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New Re 1 notes

The Reserve Bank of India will soon come out with new one rupee notes with predominantly pink-green colors on the obverse and reverse in combination with other colors. The notes will bear the picture of ‘Sagar Samrat’ oil exploration platform. At present, there are one rupee coins and one rupee notes are a rarity. Printing of these notes were discontinued in 1994 but the RBI had reintroduced these notes in 2015. RBI said the new notes will bear the signature of Shaktikanta Das, secretary, finance ministry. The numbering will be in black at the right hand bottom portion of the note. On the reverse side, the year 2017 will be mentioned. There is also a representation of the one rupee coin with the rupee symbol having a floral design.

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