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New Rs 200, Rs 500 notes soon with RBI’s Shaktikanta Das signature; check what happens to old notes

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New notes for Rs 200 and Rs 500 will be soon issued by The Reserve Bank of India in Mahatma Gandhi (New) series, RBI announced. With the signature of the current RBI Governor Shaktikanta Das, the new notes will be similar to previous Rs 200 and Rs 500 notes. The past notes of these denominations issued by the central bank will continue to be legal tender, RBI further added.

Features of new notes

Rs 200 note has a motif Sanchi Stupa while Rs 500 note features Red Fort as the overarching theme for the new notes is Indian Heritage sites. The notes also have a logo of Swachh Bharat with the slogan — Ek Kadam Swacchta ki Aur. The new notes have denominational value written in Devanagari script as well. Continuing the previous trend, the changed currency will have an image of Mahatma Gandhi. Also, the denominational number along with Rupee symbol is featured in colour-changing ink (green-blue).

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As of 2019, new notes for Rs 50, Rs 100, Rs 200 and Rs 500 have been announced.

A few days back, the central bank had also announced that it will issue new Rs 50 and Rs 100 denomination currency notes bearing the signature of Governor Shaktikanta Das. The old banknotes of this denomination will remain legal tender, it said in a statement.

Currently, the new currency notes (post-demonetisation) have been issued for Rs 10, Rs 20, Rs 50, Rs 100, Rs 500 and Rs 2,000. They have been issued in varied colours for easy perusal. While Rs 2,000 note is a bright pink, Rs 50 note is a fluorescent blue and Rs 100 note is lavender coloured. The notes for Rs 200 are in bright yellow-orange while Rs 500 notes are set in stone grey.

The new notes of Rs 2,000 and Rs 500 denomination were issued in 2016 along with the announcement of demonetisation of the then legal tenders Rs 1,000 and Rs 500.