The new Rs 200 note is here. The Reserve Bank of India (RBI) said that the new note will be available to people from Friday.
The bright yellow-coloured note has the signature of RBI governor Urijit Patel. The new denomination has Motif of Sanchi Stupa on the reverse, depicting the country’s cultural heritage, a statement by the RBI said.
“Introduction of a new currency denomination and design is done keeping in consideration various factors like ease of transactions for the common man, replacement of soiled banknotes, inflation and the need for combating counterfeiting,” the statement said.
While the government came out with new Rs 500 note, which had additional security features, there were no Rs 1,000 note introduced after demonestisation move.
INDIAN CURRENCY NOTES: BIRTH, DEATH, REBIRTH
Here’s a look at the introduction, demonetization and remonetization of Indian currency notes since RBI’s inauguration in 1935.
1935: Reserve Bank of India formally inaugurated
1938 (birth): First Rs 5 note issued by RBI & subsequently Rs 10, Rs 100 & Rs 1,000 & Rs 10,000 (largest currency denomination ever printed by RBI)
1940: Re 1 note reintroduced as a wartime measure.
1946 (death): Rs 1,000, Rs 5,000, & Rs 10,000 notes were taken out of circulation.
1954 (rebirth): Rs 1,000, Rs 5,000, & Rs 10,000 notes reintroduced.
1978 (death): Rs 1,000, Rs 5,000 & Rs 10,000 notes deemed illegal for the second time.
1987 (birth): Rs 500 note came into circulation in October.1998 (birth): Rs 1,000 notes reintroduced.
2016 (death): Rs 1,000 notes taken out of circulation.
2016 (birth): Rs 2,000 currency notes introduced.
2017 (rebirth): Re 1 note to be introduced again.
2017 (birth): Rs 200 notes notified, to be introduced for the first time soon.
10 Aug 2020
11 Aug 2020