RBI to Introduce New Rs 20 Note, Currency to Have Additional Features
A Central bank document says that the new Rs 20 currency notes will come with additional features. The Rs 20 notes accounted for 9.8 per cent of the total number of currency notes in circulation at the end of March 2018, said an RBI data.
New Delhi, December 25: The Reserve Bank of India (RBI) is all set to introduce new Rs 20 currency, after bringing out the new Rs 10, Rs 50, Rs 100 and Rs 200 new notes. The Rs 20 notes accounted for 9.8 per cent of the total number of currency notes in circulation at the end of March 2018, said an RBI data. New Rs 10 Currency Note in Chocolate Brown Colour to be Issued by RBI.
A Central bank document says that the new Rs 20 currency notes will come with additional features.
The new look notes are being introduced since November 2016 under Mahatma Gandhi (New) series.
Compared to the notes issued previously, the new notes are smaller in size, with a new design.
According to the RBI data bank, there were 4.92 billion pieces of Rs 20 note in circulation as on March 31, 2016. The number more than doubled to about 10 billion pieces by March 2018. Rs 100 Currency Note is More Likely to be Fake Says RBI's Annual Report For FY 18 Reveals While Government Issues New Note In Lavender Colour. (With Agency Inputs)
(The above story first appeared on LatestLY on Dec 25, 2018 05:10 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).