New Notes of ₹100 and ₹200 with New RBI Governor’s Signature: What You Need to Know

The Reserve Bank of India (RBI) has announced the imminent release of new ₹100 and ₹200 denomination banknotes. These notes will belong to the Mahatma Gandhi (New) Series and will bear the signature of Shri Sanjay Malhotra, the newly appointed RBI Governor. The introduction of these banknotes is a standard procedural update that follows the appointment of a new Governor and does not signify any changes in design or security features.

Design and Features Remain Unchanged

The RBI has confirmed that the design of the new ₹100 and ₹200 notes will remain identical to the existing ones in circulation under the Mahatma Gandhi (New) Series. This ensures continuity in the appearance and recognition of the currency. The issuance is a routine measure undertaken to align the notes with the signature of the incumbent Governor, a practice followed for decades.

No Impact on the Validity of Existing Banknotes

All previously issued ₹100 and ₹200 banknotes will continue to be legal tender. The introduction of the newly signed banknotes does not affect the validity of older notes in circulation. The RBI periodically updates banknotes with the signature of the serving Governor to maintain consistency in the monetary system, but this does not necessitate any action from the public regarding existing currency holdings.

Sanjay Malhotra: The 26th RBI Governor

Sanjay Malhotra, a 1990 Batch Indian Administrative Service (IAS) officer from the Rajasthan Cadre, assumed office as the 26th Governor of the Reserve Bank of India on December 11, 2024. His tenure is set for 3 years, during which he will oversee monetary policy, financial regulation, and economic stability in the country.

Conclusion

The RBI’s announcement of new ₹100 and ₹200 banknotes bearing the signature of Sanjay Malhotra is part of standard currency management procedures. With no changes to the design and continued validity of older banknotes, this development is simply an administrative update reflecting the appointment of a new RBI Governor.

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