New Rs 200 notes News
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A bench of Acting Chief Justice Gita Mittal and Justice C Hari Shankar told the government and the RBI to reconsider the issue and if possible examine the new currency notes of Rs 200 and Rs 50 denominations as the visually-impared people were finding it difficult to use them due to their size and the tactile marks.
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The Reserve Bank on Friday launched the bright yellow 200 notes and said it will shortly ramp up the supply of the new currency note across the country.
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New Rs 200 notes will not be dispensed through ATMs – Here's why
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Introduction of a new currency denomination and design is done keeping in consideration various factors like ease of transactions for the common man, replacement of soiled banknotes, inflation and the need for combating counterfeiting.
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Initially the new Rs 200 notes will be circulated by select RBI offices, and some banks.
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The new notes of Rs 200 is expected to be out before the end of 2017.
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