Reserve Bank of India launched many new currencies in India after the demonetization of 2016. Six new currencies were launched by the RBI after the demonetization. The first new currency was ₹2000 and the latest one in the market is the ₹100 note.
The government announced the demonetization to probably eradicate the black money flow in the market. Soon after the launch of country’s highest denomination note ₹2000 and ₹500 note, the government launched many smaller currencies. It was difficult for the common public to make all transactions with bigger denomination currencies. So in order to fill in the missing gap between the ₹100 and ₹500, the government launched ₹200 note. This not only filled in the gap between higher and lower currencies but also helped the common public with ease of exchange of currencies. Let’s have a glance at all the new currencies launched by the government, right from ₹2000 note to ₹100 note:
The new 100 rupee note was launched by Reserve Bank India in July 2018. The fresh lavender colour ₹100 note carries the following:
- The motif of Gujarat’s “Rani Ki Vav” (queen’s stepwell, a UNESCO World Heritage Site).
- Swachh Bharat logo and slogan on the reverse.
- Slightly smaller than the existing ₹100 note, bigger than the ₹10 note
- Special features for the visually-impaired include raised printing of Mahatma Gandhi portrait, raised triangular identification mark.
Reserve Bank of India introduced 10 rupee note in January 2018. The note carries a motif of Sun temple and Konark on the reverse side, depicting the country’s cultural heritage.
The RBI also introduced 50 rupee note. The new note carries the signature of RBI Governor Urjit Patel. The new Mahatma Gandhi note series carries the motif of Hampi and Chariot depicting the country’s cultural heritage. This note is in Fluorescent Blue colour.
The 200 rupee note was something new. The ₹200 Note did not exist earlier was a new denomination in Indian Currency. The note is in the base colour of bright yellow and it carries the motif of Sanchi Stupa on the reverse side.
Reserve Bank of India introduced the new 500 rupee note in Indian Market in November 2016. The 500 rupee note is the country’s second highest currency note in circulation. It is stone grey in colour and carries the portrait of Mahatma Gandhi, the Ashoka Pillar Emblem and the RBI Governor signature. The reverse side of the note has the motif of country’s cultural heritage Red Fort, and the logo and tagline of Swachh Bharat Abhiyaan.
This was the first new currency launched by Reserve Bank India after demonetization. This new currency was introduced by RBI on November 8 2016. The ₹2000 Note is the highest currency note in India in circulation. The new note of Mahatma Gandhi Series has a completely new design and carries Mahatma Gandhi, the Ashok Pillar Emblem, and the signature of Reserve Bank India in front. The reverse side features the motif of Mangalyaan, India’s first interplanetary space mission. The reverse side also features the logo and tagline of Swachh Bharat Abhiyaan.