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RBI launches Rs 200 note; promises to ramp up supply

The base colour of the note is bright yellow, the RBI said

Press Trust of India  |  Mumbai 

A man shows new currency notes of Rs 200 and Rs 50 outside the Reserve Bank of India in New Delhi on Friday.This is the first time that Rs 200 banknotes were introduced in India. Photo: PTI
A man shows new currency notes of Rs 200 and Rs 50 outside the Reserve Bank of India in New Delhi on Friday.This is the first time that Rs 200 banknotes were introduced in India. Photo: PTI

The Reserve on Friday launched the bright yellow 200 notes and said it will shortly ramp up the supply of the new note across the country.

Long queues of people were witnessed at offices on Friday to get the new note that has been introduced for the first time by the central


The has launched the note with an aim to make it easier for the common man to transact in lower denomination currencies.

These notes are available only through "select offices and banks as is normal when a new denomination of notes is introduced and the supply increases gradually", the said in a release.

The production of these notes is being "ramped up by the printing presses, and over time as more notes are printed, it will be distributed across the country through the channels and will be available for public in adequate quantity", the release said.

Following the of Rs 1,000 and Rs 500 notes last November, the central had introduced Rs 2,000 notes and new Rs 500 notes.

As per the new policy on theme-based notes, the bill bears motif of Sanchi Stupa to depict India's cultural heritage.

The base colour of the note is bright yellow, the said.

The had said that note will provide the "missing link" and ensure optimal mix of denominations.

Prior to the introduction on the new notes, has denominations of Rs 1, 2, 5, 10, 20, 50, 100, 500 and 2000.

As such, in the lower end of the denomination series, has been the missing link. The had recently introduced Rs 50 note with a new look and additional security features.

Earlier this month, Finance Minister Arun Jaitley had said that the government is not considering banning Rs 2,000 notes.

First Published: Fri, August 25 2017. 20:20 IST
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