New 20 Rupees Notes: Millions of crores of transactions in India are done through cash daily. Even though the trend of UPI is increasing day by day, small transactions are still taking place in cash and these cash transactions are most common ,From shopkeepers to passengers, transactions of this note are the highest. In such a situation, the Reserve Bank of India also continues to issue this small note from time to time.
Currently, the Reserve Bank of India is planning to issue new notes of ₹20. These new notes will soon be released for the trend in the markets, although the release of these new notes will not affect the validity of the old notes. This is only a formality that is being played to meet the need. Sanjay Malhotra, the governor of the Reserve Bank of India, will sign these ₹20 notes, which will differ slightly from the previous notes.
New 20 Rupees Notes Features
- As we said, this new note of ₹ 20 will be signed by the new RBI Governor Sanjay Malhotra.
- The size of this note will be 63 mm × 129 mm.
- Talking about the color of the note, it will be of Greenish Yellow color.
- The main picture on this note will be of Mahatma Gandhi, which will be made at the center of the ₹ 20 note.
- The back of the note will have a picture of Ellora caves on the side that will show India’s cultural heritage.
- In the note, the security feature is also given enough space like the ‘rs 20’ will be written in Devanagari words too and word India will be printed here in micro lettering
- The note will have a window security thread in which India and RBI will be written.
- Apart from this, it will have Mahatma Gandhi’s water mark and electro type wiremark.
- The note will also have a symbol of Ashoka Pillar.
- Apart from this, the logo and slogan of Swachh Bharat Abhiyan will also be printed in this note.
- The year of printing will also be printed on the note, and ₹20 will be written in various languages on a language panel located in the middle behind the note.
What Will Be The Effect On The Old Note When New Notes Get Released?
These new notes issued by the Reserve Bank of India will not affect the old notes. Old notes in the markets will be considered valid in the same way that it is today. These notes can be used in transactions without any discomfort.
Why Are New Notes Of ₹20 Being Issued By The Reserve Bank Of India?
The new governor has recently taken charge at the Reserve Bank of India. The new RBI Governor Sanjay Malhotra is handling all matters of the Reserve Bank of India. According to the rules, every governor’s signature notes are issued during taking charge. This is necessary for the authenticity and administrative identity of the notes. Sanjay Malhotra will take over the charges of Reserve Bank of India for the next 3 years, in such a situation, the RBI can issue an order to print new notes from time to time according to the need.
Overall, the Reserve Bank of India is going to issue New 20 Rupees Notes soon, this decision has not been taken under any economic crisis or major change. It is only a general administrative process that is part of the new appointment and currency management system. In such a situation, the general public does not need to worry about the launch of these RBI 20 Rs Notes. The old ₹20 notes will remain fully valid even after the new ones are released.
