Rs 1,000 notes will be back in market soon, printing underway


1000The Reserve Bank is all set to launch the new Rs 1,000 note. The launch of the new series Rs 1,000 note scheduled for January 2017 was delayed due to a pressing need to put in circulation the Rs 500 notes.

Printing of the new Rs 1,000 notes have already begun and the RBI expects to put the same into circulation in another month’s time. The introduction of the new Rs 1,000 note is expected to reduce the burden on the people who have been scrambling for change since the higher denomination Rs 2,000 notes were introduced.

Read more 

Advertisements

Post your thoughts

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s