Design For New Rs 500 & Rs 2000 Notes Was Approved During Raghuram Rajan's Tenure

Mumbai: The design of new banknotes of Rs 500 and Rs 2000 denominations was approved at the May 19, 2016 meeting of the Central Board of RBI, an RTI query has revealed. In his application, city-based activist Jeetendra Ghadge had sought the exact date of the approval of the design of new bills. "The new design of the bank notes was approved by the Central Board of Reserve Bank of India in its meeting held on May 19, 2016," the Centr...