Business Economy 06 Apr 2017 Is this new Rs 200 n ...

Is this new Rs 200 note going viral on social media real, or fake?

Published Apr 6, 2017, 6:15 pm IST
Updated Apr 6, 2017, 6:25 pm IST
RBI has revealed it plans to start printing new Rs 200 currency notes as part of remonetisation drive.
Veracity of this Rs 200 note is still to be asceratined.
 Veracity of this Rs 200 note is still to be asceratined.

Mumbai: Days after the Reserve Bank of India revealed it plans to print new Rs 200 denomination notes, images of a purported genuine Rs 200 note have already surfaced on social media.

Though veracity of the said currency note could not be confirmed, the note can easily pass as a genuine note given its look. Banking regulator RBI has also not issued a word on it. The images first appeared some two days ago on social media and since then they have gone viral.

This particular Rs 200 currency note has all the security features, that the newly introduced Rs 2,000 and Rs 500 notes contain, printed on it. According to a report on The Financial Express, the Rs 200 note is most probably is a fake one.

The report adds that the currency note has watermark and other security features similar to that found on new legal tenders of Rs 2,000 and Rs 500 that were introduced in the aftermath of demonetisation that sucked out 86 per cent of currency in circulation.

"The note also mentioned Rs 200 in English and Devnagari font along with Reserve Bank of India (RBI) and the signature of RBI governor," the report said. So far no denial statement has been issued by government or for that matter the RBI.

Central bank has indicated that it is waiting for a green signal from government to start printing new Rs 200 notes as the exercise requires government's approval. Reports also claimed RBI hopes to start printing of new Rs 200 denomination currency notes from the month of June.



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