The Reserve Bank of India will soon circulate one rupee notes in the country. The existing notes and coins will also continue to be legal tender.
The new Rs 1 printed by the government will be of pink-green in colour with the representation of the one rupee coin on the reverse of the note.
The new note will have 'Bharat Sarkar' on its masthead, with 'Government of India' printed below that with the bilingual signature of Shri Shaktikanta Das, Secretary Ministry of Finance.
The one-rupee note is issued by the central government while all the other denominations are issued by the RBI.
This is the third new currency after Rs 500 notes and Rs 1000 notes to be launched by the government since demonetization in November,