New ₹50 note to be issued soon
The Reserve Bank of India (or RBI) is continuing to release rupee banknotes in the new Mahatma Gandhi series.
Now, the Reserve Bank will be releasing a new version of the ₹50 note, which will be printed in fluorescent blue colour and with a picture of Gandhi stamped on the front of it.
The new banknotes will be sixty-six millimetres in width and one hundred and thirty-five millimetres in length. The height is the same as the new ₹500 banknotes and the ₹2,000 banknotes, but the width is slightly less than them.
There are also a couple of new features branded on this new banknote. There will be a motif of Hampi and the chariot printed on the back, as well as the Swachh Bharat logo and its slogan printed on the left of the motif.
Although the Reserve Bank officially announced this note last Friday, images of it were shown on social media some time beforehand.
The RBI did not give any further information about the upcoming ₹200 banknote, but they did provide the details of the new security highlights of the upcoming ₹50 banknote.
Surprisingly, the RBI announced that all of the earlier ₹50 banknotes will still be able to be used legally. This may be easier for direct cash payments and exchanges, but it will certainly be more difficult for ATMs.
However, it may not be as much of a problem as expected. The CEO of the India NCR, Navroze Dastur, announced that most banks have stopped printing the old ₹50 notes.
However, should there be any ATM-related issues with old ₹50 notes versus the new ones, Dastur said that there will have to be separate ATM cassettes for old notes and new notes.
This new ₹50 note will continue the re-monetization of India, working towards a better and cleaner Indian economy.
Image by Prasanta Sahoo from Pixabay (Free for commercial use)
You may also like
Image Reference: https://pixabay.com/photos/note-indian-rupees-currency-cash-4128733/
Recent Posts
- Apply for DSSSB Delhi High Court attendant postsCandidates who meet the eligibility criteria can apply online via the official DSSSB website.
- India hopes for easing of US tariffs on exports by NovemberIndia is also reportedly considering reducing its own retaliatory tariffs, which currently stand at 25%.
- Final Solar Eclipse of the year on September 21The last solar eclipse of the year is approaching, marking a significant celestial event. Although it will be a partial eclipse, its timing and impact remain noteworthy, even if it won’t be visible from India.
- Apply for DSSSB Delhi High Court attendant posts
What’s new at WeRIndia.com
News from 700+ sources
-
Interstate cybercrime racket busted in Punjab, 38 arrested
-
Man Bites Snakes Head After Being Bitten in Tirupati District
-
Bombay HC receives second bomb threat email in week; turns out to be hoax
-
SC dismisses petition challenging Karnataka government invite to Banu Mushtaq to participate in Mysuru Dasara
-
Isko Padma Shri milna chahiye! Meet the man who waited 21 hours to be the first inside Apples Mumbai store
-
‘India hasn’t been fortunate with neighbours, but shaped its own destiny’: Rajnath Singh lauds Op Sindoor, salutes 1965 war veterans
-
WeRIndia – A News Aggregator
Visit werindia.com for all types of National | Business | World | Politics | Entertainment | Health related news and much more..
Leave a Reply