Printing of new Rs 100 notes to start next year
The Reserve Bank of India (RBI) is expected to start the printing process of new Rs 100 notes around April next year.
Printing of the new notes will begin after the RBI’s printing presses have completed the work of new Rs 200 notes by March 2018.
The current Rs 100 notes will be withdrawn slowly without any problems to the common people.
The size and dimensions of the new Rs 100 notes will be same as the old notes so that ATMs can provide the new notes without any changes to its machines.
The idea of releasing new currency notes from time to time is to help remove the circulation of fake notes in the country.