RBI to Issue new 100 Rupee Notes

Post demonetization, the Central Bank has issued new notes of different denominations, with most notes being smaller in size than the current ones, and more colorful than the earlier ones.

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RBI to issue new 100 rupee notes

The Reserve Bank of India will issue new ₹ 100 notes of Lavender color, smaller than the current size.

“The new notes will depict Motif of Rani ki Vav on the reverse, epitome of country’s cultural heritage,” the central bank said on Thursday.

Post demonetization, the Central Bank has issued new notes of different denominations, with most notes being smaller in size than the current ones, and more colorful than the earlier ones.

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The issuance of many new notes of distinct colors also drew flak from some quarters owing to poor quality of notes.

After the demonetization move, the older denominations of 500 and 1000 ceased to be in legal tender, thereby leading to the issuance of new notes of Rs 500 and 2000.