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Not thinking of withdrawing 500 notes or reintroducing 1000 notes RBI

Admin - one year ago
India
Reserve Bank of India (RBI) Governor Shaktikanta Das has said that the central bank is not thinking of withdrawing ₹500 notes or reintroducing ₹1,000 notes. Das requested public not to speculate. He further said that around 50% of ₹2,000 currency notes in circulation as of March 31 have returned to the banking system.
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