The government has given its approval to the RBI to issue 200 rupee notes. On the recommendations of the Central Board of Directors of the RBI, government has notified bank notes of 200 rupees.
The new 200 rupee notes are likely to be in circulation shortly. This is the fourth new note to be announced since November when 1000 and 500 rupee notes were demonetised.
The introduction of the new notes is expected to ease the problems faced by people due to high-value 2,000 rupee notes.
