100 Rupees of 1977 of M Narasimham Note

The 100 Rupees note of 1977 featuring the signature of M. Narasimham, Governor of the Reserve Bank of India, is a historically significant collectible from the Republic era (1950-date). The note measures 73 x 158 mm and is rectangular, made from paper, and has been demonetized.

Front (Obverse) Details:

• The right side prominently displays the Indian national emblem (India’s seal).
• The left side has the inscription “ONE HUNDRED RUPEES.”
• The numeral “100” is large and centered, emphasizing the denomination.
• The text includes “RESERVE BANK OF INDIA,” “GUARANTEED BY THE CENTRAL GOVERNMENT,” and “I PROMISE TO PAY THE BEARER ON DEMAND THE SUM OF ONE HUNDRED RUPEES.”
• The word “GOVERNOR” and M. Narasimham’s signature are also present.

Back (Reverse) Details:

• The center of the reverse side features the image of a dam, symbolizing India’s progress and development.
• The Reverse Bank of India seal is placed just under the dam image.
• The text on the reverse includes “ONE HUNDRED RUPEES” and “REVERSE BANK INDIA.”

Historical Context:

• Issued between 1970 and 1982, during M. Narasimham’s tenure as RBI Governor (May to November 1977).
• The note represents India’s financial stability and economic progress during that period.
• It is part of the decimalized Indian rupee currency series introduced in 1957.

Collector’s Information:

• Although demonetized, the note is sought after by collectors for its historical value and design.
• This note is a tangible piece of India’s monetary history, ideal for numismatics collectors and enthusiasts.