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New Rs 100 note coming in April, old notes to be withdrawn gradually

This is the fourth denomination that has been revamped since the government's demonetisation on November 8

RBI, reserve bank of India
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BS Web Team New Delhi
The Reserve Bank of India (RBI) will soon release Rs 100 denomination banknotes in the Mahatma Gandhi (New) Series, having the signature of Governor Urjit R Patel. However, the Rs 100 banknotes in the earlier series will continue to be a legal tender.

According to Mint, RBI will start printing new Rs 100 notes in April (once Rs 200 notes have been printed), while the existing notes will be withdrawn from the market gradually without causing any disruption.

This is the fourth denomination that has been revamped since the government's demonetisation on November 8 last year. Earlier, new notes of