RBI will soon launch new Re. 1 currency note
"The Reserve Bank of India will soon put into circulation currency notes in one rupee denomination. The notes have been printed by the Government of India," the RBI said in a statement.
It said: "These currency notes are legal tender as provided in The Coinage Act 2011. The existing currency notes in this denomination in circulation will also continue to be legal tender."
The note will consist of the picture of ‘Sagar Samrat’, the oil exploration platform, the RBI said.
Speaking on the colour of the note, the RBI said: "The colour of One Rupee Currency Note shall be predominantly pink green on obverse and reverse in combination with others."
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