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Rs. 2000 notes: RBI stops printing 2000 note, ordered to start process of printing Rs. 200 note
Posted on: 26-07-2017 , 12:42:PM | DY365 Bureau

 Picture Courtesy: Scroll.in

 July 26, 2017: As per report, The Reserve Bank of India has stopped printing the Rs. 2000 currency notes and will not be bringing new notes of that denomination in the current financial year.


The RBI had also ordered and speeds up the process of printing the Rs. 200 currency notes. The new notes are expected to start circulating by the next month.


The RBI has reportedly already started printing the first batch of Rs. 200 note in June to ensure easy currency availability in the country.


The new notes of Rs. 200 should be out before the end of 2017 and would greatly help narrow the demand-supply gap in smaller-denomination currency bills.   


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