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TMI BlogRBI to issue ₹ 200 notes: FinMinX X X X Extracts X X X X X X X X Extracts X X X X ..... RBI to issue ₹ 200 notes: FinMin - News and Press Release Dated:- 23-8-2017 - News - New Delhi, Aug 23 (PTI) The government today gave its go-ahead to the Reserve Bank to issue ₹ 200 notes that will ease pressure on lower-denomination currency bills. The finance ministry, in a notification, said that on the recommendations of the Central Board of Directors of the RBI, the centr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al government hereby specifies the denomination of banknotes of the value of two hundred rupees . The new ₹ 200 notes are likely to be in circulation shortly. According to sources, the exercise of printing ₹ 200 denomination notes is being undertaken to further improve the currency situation in the country. Following the demonetisation on November 9 last year, the Reserve Bank ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... had introduced ₹ 2,000 notes and also issued new ₹ 500 notes with additional security features. So with the introduction of ₹ 200 notes, the problem people face due to high-value ₹ 2,000 notes would be taken care of. The Reserve Bank has also introduced new fluorescent blue ₹ 50 banknotes bearing the motif of 'Hampi with Chariot' that depicts India' ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s cultural heritage. In a surprise announcement, Prime Minister Narendra Modi had in November last year announced scrapping of old notes of ₹ 1,000 and ₹ 500 notes, wiping out over 86 per cent of the cash in circulation. The move was aimed at checking black money, counterfeit notes and terror financing. - News - Press release - PIB Tax Management India - taxmanagementindia - t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... axmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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