RBI plans to print more Rs.200 notes

     Written by : SMTV24x7 | Sat, Aug 26, 2017, 02:47 PM

RBI plans to print more Rs.200 notes

New Delhi, Aug 26: The Reserve Bank of India (RBI) has started circulating the Rs. 200 note from some of its offices and banks from Friday

RBI also stated on Friday that the production of the newly-circulated Rs. 200 note is being ramped up by currency printing presses and will be made available in adequate quantities.

"The production of these notes is being ramped up by the currency printing presses, and over time as more notes are printed, it will be distributed across the country through the banking channels and will be available for public in adequate quantity," RBI said in a statement.

"These notes are available only through select RBI offices and banks as is normal when a new denomination of notes is introduced and the supply increases gradually," RBI said.

While the notes are available from some bank branches, it will take some time before it is available through ATMs.