After 20 Years, RBI To Put 1 Note Into Circulation

MUMBAI: One rupee notes are all set to come back into circulation as the government has decided to restart printing the currency after more than two decades.

“The Reserve Bank of India will soon put in circulation currency notes in one rupee denomination. The notes will be printed by the Government of India,” Reserve Bank said in a statement today.

RBI said the notes to be issued would be legal tender as provided in The Coinage Act 2011.

“The existing currency notes in this denomination in circulation will also continue to be legal tender,” it added.

Detailing about the dimensions of the rupee note, the RBI said it will be 9.7 by 6.3 centimetres made of 100 per cent cotton rag content. It will weigh 90 grams per square metre and have thickness of 110 microns.

As watermarks, it will bear Ashoka Pillar symbol in the window without words ‘Satyamev Jayate’, carry a hidden numeral in the centre while hidden word Bharat (in hindi) will be on the right hand side of the note.

“The colour of one Rupee Currency Note will be predominantly pink green on obverse and reverse in combination with others,” RBI said.
Read Also:
Videocon Telecom Plans E-Commerce Foray, Says Won't Need Spectrum
Shanghvi Is Richest Indian: Forbes