RBI to issue new Rs100 notes in lavender colour
The Reserve Bank of India (RBI) on Thursday said it will soon issue Rs100 denomination bank notes.
 
According to the RBI, the new bank notes will be in the "Mahatma Gandhi (New) Series".
 
"The new denomination has motif of 'RANI KI VAV' on the reverse, depicting the country's cultural heritage," the apex bank said in a statement. 
 
 
"The base colour of the note is lavender. The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse."
 
As per the statement, all the earlier series of bank notes in Rs100 denomination will continue to be legal tender.
 
"As is normal, when a new design of banknote is introduced, printing and supply of these notes for distribution to public through the banking channel will gradually increase," the statement added.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
 

 

Comments
Deepak Narain
6 years ago
What a pity! Govt does not see anybody, other than Gandhi, good enough to appear on our bank notes. We have a long history and numerous illustrious personalities like Rana Pratap, Shivaji, Sardar Patel, Dr Hedgewar, Shri Guruji, Guru Govind Singh, etc. But, they are not deserving enough in the estimation of govt.
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