Reserve Bank of India has officially confirmed release date of new 200 rupees note for financial transactions in India. Two Hundred rupees notes will be issued by RBI from September 2017. Finance Ministry gave confirmation regarding it on 23 August 2017 (23/8/2017). This new notes will have image of Sanchi Stupa in it and there will be a logo of Swach Bharath too (Clean India). Color of Rs.200 notes is of light yellow which proves that early speculated pictures of green and blue Rs.200 notes were fake ones.
This will be the biggest relief after demonetization move by Narendra Modi government few months back in November 2016. New 500 and 2000 rupee notes were released by Reserve Bank of India few months back. Rs.2000 notes of high denomination proved to be very difficult to use for transactions in shops. Common people found using Rs.2000 notes difficult for daily transactions as it was not easy to get balance amount from shops, petrol pumps .etc.
Indian Government tried to give more importance to cashless transactions through online payments, card payments .etc. All such methods proved not to be helpful to ordinary people. This made Reserve Bank of India release new 200 rupees note in India to solve all physical cash availability problems. Indian currency notes have been always facing problems from counterfeit currencies. This made RBI decide to come up with new two hundred rupee notes with more security features to avoid getting counterfeited.
New Rs.500, Rs.2000 notes that were released few months back were not of good quality as there were lot of complaints by people. This made Reserve Bank of India (RBI) come up with new 200 rupees note which can solve all problems.
This is the first time in Indian financial history that Rs.200 notes are being issued. On Wednesday, 23rd August 2017 Finance Ministry gave a Gazette notification as follows – ” In exercise of powers conferred by sub-section (1) of section 24 of Reserve Bank of India Act, 1934 and on recommendations of Central Board of Directors of Reserve Bank of India, the Central Government hereby specifies the denomination of bank notes of the value of two hundred rupees”.
Release date of new Two Hundred rupee notes in India will be from September 2017. Many photos of this new Rs.200 notes is being circulated in social media for past few days claiming to be leaked ones. Everyone who saw photo of Rs.200 notes is excited and waiting to lay their hands on it.
Soon there will be lot of reviews about this new denomination Rs.200 currency note. From issue of these notes in September 2017 we can get detailed opinions from expert people about quality of these currencies, it’s look, feel .etc.
New 200 rupees note photo (Rs.200 notes)
At present two photos of news Rs.200 notes are circulating. One is of light green and another is of light blue colour. Recent pictures of 200 Rs shows that it is of yellow color. So which one if the actual Rs.200 note issued by RBI.
News about 200 rupees note issue
First photo of Rs.200 currency note in yellow is the true one.
There was also a news that new Rs.50 notes will also be issued soon
Small denomination notes are required for most financial transactions. With scarcity of Rs.100 notes in India and issue of new Rs.200 notes all problems related to common man will be solved.
Around Rs.50 crore value of new 200 rupees note will be released by Reserve Bank of India in initial stage.