RBI to launch a new 200 notes ?
It will be easier for getting change for the high denomination of Rs.2000.
RBI has approved the proposal for introducing notes of Rs 200 denomination. If done, this will be the second new denomination since Prime Minister demonetized notes of Rs 500 and Rs 1000 last year on 8th November.
In March, RBI Board cleared a proposal to introduce Rs 200 note and now its awaiting clearance from the government. After the approval, printing of this note will begin.
However, there is no official confirmation of the same.
In the recent event ,as per Deputy Governor NS Vishwanathan, presently RBI is not planning of introducing currencies of new denominations and wants to encourage cashless transactions, which are helpful to the people.