The Reserve Bank of India (RBI) has announced the issuance of new ₹100 and ₹200 banknotes, clearing doubts about the validity of existing currency. The new banknotes will retain the same design as those in circulation under the Mahatma Gandhi (New) series.
In this article, we will discuss the key details of the newly issued banknotes, the reason behind the update, and whether the old ₹100 and ₹200 notes will remain valid.
New ₹100 and ₹200 Notes to be Issued by RBI

The Reserve Bank of India is set to introduce fresh ₹100 and ₹200 banknotes, which will feature the signature of the newly appointed RBI Governor, Sanjay Malhotra.
No Change in Design of New ₹100 and ₹200 Notes
RBI has clarified that the new ₹100 and ₹200 banknotes will not have any changes in their design, color, or security features.
They will be identical to the notes already in circulation under the Mahatma Gandhi (New) series. The only difference will be the signature of the new RBI Governor.
Why Is RBI Issuing New ₹100 and ₹200 Notes?
Every time a new RBI Governor takes office, new banknotes with their signature are released. Sanjay Malhotra, who took over as the 26th Governor of the Reserve Bank of India in December 2024, will now have his signature on the new currency. This is a routine practice and does not indicate any change in the currency system.
What Happens to Old ₹100 and ₹200 Notes?
One of the biggest concerns among the public is whether the old ₹100 and ₹200 banknotes will remain valid after the new ones are introduced.
Old ₹100 and ₹200 Notes Will Remain Legal Tender
The RBI has confirmed that the previously issued ₹100 and ₹200 notes will continue to be valid and remain in circulation. There is no withdrawal or demonetization of these notes. People can continue using them without any concerns.
No Need to Exchange Old Notes
Since the old ₹100 and ₹200 banknotes will remain legal tender, there is no need to exchange them for new ones. The RBI has assured that both old and new notes will coexist in the economy.
Important Features of ₹100 and ₹200 Banknotes
While the new ₹100 and ₹200 notes will be identical to the existing ones, let’s take a look at some important features of these banknotes.
₹100 Banknote Features

- The ₹100 note is lavender-colored and features the Rani Ki Vav stepwell on the reverse side.
- It includes Mahatma Gandhi’s portrait, RBI emblem, and other standard security features.
- The dimensions of the ₹100 note are 66mm x 142mm.
₹200 Banknote Features
- The ₹200 note is bright yellow and showcases Sanchi Stupa on the reverse side.
- It also includes Mahatma Gandhi’s portrait and other anti-counterfeiting security features.
- The size of the ₹200 note is 66mm x 146mm.
Both banknotes have tactile marks for visually impaired individuals and incorporate security threads, latent images, and color-shifting ink to prevent counterfeiting.
Impact of the New Notes on the Indian Economy
The introduction of new banknotes featuring the signature of the new RBI Governor is a routine process and does not impact the economy in any major way.
No Effect on Cash Circulation
- The issuance of new ₹100 and ₹200 notes will not impact the total cash supply in the country.
- Both old and new notes will circulate together, ensuring smooth transactions.
No Change in Inflation or Interest Rates
- The introduction of new notes does not mean an increase or decrease in money supply, so there will be no impact on inflation or interest rates.
Ensuring Smooth Currency Operations
- RBI’s decision to issue new notes is a standard procedure to maintain uniformity in currency.
- The banking system will continue to accept and distribute both new and old ₹100 and ₹200 notes.
What Should the Public Do?

Since the new banknotes will be identical in design and features to the existing ones, there is no action required from the public.
Key Takeaways for Consumers
✅ No need to exchange old ₹100 and ₹200 notes – They remain legal tender.
✅ Both new and old notes can be used for transactions – No restrictions.
✅ Beware of fake news and misinformation – RBI has confirmed that the old notes will not be withdrawn.
If you come across any fake news suggesting the demonetization of ₹100 and ₹200 notes, it is advisable to check RBI’s official statements or visit www.rbi.org.in for verified information.
Conclusion: New ₹100 and ₹200 Notes with Governor’s Signature
The Reserve Bank of India has announced the issuance of new ₹100 and ₹200 banknotes featuring the signature of the new RBI Governor, Sanjay Malhotra.
These notes will be identical to the existing ones and will not replace or demonetize the old currency.
This move is a routine practice and has no impact on cash circulation or economic policies. The old ₹100 and ₹200 notes will continue to be legal tender, ensuring that there is no inconvenience to the public.