Reserve Bank of India Started Printing Rs 200 Notes

💲200 Notes 💵

New Delhi: RBI  to present Rs 200 💵

RBI has begun the printing of Rs 200 notes. The requests for printing have as of now been places, sources said on Tuesday.

The gossip of Rs 200 note printing initially surfaced in April 2017, yet the news was not  declared at that point. In any case, now, very set sources have declared that the notes of Rs 200 category are being imprinted in one of the administration claimed offices after the Reserve Bank of India (RBI) put in a request fourteen days prior for the bills.

The Rs 200 note expects to fill the denomination  between high category Rs 500 note and lower categories like Rs 100, Rs 50, Rs 20 .

“For everyday exchange purposes, the presentation of 200 rupee notes will add to the simplicity of operations,” said Soumya Kanti Ghosh, amass boss financial specialist at the SBI Group to TOI.

The presentation of the Rs-200 money notes originates before the government’s choice to overnight pull back bills of the higher section in November as a feature of a more extensive exercise to quit duplicating and kerbing untaxed trade out Asia’s third-greatest economy.

The RBI board had before cleared the proposition to issue banknotes of Rs 200 section. The administration, as well, had analyzed the presentation of the new notes that would enable subjects to execute effectively.

THIS Notes are not availabel in ATM.. 💷

Like Rs 10, 20 and 50, the circulation channel for Rs 200 cash notes will be branches of banks starting at now, in light of the fact that recalibrating the ATMs for apportioning 200 Rupee note would be a repetitive assignment.

Moreover, recalibrating around 2, 19,980 machines for administering new 200 rupee notes through ATMs would take over a month which would turn into another bad dream like the stage when the new cash notes of Rs 500 and Rs 2000 were presented.

SPECIAL FEATURES OF Rs 200 NOTEs 💶

#This is without precedent for the historical backdrop of RBI that a 200 rupee is being printed for course in the market.

#It was in the Month of April when the photo of Rs 200 note turned into a web sensation on the online networking and was colossally shared on WhatsApp. In spite of the fact that around then, the legitimacy of the note was built up.

#The colour is different compare to all other notes .

#The new rupee 200 note is stacked with different security highlights.

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