Latest News
-
Indian Rupee Hits Record Low Amid Middle East Concerns And Fed Rate Speculations -
Gold Rates In UAE: Huge Jump Of Nearly Rs 1,000 In 24-Carat Yellow Metal In Dubai; WHY? -
Nykaa’s Co-founder Adwaita Nayar Named Young Global Leader In WEF’s Class Of 2024 -
2:5 Bonus: Buy Auto Ancillaries Stock Amid Growing Buying Interest, TP Rs 140: Dividend Soon -
6000% Returns In 3 Years: This Multibagger Penny Metal Stock Soars 140% In 12 Months, Hits Record High -
ONGC Stocks Rises 4% On Amid Tensions In Middle East Oil Markets -
2:1 Bonus: Energy Stock Hits 5% Upper Circuit Ahead Of Dividend Recommendations For FY24, Up 509% From Lows -
Gold Price Chennai, April 15: Yellow Metal Prices Jump, Check 22K, 24K Cost -
RIL Arm Jio Financial Services Stock Soars 5% On JV Announcement With BlackRock; Details Here -
Cellecor Gadgets Shares In Green On Expanding Its Product Offering
New Rs 200 Notes Coming: Reports
The process of printing the new Rs 200 notes is likely to begin after June, once the government officially approves this new denomination.
RBI is planning to introduce Rs 200 notes, says reports. The Reserve Bank of India has approved a proposal to add Rs 200 notes in the country.
According to the reports, the central bank had already taken a decision in this regard in a meeting last month.
"The process of printing the new Rs 200 notes is likely to begin after June, once the government officially approves this new denomination," Live Mint reported quoting sources.
If 200 notes are introduced, it will be the second new denomination of currency to be introduced after the currency ban. After demonetisation, a new version of the Rs 500 note was announced.
The government said on March 17 that the RBI had been authorized to conduct field trials of plastic notes of Rs 10 that have a longer life span. In a written reply in the Lok Sabha, Minister of State for Finance Arjun Ram Meghwal said "it has been decided" to conduct a field trial with plastic banknotes at five locations of the country.
Goodreturns.in
