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Neither pink nor brown, RBI to launch new 100 rupee notes in lavender colour soon

Speed News Desk 19 July 2018, 15:44 IST

Neither pink nor brown, RBI to launch new 100 rupee notes in lavender colour soon

RBI will shortly issue Rs 100 denomination banknotes. This new denomination has motif of “RANI KI VAV” on the reverse, depicting the country’s cultural heritage. The base colour of the note is Lavender. The existing 100 rupee note will continue to be legal tender.

As reported in NDTV "The base colour of the note is lavender. The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse. Dimension of the banknote will be 66 mm x 142 mm," the RBI said in a statement.

The new banknote will also be smaller in dimensions (66 mm × 142 mm) compared to the currently circulated notes (73mm X 157 mm).

All Rs 100 banknotes issued by the Reserve Bank in the earlier series will also continue to be legal tender.

 

"All the banknotes in the denomination of Rs. 100 issued by the Reserve Bank in the earlier series will continue to be legal tender. As is normal, when a new design of banknote is introduced, printing and supply of these notes for distribution to public through the banking channel will gradually increase," it added.

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