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Centre set to introduce Rs 100 coins soon

Rs 100 coins

New Delhi: The Centre is all set to roll out Rs 100 coins for the first time in the country.

The Ministry of Finance on Monday issued a notification regarding the introduction of Rs 100 coins to commemorate the birth centenary of AIADMK founder Dr MG Ramachandaran and renowned Carnatic singer Dr Subbulakshmi.

The Reserve Bank of India will also issue new Rs 5 and Rs 10 coins to honour the former Tamil Nadu chief minister and the Bharat Ratna-winning singer.

The obverse side of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend Satyamev Jayate inscribed below, flanked on the left periphery with the word Bharat in Devanagari script and on the right periphery with the word India in English.

The Rs 100 coin will be 44 millimeter in diameter with a metal composition of silver (50 per cent), copper (40 per cent), nickel (5 per cent) and zinc (5 per cent).

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