How do you like the new Rs 100 denomination banknote issued by RBI? - letsdiskuss
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Rohit Valiyan

Cashier ( Kotak Mahindra Bank ) | Posted on | Share-Market-Finance


How do you like the new Rs 100 denomination banknote issued by RBI?


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Entrepreneur | Posted on


The new Rs 100 denomination banknote is as ***** as the new Rs 10, 20, 50, and 200 notes. For some reason, I really like 2000 note though and wish 500 Rs been bigger than existing 100.

Comparatively, the new Rs 100 denomination banknote is much smaller than those in current circulation. Of (66 x 142) mm, to be precise. On one side, there’s smiling Mahatma Gandhi. On another side, signifying the country’s cultural significance, there’s a picture of ‘Rani ki vav’. Rani ki Vav is a stepwell, sited in Patan of Gujarat, on the banks of Saraswati river.

The new note is lavender in color, which might come off as an odd choice for a currency. Why lavender? Is it a flower? It also has many other geometrical designs and patterns across, as is traditional with any Indian currency note.

Of course, many would like it, given its individuality and a feel of freshness. But, if you ask me, the new Rs 100 denomination banknote sucks!

Letsdiskuss (Courtesy: India.com)


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Marketing Manager | Posted on


Some people are not liking the colorful band of denominations that our government in trying to make, while some are seeing good in the new banknotes. “Our government is slowly achieving the resemblance to the LGBTQ symbol showing its support”, is the good they are seeing.


Jokes apart, there are some serious repercussions that RBI has to face. One of them is the investment of Rs. 100 Crore that is needed to recalibrate 2.4 lakh ATMs in the country. The time estimated to do this is of 12 months and RBI says it will issue the new banknotes shortly.

So like it or not, a new interesting color is going to be added in your wallets soon.

Letsdiskuss


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