RBI to soon release Rs 20 note with additional features

Written by Newsroom Staff December 25, 2018 17:40

New Delhi: After rolling out currency notes of Rs 50 and Rs 10 denominations, the Reserve Bank of India (RBI) will soon introduce a new Rs 20 currency note with additional features.

The central bank has already issued new look currency notes in the denominations of Rs 10, Rs 50, Rs 100, and Rs 500, besides introducing Rs 200 and Rs 2,000 bank notes.

Reserve Bank of India (RBI) will soon introduce a new Rs 20 currency note with additional features

The new look notes are being introduced since November 2016 under Mahatma Gandhi (New) series. These are different in size and design compared to the notes issued previously.

The currency notes, except for banned Rs 500 and Rs 1,000, issued under old series continue to remain legal tender.

The Rs 20 notes accounted for 9.8 per cent of the total number of currency notes in circulation at the end of March 2018.