Govt notifies Rs 200 currency notes

New Delhi, August 23:  

The government on Wednesday notified currency notes in the denomination of Rs 200.

“In exercise of the powers conferred by sub-section (1) of Section 24 of the Reserve Bank of India Act, 1934, and on the recommendations of the Central Board of Directors of the Reserve Bank of India, the Central Government hereby specifies the denomination of bank notes of the value of two hundred rupees,” said an official notification.

The new notes are expected to come into circulation from next month. The Reserve Bank of India had recently also unveiled a new series of Rs 50 currency notes.

(This article was published on August 23, 2017)

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