New Rs 200 notes by Deepavali
The new Rs 200 notes which are being printed may hit the market during Deepavali. Earlier it was stated that the notes may come into the market by the end of this month.
The finance ministry had given the go-ahead to print the notes in July. It was also said that the Rs 2,000 were no longer being printed in a bid to push more of the Rs 200 notes into the market.
The Rs 200 note will be smaller in size and would come in mix of orange and yellow. There was a slight delay in introducing the notes in the market as the ATMs had to be re-calibrated according to the new size.