Minister of State for Finance Santosh Kumar Gangwar has stated that Rs 200 notes will be in circulation soon. The Reserve Bank of India, as reports suggest, has already begun printing the new notes.

The Rs 200 note is meant to sort out difficulties in transactions while using the new Rs 2000 notes and due to lack of sufficient Rs 500 and Rs 100 notes Even the largest commercial bank of the nation, State Bank of India , has praised the move to release new Rs 200 notes calling it the 'missing middle'.