To solve the problem of lower denomination notes the RBI approved the proposal to introduce new Rs 200 notes, here's the picture of that note which is getting viral.The new 200 Rs note looks very similar to the existing higher denomination notes like 2000 and 500 notes and it has got almost all new features to identify.
After replacing the old 500 and 1000 Rs notes with a move called demonetisation, India is all set to witness new currency note and the process of printing these notes are to be started from the month of June this year.In order to balance the higher denomination notes with lower currency, the union government, after an approval from RBI has decided to come up with this move. However, an official announcement from the central bank is still awaited regarding this 200 rupee note.
On other side of the coin, union is trying hard to go digital and making it complicated for common people, who're still facing cash crunch problems at ATM machines. -
