This is how new Rs 100 note will look, RBI paints it lavender
6 years, 5 months ago

This is how new Rs 100 note will look, RBI paints it lavender

India Today  

It is time for the Rs 100 note to get a makeover now. The Reserve Bank of India is going to issue a new Rs 100 denomination banknote soon which would have lavender colour as base. The RBI in a press release said that the new Rs 100 notes will be issued in the Mahatma Gandhi Series and bear the signature of Governor Urjit Patel. On November 8, 2017, Prime Minister Narendra Modi announced that on the stroke of midnight, all 500 and 1,000 rupee notes - 86 per cent of the currency in circulation - would cease to become legal tender. The RBI said in its Annual Report for 2016-17 that 99 per cent of the junked Rs 500 and 1,000 notes were returned to the banking system.

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