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RBI to Introduce New 20 INR Notes
December 29, 2018
The Central Bank is gearing up to launch new currency notes of 20 INR denomination which will come with additional features. Since November 2016, it’s introduced new currency notes of various denominations including 10 INR, 50 INR, 100 INR, 200 INR, 500 INR, and 2,000 INR.
According to the RBI, there were 4.92 billion pieces of 20 INR denomination currency notes as on March 2016. By the end of March 2018, they increased more than twofold to 10 billion and made for 9.8% of the total number of currency notes in circulation.
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