ADVERTISEMENT

RBI To Issue Rs 200 Notes In Coming Months: Report

Last year in November, the government had demonetised the old 500 and 1,000 rupee notes.
Last year in November, the government had demonetised the old 500 and 1,000 rupee notes.
New Delhi: The Reserve Bank is expected to introduce Rs 200 notes in the coming months to ease pressure on lower-denomination currencies that are in short supply. The new notes of Rs 200 should be out before the end of 2017 and will greatly help in narrowing the demand and supply gap in smaller-denomination currency bills, sources said. They also said that there is no immediate plan to re-introduce Rs 1,000 notes. Last year in Nov...
Register for Free
to continue reading
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit