Rs 200 note to be introduced by RBI today

India's central bank, the Reserve Bank of India unveiled the design of its Rs 200 currency note and said the new denomination will be introduced in the market on today.

The notes, which bear the signature of Urjit Patel, will be issuedfrom select offices of the RBI and some banks.

The base colour of the note is bright yellow and it has motif of the historical icon, the Sanchi Stupa on the reverse. The obverse side has the portrait of Mahatma Gandhi at the centre and the country's national emblem, the Ashoka Pillar embossed on the right.

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The note also features Prime Minister Narendra Modi's 'Swachh Bharat' logo and slogan.

The designs and geometric patterns of the 66 mm×146 mm note align with the overall colour scheme, both at the obverse and reverse.

The note also features the micro letters "RBI, "India" and "200".

The RBI says the design was chalked out keeping in consideration factors like the ease of transactions, replacement of soiled banknotes, inflation and the need for combating counterfeiting.The Mahatma Gandhi portrait and the Ashoka Pillar emblem have been raised to help the visually impaired.

The Rs 400 note is the fourth new note to be introduced by the RBI since it scrapped Rs 500 and Rs 1000 currency last year in November.

Following demonetisation, the RBI has introduced new Rs 2000, Rs 500 and Rs 50 notes.