Government plans to re-introduce Rs 1000 notes

New Delhi: The government is planning to bring back note of similar denomination in a new avatar soon. Reports suggest that printing of new Rs…

New Delhi: The government is planning to bring back note of similar denomination in a new avatar soon.

Reports suggest that printing of new Rs 1,000 note has already begun and it may be introduced soon.

According to Indian Express, the Reserve Bank of India (RBI) had planned to launch the new note in January but it was delayed as the central bank was pre-occupied with pressing need to supply Rs 500 notes.

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