India

RBI Gives Lavender Wash To New Rs 100

New Delhi: The Reserve Bank of India (RBI) will shortly issue new Rs 100 denomination banknotes in the Mahatma Gandhi (new) series.

The new violet note is part of the revised design series introduced after demonetisation in November 2016.

When Prime Minister Narendra Modi had announced demonetisation of Rs 1,000 and Rs 500 notes, the powder blue Rs 100 note was left untouched.

The latest variant features Gujarat’s ‘Rani Ki Vav’ (queen’s stepwell) along with the Swachh Bharat logo and slogan on its reverse. Gandhi ji’s placement remains the same.

“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,” RBI was quoted by NDTV.

All the Rs 100 notes issued by the Reserve Bank in the earlier series will continue to be legal tender, the RBI added.

The new note is slightly smaller than the existing one and bigger than the Rs 10 note.

OB Bureau

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