Friday, April 19

Tag: new Rs 10 notes

RBI To Issue Chocolaty New Rs 10 Notes
INDIA

RBI To Issue Chocolaty New Rs 10 Notes

The Reserve Bank of India will be issuing new Rs 10 notes under Mahatma Gandhi series. The new Rs 10 notes will soon be available in chocolate brown color as the base with a picture of Konark Sun Temple. As per the source, the government has already printed around 1 billion pieces of the new Rs 10 note. It was only last week that the designed got approved by the government, which has not been changed since 2005. The new Rs 200 and Rs 50 notes were launched in August 2017 under the Mahatma Gandhi series. The aim of introducing new notes of lower denominations is solely to prevent counterfeiting of notes and promote digital economy. The government has been trying hard to promote digital money, i.e. payments by debit, credit cards or digital wallet in a bid to eliminate black money o...