New Delhi: A new Rs 20 currency note with additional features will be in circulation soon along with the old Rs 20 note, a Reserve Bank of India document has revealed.
RBI data said that Rs 20 notes accounted for 9.8 per cent of the total number of currency notes in circulation at the end of March 2018 and there were 4.92 billion notes in circulation as on March 31, 2016. By March 2018, this number has increased over two times to about 10 million.
The issue of the new Rs 20 note would follow the bank already having introduced new looking currency notes in the denominations of Rs 10, Rs 50, Rs 100, and Rs 500. The bank also introduced two new denomination -Rs 200 and Rs 2,000 banknotes post-demonetisation.
In the new notes, denominational number is written in Devnagri, micro letters ‘RBI’, ‘भारत’, ‘INDIA’ and denominational number, see-through register with the denominational number, angular bleed lines for visually impaired people to identify the note etc.
RBI’s new Rs 100 note has the impression of Gujarat’s Rani-ki-Vav (Queen’s stepwell). In 2014, Unesco approved this 11th-century wonder at Patan (Gujarat) as a World Heritage Site. All the new notes are different from the previous Mahatma Gandhi based notes. While Gandhi’s picture remains at the front of each note still, the reverse side of notes has been changed.