Newly-designed currency notes are likely to circulate in the country soon with the Reserve Bank of India board on Thursday recommending a new set of designs for the banknotes.
“The Central Board also discussed and recommended to the government a set of designs for the new banknotes series which, on approval from the government, will be introduced in due course,” said an RBI statement said.
At its 557th meeting here, the board discussed the national and international macroeconomic scenario and also reviewed the working of specific areas of operations of the RBI, including information technology and cyber security, and setting up of an IT subsidiary, the statement added.