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Reserve Bank of India to circulate new currency note soon

Reserve Bank of India, RBI, New rupee, Demonatisation, Government of India, Shaktikanta Das, Business newsA view of the Reserve Bank of India (RBI) seal on a gate outside the RBI headquarters in Mumbai.

Mumbai: Indian apex governing body bank, the Reserve Bank of India (RBI) today announced that it will soon launch new currency of one rupee notes with a multicoloured look will be put in circulation.

An RBI release here said, “The Reserve Bank of India will soon put into circulation currency notes in one rupee denomination.”

 

 

“The notes have been printed by the Government of India. The existing currency notes in this denomination in circulation will also continue to be legal tender,” it said.

“The colour of One Rupee currency note shall be predominantly pink green on obverse and reverse in combination with others,” it added.

 

Reserve Bank of India to circulate new currency note of Rs 1 soon:

 

Elaborating on the design of the note, the central bank said it will bear the signature of Economic Affairs Secretary Shaktikanta Das.

 

 

“The numbering shall be in black at right hand bottom portion of the note,” it said.

On the reverse side, the year ‘2017’ is mentioned.

“There is also representation of One Rupee coin with rupee symbol having floral design, and the surrounding design consists of the picture of ‘Sagar Samrat’ the oil exploration platform,” it added.