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Tuesday, July 24, 2018

All Notes Are Colorful: 100 new notes will Be Released soon, RBI Starts Printing

All Notes Are Colorful: 100 new notes will Be Released soon, RBI Starts Printing
On November 8, 2016, Prime Minister Narendra Modi announced the closure of 500 and 1000 rupees notes in the country. After that the Reserve Bank issued a new note of Rs. 2 thousand and 500 rupees in the market.

New Delhi: The Reserve Bank of India has started printing a new note of 100 rupees. After this note comes into the market, there will be no old note in your pocket, because the Reserve Bank has already released the new note of 50, 200, 500 and 2000 notes in the market. The color of this new note of Rs. 100 will be purple. Its printing has started in Dewas Bank Note Press (BNP).
What is the specialty of the new note of 100 rupees.

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It is being told that by the end of August these notes will come in the market. The specialty of this note is that it is printing on the indigenous paper and ink of the security paper mill of Hoshangabad. On the note, a glimpse of Gujarat’s Left or Bawdi will be seen in the World Heritage. BNPP is not speaking anything about the new note. In this press, new notes of five hundred and two thousand rupees were also printed.
                             

The announcement of the ban on November 8, 2016
On November 8, 2016, Prime Minister Narendra Modi announced the closure of 500 and 1000 rupees notes in the country. After that the Reserve Bank issued a new note of Rs. 2 thousand and 500 rupees in the market. The Reserve Bank has so far issued notes of 10, 20, 50, 200, 500 and 1000 rupees. The note of only Rs 100 was old.
Let us know that the RBI issued a new note of Rs 200 in August last year. Keep in mind that there is a provision for issuing notes up to Rs 10,000 under the Reserve Bank of India Act 1934, but when and when the price notes will be issued, decision is made only after the opinion of the government and the central bank. .

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