Breaking New Rs 1000 notes may be back in circulation by December

[Sagar]

• The government will shortly start printing new Rs 1000 notes.
• The new notes are expected to be out as early as December.
• RBI has already issued new Rs 200 and Rs 50 notes last week.

The Rs 1000 denomination notes that were banned by the Indian government on November 8, 2016 may be making a comeback by December this year with new ‘enhanced security features.’

The government will shortly start printing the new Rs 1000 notes in order to provide a smaller denomination other than the current circulated Rs 2000 notes. These notes could be out as early as December, a report by DNA said on Monday.

"The printing presses at Mysore and Salboni are getting ready to print the brand-new Rs 1,000 notes which will have enhanced security features," the report quoted sources.

New Rs 1000 notes may be back in circulation by December

 

[Sai Jai]

2K notes are easy to carry in count wise

 

[ABCDEFGH]

Good. Now we have so many variations :v
5 - 50 - 500
10 - 100 - 1000
20 - 200 - 2000

 

[M.J.Sadiq]

 

[M.J.Sadiq]

Translation:
First line: You said cashless India...
Second line: Then why the new Rs.200 note?
Third line: Oh it is brother... Cash flow... GDP.. Like this and that...
Fourth line: Don't put me in trouble brother.. Do you think we are ruling the government by knowing how to rule?


Saw these in FB..


..

 

[Sai Jai]

Good. Now we have some many variations :v
5 - 50 - 500
10 - 100 - 1000
20 - 200 - 2000

2K will be withdrawn as they already stopped printing

 

[Bapun]

The Rs 1,000-denominated currency note, which was demonetized on November 8 last year, is coming back in a new avatar with enhanced security features.

Sources told DNA Money that the government would shortly start printing the new Rs 1,000 note to bridge the yawning gap between the existing Rs 500 and Rs 2,000 notes.

DNA Exclusive: Reserve Bank of India to launch new Rs 1000 banknote by December | Latest News & Updates at Daily News & Analysis

 

[ABCDEFGH]

Already Posted :k
Breaking News - New Rs 1000 notes may be back in circulation by December

 

[Bapun]

Already Posted :k
Breaking News - New Rs 1000 notes may be back in circulation by December

Needful done.

 

[HOUSE-MD]

Rs 1000 note is coming back by December. So what was the demonetisation fuss all about?
This seems like a great waste of taxpayers’ money and patience.

Post-demonetisation, 99% of Rs 1,000 notes back with RBI?

• 
  
  
  • Data put out by the RBI suggests almost 99% of the Rs 1,000 in circulation came back into the banking system.
  • The data also shows that at the end of March 2017, there were Rs 8,925 crore worth of Rs 1,000 notes still in ‘circulation’.