200 Rupees Note Printing process is approved by RBI’s Central Board on March 2017. The process will start after June 2017. The news have been confirmed by 2 people who are aware of the whole process. They haven’t mentioned their names as they are not eligible to speak in-front of media.
The whole process was initiated to minimize the black money circulation. The present Government quite successfully executed the whole process with demonetization.
They replaced the 1000 rupee notes with 2000 ones & re-designed the 500 Rupees Note. Now again they are going to launch 200 Rupees Note in market.
Currently RBI has no limitations on withdrawing money from ATM.