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Reserve Bank of India planning to introduce Rs 200 note with security features

Reserve Bank of India planning to introduce Rs 200 note with security features

Reserve Bank of India (RBI) is planning to come out with Rs 200 currency note anytime soon. As per sources, the note will carry new security features.

In addition, the government is mulling over a plan to bring out certain changes every 3-4 years in security feature of Rs 500 and Rs 2,000 notes in order to tackle the menace of fake currency.

The entire exercise is being planned after large number of fake currency notes were busted post demonetisation period.

According to sources, a meeting on this issue was chaired by high level officials in the government last Thursday.

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