After a period of 20 years, the RBI will soon put in circulation currency notes in one rupee denomination. The notes will be printed by the Government of India,” the Reserve Bank said.
According to RBI, the upcoming Rs.1 currency note will be predominantly pink green on obverse and reverse in combination with other colours. Intead of RBI Governor signature, the one rupee note will have signature of the Finance Secretary. One rupee note or coin is issued by the Government of India.
Older notes are still in circulation and remain legal tender.