RBI to issue new Rs 10 notes

New Delhi, Jan 04: The Reserve Bank of India (RBI) is going to issue new Rs 10 notes under the Mahatma Gandhi series.

The New 10 rupee will be with chocolate brown color as the base. The new note will bear the picture of the Konark Sun Temple.

Sources said that "the central bank has already printed around 1 billion pieces of the new Rs 10 note."

The change in design in the old Rs 10 note was last made in 2005. In August last year, RBI had introduced the new Rs 200 and Rs 50 notes under the Mahatma Gandhi series. An RBI spokesperson said.

The move to reintroduce lower denomination notes in a new design comes after the government's move to rework the currency mix in order to combat counterfeiting and promote a less-cash economy.