicting the country’s cultural heritage,” the release said.
Last month, the State Bank of India Ecowrap report had said that the introduction of Rs 200 note will fill in the “missing middle” even as the new currency in circulation (CIC) has already reached 84 per cent of the pre-demonetisation level.

Here’s all you need to know about the salient features of the new currency note that is being issued to plug liquidity issues, as well as for reducing the burden on the Rs 100 note.

Obverse (Front)

1. See through register with denominational numeral 200

2. Latent image with denominational numeral 200

3. Denominational numeral २०० in Devnagari

4. Portrait of Mahatma Gandhi at the centre

5. Micro letters ‘RBI’, ‘भारत’, ‘India’ and ‘200’

6. Windowed security thread with inscriptions ‘भारत’ and RBI with colour shift. Colour of the thread changes from green to blue when the note is tilted

7. Guarantee Clause, Governor’s signature with Promise Clause and RBI emblem towards right of Mahatma Gandhi portrait

8. Denominational numeral with Rupee Symbol, ₹ 200 in colour changing ink (green to blue) on bottom right

9. Ashoka Pillar emblem on the right

10. Mahatma Gandhi portrait and electrotype (200) watermarks

11. Number panel with numerals growing from small to big on the top left side and bottom right side

12. For visually impaired Intaglio or raised printing of Mahatma Gandhi portrait, Ashoka Pillar emblem, raised Identification mark H with micro-text ₹200, four angular bleed lines with two circles in between the lines both on the right and left sides

Reverse (Back)

1. Year of printing of the note on the left

2. Swachh Bharat logo with slogan

3. Language panel

4. Motif of Sanchi Stupa

5.Denominational numeral २०० in Devnagari Dimension.

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