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Printing of Rs 2,000 notes over, Rs 200 notes to be introduced soon

By Team Pardaphash 
Updated Date

New Delhi: According to the information given through the sources, the Reserve Bank of India stopped printing 2,000-rupee notes about five months ago and now it is likely to introduce Rs 200 notes in the market.

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The central bank is also unlikely to print more 2000-rupee notes in the current financial year, they said on condition of anonymity.

The government brought in the 2000-rupee note to quickly tide over a cash crunch from demonetisation, but fewer lower-value currency in circulation meant people struggled to change the big denomination bill.

The RBI’s focus now on printing small bills is aimed at bridging that gap.

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