Tuesday, 4 April 2017

After Rs 2000 Notes, RBI Is Now All Set To Bring Rs 200 Notes By This June

Post the demonetization, various changes were procured by the Reserve Bank of India, out if which the introduction of RS 2000 notes played a crucial role. After going through the multiple changeovers, the government’s roping in of the high denominations raised some serious concerns.

Despite this, in various occasions, RBI also released its statements and models of the new Rs 50 and Rs 100 notes, that’ll be on the table very soon, within a couple of months.

After the meeting that took place a couple of days back, i.e; in March 2017 sources from the RBI stated:Car Free Insurance Online Quote

“The process of printing the new Rs 200 notes is likely to begin after June, once the government officially approves this new denomination.”         Make money online with blogging
In addition to this, in a recent bid, the RBI also mentioned that it has plans to manufacture the Rs 10 notes from the plastic material, contrary to its general cotton-paper based.

[The above image shown is just a 2000 rupee note with color change and not the original specimen copy of 200 rupees note!]  Secured Loan Calculator

Now Rs 200 will be the only new kind of note that will be introduced by RBI after Rs 2000 notes. Earlier there was a discussion on introducing Rs 1000 notes with strict security concerns, unlike the before ones. However, those concerns were boldly rejected finally.

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