RESERVE BANK OF India (RBI) governor Shaktikanta Das on Monday ruled out the re-introduction of currency notes with a denomination of ₹1,000.
Addressing the media for the first time after the central bank announced last Friday it was withdrawing ₹2,000 notes from circulation while not taking away their status as legal tender, Das said there was enough quantity of printed notes in the system.
The governor expects most of ₹2,000 notes to come back to the exchequer by September 30. "We have more than adequate quantities of printed notes already available in the system, not just with RBI but with currency chests operated by banks. There is no reason for worry. We have sufficient stocks, no need to worry," Das said.
Bu hikaye Financial Express Mumbai dergisinin May 23, 2023 sayısından alınmıştır.
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Bu hikaye Financial Express Mumbai dergisinin May 23, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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