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200 Rupees Note: RBI to issue Rs 200 Currency Note, Printing in Progress

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200 Rupees Note

More than seven months after Demonetization has completed, RBI is now introducing 200 Rupees Note as the note is now under printing progress. After the launch of Rs 200 Currency Note, provide liquidity in market which had affect due to Rs 2000 note. As the image of 200 Rupees Note has been viral on social media very rapidly so, there is nothing official in its design. But before the launch of Rs 200 Currency Note it will go through various checks for security and quality at the printing press.

Finance Ministry sources say “The new notes, which are being printed at a government press in Mysuru, will help liquidity”.

After the demonetization, successful implementation of 500 and 2000 Rs notes has been done. Now, to increase the liquidity the bank is coming up with the launch of Rs 200 notes with additional security features. As per the reports of media it is to be believed that RBI wants to circulate new Rs 200 currency notes only through banks and not from ATMs like Rs 50 and Rs 10 notes are circulated.

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200 Rupees Note

200 Rupees Note

RBI to issue Rs 200 Currency Note
  • Some facts about 200 Rupees Note that has been made by Reserve Bank Of India and Finance Minister:
  • RBI starts printing Rs 200 notes to ease money transactions.
  • New notes of Rs 200 should be out before the end of 2017 or in starting of 2018.
  • As per the reports in the media, the new Rs 200 Currency Note will not be dispensed through ATMs. 
  • The central bank had reportedly decided to bring in Rs 200 notes in March after consulting the finance ministry, they said.
  • In a surprise announcement, Prime Minister Narendra Modi announced scrapping of old notes of Rs 1,000 and Rs 500 notes, wiping out over 85 per cent of the cash in circulation.
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RBI Launches New Notes

The great step by prime minister of India Mr. Narendra Modi, had totally surprised the country by announcing demonetization and launching new currency. For curbing corruption and black money from the nation, Mr. Modi has taken many brilliant steps against corruption and one of them is 200 Rupees Note. As per the official reports, the refurbish notes of Rs 200 will be having superior safety measures. Meanwhile, the RBI will also introduce the plastic currency notes soon in India.

Hope, above information about 200 Rupees Note is usefull for you so, soon RBI will launch Rs. 200 Note and then you can enjoy its benefits. Thanks for visiting, get connected with our web page as we will provide latest information regarding new updates.  Applicants can get in touch with our web portal that is www.privatejobshub.in

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