4 November 2016

Reserve Bank of India to issue Rs 2,000 notes soon in India

The RBI will be issuing Rs.2,000 denomination notes shortly according to sources. The Rs.2,000 denomination notes printing has been completed at the Mysuru currency printing facility. The notes are being despatched according to Business Line citing sources. However, it added that neither the government nor the Central Bank confirmed the development. Currency notes and coins are printed/minted by the government of India on the advice of the Reserve Bank of India, which also estimates the denomination-wise currency needs, and co-ordinates with the government on design and security aspects.