According to news agency ANI, the Reserve Bank of India (RBI) will be introducing a new Rs200 Indian bank note shortly.
This exercise of printing Rs200 denomination notes is being undertaken to further improve the currency situation in the country, stated a top Government official.
An image of the new note was released recently and went viral on social media platforms; however, it is believed that the image is a fake and could well be replaced before going to the printing press.
No further details were released regarding the note’s sizing and security measures, but it is likely that the note will continue in the style and appearance of the current The Mahatma Gandhi New Series. This new note continues on from the release of the new Rs500 and Rs2000 notes, made available on 13 June, 2017 by the RBI.
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Image courtesy of India.com