RBI To Withdraw Rs 2000 Note? Everything You Should Now About It

Various forms of bringing in the fake currency have stormed the public markets. Soon after the historic decision on demonetization, a number of people’s hands were under shackles due the illegal activities in fake currency notes production and circulation.

rbi new notes

In addition to this issue, Govt has launched various new kinds of currency notes like Rs 1 and Rs 200. These two notes left Indians stunned, moreover, Re 1 is simply re-launched and Rs 200’s main objective was to simplify the user’s efforts in proceeding with further transactions.

As of now, both Rs 50 notes and Rs 200 notes are in the market and people already laid their hands on them. Following the surprising launch of Rs 200 notes, pictures of new notes are going viral on the Internet. A mini-gallery of pics constituting four peculiar notes is making netizens go nuts.

rs 2000 vs rs 200 note

Now that after a while, there is a talk that has been dropping some confusing thoughts on people. With the introduction of Rs 200 notes, many are now assuming that the govt might take down its Rs 2000 notes. This notion was concreted with RBI’s announcement about stopping the printing of Rs. 2000 notes and are shifting the entire focus on printing the new Rs. 200 note.

It has been quite challenging for people of India to tackle through this demonetization and now that a little stability has been regained, the Reserve Bank of India is hinting on withdrawal of the Rs. 2000 note.

2000 notes terminated

However, coming to the facts, since the release of the new Rs. 2000 note by RBI, the public has been facing lots of challenges. Although the circulation of the new currency has been carried out successfully still, it is quite challenging to find the change for Rs. 2000 note.

Share your opinions in the comments section below.

Related Article: RBI Wants To Circulate New Rs 200 Notes Through Banks, Not ATMs

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