The Reserve Bank of India on Thursday announced that it will soon issue new Rs 100 denomination currency notes that will have a motif of the Rani Ki Vav, a stepwell in Gujarat, on one side. The base colour of the note in the new Mahatma Gandhi series is lavender, the RBI said. All earlier banknotes in the same denomination will continue to be legal tender.
“As is normal, when a new design of banknote is introduced, printing and supply of these notes for distribution to public through the banking channel will gradually increase,” the RBI added.
Rani Ki Vav is a stepwell located in Patan town of Gujarat, constructed in memory of 11th- Century King Bhima I. In June 2014, the stepwell was added to the list of United Nations Educational Scientific and Cultural Organisation’s World Heritage Sites.
Limited-time offer: Big stories, small price. Keep independent media alive. Become a Scroll member today!
Our journalism is for everyone. But you can get special privileges by buying an annual Scroll Membership. Sign up today!