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HomePaper MoneyReserve Bank of India to Issue Revised 100 Rupee Banknotes

Reserve Bank of India to Issue Revised 100 Rupee Banknotes

India 2016 Mahatma Gandhi Revised 100 Rupee Banknote

By Reserve Bank of India….
The Reserve Bank of India will soon issue 100-rupee (₹ 100 denomination) banknotes with three additional/revised features in the 2005 Mahatma Gandhi Series, with inset letter ‘R’ in both the numbering panels bearing the signature of Dr. Raghuram G. Rajan, Governor, Reserve Bank of India, and the year of printing ‘2015’ printed on the reverse of the banknote.

The design of the new banknotes is similar in all respects to the ₹ 100 banknotes of the 2005 Series. The new notes will, however, feature numerals of ascending size in the number panels, bleed lines, and an enlarged identification mark on the obverse. Such ₹ 100 banknotes with all three features (with a different inset letter) have already been put into circulation.

reverse, India 2016 Mahatma Gandhi Revised 100 Rupee Banknote

Reverse, 2016 Mahatma Gandhi Revised 100 Rupee Banknote. Image courtesy Reserve Bank of India

The Reserve Bank of India earlier had issued ₹ 100-denomination banknotes with the same inset letter (‘R’) in June of 2015 with numerals of ascending size in the number panels but without bleed lines or an enlarged identification mark. These banknotes will remain in circulation concomitantly with the banknotes being issued now.

All the banknotes in the denomination of ₹ 100 issued by the Bank in the past will continue to be legal tender.

CoinWeek
CoinWeek
Coinweek is the top independent online media source for rare coin and currency news, with analysis and information contributed by leading experts across the numismatic spectrum.

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