Reserve bank of India

The RBI is all set to introduce a brand new Rs 100 note, with several new improved features.

However, before you take your soiled notes for exchange or deposition, do have a look at the kind of notes that this facility does not accept.

Bitcoin, and other cryptocurrencies cannot be paid for using the systems and portals of Indian banks, according to RBI rules.

Once sanctioned, your fees for tuition, examinations, library, etc., are paid directly to the college by the bank.

These coins will have a standard weight of around 35 grams and will bear the rupee symbol and denominational value 350 in international numerals on its front side.

The five selected locations include Kochi, Mysore, Jaipur, Shimla and Bhubaneshwar.

Fed up of frauds, the RBI is taking steps to ensure they don't occur.

The new design will share some salient features with the other new notes and will have a unique picture on its reverse side

The central bank issued a statement dismissing media reports that quoted a reply to a Right to Information query, which had suggested that the RBI had not issued any notification making it compulsory to link Aadhaar with bank accounts

The officials expressed that the size and dimensions of the new Rs 100 notes will remain unchanged to avoid dispensing issues at automatic-teller machines (ATMs).