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Thursday, July 19, 2018

RBI to release New Lavender Coloured 100 Rupee Note

RBI to release New Lavender Coloured 100 Rupee Note

New Delhi: As part of the Central Bank’s regular exercise, the Reserve Bank of India is set to introduce new Rs 100 denomination banknotes in the Mahatma Gandhi (New) Series shortly.

The new denomination will bear the impression of Gujarat's historic stepwell Rani ki Vav, depicting the country’s cultural heritage. The base colour of the note is Lavender, said the apex bank in a notification on Thursday, 19th July 2018.

The new Rs 100 note will be smaller than the previous version and slightly bigger than the Rs 10 note, and weight less than the old Rs 100 note.
The printing of the new Rs 100 notes has already begun at the printing press in Dewas with indigenous ink reportedly being used to print the notes.
Banks will have to make changes in ATMs to accommodate the new notes as was the case with new notes of other denominations.

Several new micro-security features have been added to the new Rs 100 note, which will be visible only under ultraviolet light.

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