RBI to release new Rs 20 currency note soon
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- February 25, 2019
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NEW DELHI: The Reserve Bank of India (RBI) will soon introduce a new Rs. 20 currency note with additional features, according to a document of the central bank. The central bank has already issued new look currency notes in the denominations of Rs. 10, Rs. 50, Rs. 100, and Rs. 500, besides introducing Rs. 200 and Rs. 2,000 bank notes.
The new look notes are being introduced since November 2016 under the Mahatma Gandhi (New) series. These are different in size and design compared to the notes issued previously. The currency notes, except for banned Rs. 500 and Rs. 1,000 issued under old series, continue to remain legal tender.
According to the RBI data bank, there were 492 crore pieces of the Rs. 20 note in circulation as on March 31, 2016.