RBI introduces new Rs 10 banknotes in ‘chocolate brown’ colour
Central bank of India confirmed on issuing new Rs 10 banknotes shortly.
Key Highlights:
- New Rs 10 notes to be out shortly
- The new currency to be in 'chocolate brown' colour
- Existing Rs 10 notes to continue to be legal tender
After introducing new Rs 2,000 notes and colourful Rs 200, Rs 50 notes, the Reserve Bank of India on Friday confirmed that it will shortly issue new banknotes in the Rs 10 denomination.
“The Reserve Bank of India will shortly issue Rs 10 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr Urjit R. Patel, Governor, Reserve Bank of India,” RBI said.
Speculation that the Central bank would be releasing a new Rs 10 note in a chocolate brown colour were confirmed early Friday evening. “The new denomination has motif of Sun Temple, Konark on the reverse, depicting the country's cultural heritage. The base colour of the note is Chocolate Brown.”
“The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse. All the banknotes in the denomination of Rs10/- issued by the Reserve Bank in the earlier series will continue to be legal tender,” RBI said.
Salient Features
Obverse (Front)
1. See through register with denominational numeral 10
2. Denominational numeral १० in Devnagari,
3. Portrait of Mahatma Gandhi at the centre,
4. Micro letters 'RBI', ‘भारत ', ‘INDIA' and '10',
5. Windowed demetalised security thread with inscriptions ‘भारत’ and RBI,
6. Guarantee Clause, Governor's signature with Promise Clause and RBI emblem towards right of Mahatma Gandhi portrait,
7. Ashoka Pillar emblem on the right,
8. Mahatma Gandhi portrait and electrotype (10) watermarks,
9. Number panel with numerals growing from small to big on the top left side and bottom right side.
Reverse (Back)
10. Year of printing of the note on the left,
11. Swachh Bharat logo with slogan,
12. Language panel,
13. Motif of Sun Temple, Konark,
14. Denominational numeral १० in Devnagari.
Dimension of the banknote will be 63 mm x 123 mm.
Last year, the RBI said it would introduce new Rs 10 notes in a phased manner whilst keeping the old ones still in circulation.
“It has been decided to conduct a field trial with plastic banknotes at five locations of the country. Approval for procurement of plastic substrate and printing of bank notes of Rs10 denomination on plastic banknote substrates has been conveyed to RBI,” Ministry of Finance said in March 2017.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?
SCSS vs FD: Which guaranteed return scheme will give you more quarterly income on Rs 20,00,000 investment?
Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets
04:21 PM IST