New Rs 200 notes a much-needed move to ease consumer transaction hassles
New Rs 200 notes a much-needed move to ease consumer transactio…
Jun 28, 2017
financialexpress.com
The Reserve Bank of India (RBI) started pumping ₹200 notes into the system from last Friday in a bid to ease cash transactions and make the currency system more efficient. This is the second new denomination to be issued, after ₹2,000, since the demonetisation exercise in November. Ever wondered why introduce a ₹200 note instead of ₹250 or why there is never a ₹99 currency note? There is a reason behind it. It is called the Renard Series. | The Hindu
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Rs 200 note on its way as printing begins
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