The Reserve Bank of India (RBI) is set to release new Rs 20 note with additional features. While the exact date of the release is not known as of now, the new look Rs 20 note will add to the government’s arsenal of recently-released new look notes.
The central bank has already issued new look currency notes in the denominations of Rs 10, Rs 50, Rs 100, and Rs 500, besides introducing Rs 200 and Rs 2,000 bank notes.
The new notes are being released under the Mahatma Gandhi (New) series, and all the new notes sport vibrant colors. These are different in size and design compared to the notes issued previously.
As of now, it’s not known what color the new Rs. 20 note will be.
According to the RBI data bank, there were 4.92 billion pieces of Rs 20 note in circulation as on March 31, 2016. The number more than doubled to about 10 billion pieces by March 2018. The Rs 20 notes accounted for 9.8 per cent of the total number of currency notes in circulation at the end of March 2018