New 1 Rupee Notes in Pink and Green Colour will soon be introduced by the Reserve Bank of India (RBI).

“These currency notes are legal tender as provided in The Coinage Act 2011. The existing currency notes in this denomination in circulation will also continue to be legal tender” a release by the RBI said.

These new notes will bear signature of Shaktikanta Das, Secretary in the Ministry of Finance.

On the reverse side of the note, the year '2017' is mentioned while there is also representation of a One Rupee coin with rupee symbol having floral design and the surrounding consists of the picture of the oil exploration platform 'Sagar Samrat'.