1000 Rupee note will be issued again, RBI gave this instruction
RBI Latest Update: On 19 May 2023, the Reserve Bank of India had discontinued the 2 thousand rupee note. So far, the Reserve Bank of India has sent about 98 percent of the notes back to the banks. People still have only Rs 7409 crore worth of notes withdrawn from circulation. Let us tell you that before the two thousand note in November 2016, bank notes of Rs 1000 and Rs 500 were taken out of circulation. Now there is a discussion about the introduction of 1 thousand rupees note again.
RBI Latest Update: The Reserve Bank of India discontinued the 500 and 1000 rupee notes and issued a 2000 rupee note. This too was later discontinued.
Now the biggest note is only 500. In such a situation, it has become common among the people that the 1000 rupee note will be returned soon. RBI (RBI Latest News) has also given its opinion on this. More information will be found in this news.
RBI has clarified this-
The Reserve Bank of India has already said that so far only about 98 percent of the 2000 rupee notes have come back to the RBI. RBI has still not found such notes worth Rs 7500 thousand crores.
Whereas the Reserve Bank had also issued instructions by fixing the date for depositing. After this update from RBI, a debate started on social media about the 1000 rupee note (1000 rupees update news) that this note can come back in the market again.
RBI has not made any plan for this.
The Reserve Bank of India (RBI) has clarified its policy, ending the debates going on on social media. RBI said that there is no plan to bring back the 1000 rupee note.
RBI has also posted on X in this regard. After this, such debates have stopped somewhat. People are also very confused about 100 and 500 rupee notes.
Now cash will not be a problem
The Reserve Bank of India (RBI) says that the era of digital payments has arrived. In such a situation, there is minimal need for money. In this situation, printing more notes is also not necessary.
The need for big notes has also reduced because most people make online payments instead of keeping big notes in their pockets. But RBI (RBI News) has printed 500 rupee notes in the required quantity.
There is no need to print notes
RBI said that in this era of digital payments, there is no need to introduce a 1000 rupee note. Avoid such rumours; they only make people think that RBI is not considering the revival of 1000 rupee notes.
In 2016, the central government demonetised old 1000 rupee and 500 rupee notes. New 500 and 2000 rupee notes were issued after this. The 2000 rupee note is also now demonetised.
Where to exchange Rs 2000 notes?
RBI has also discontinued the 2000 rupee note (RBI update on 500 note). The deadline for depositing and exchanging it in banks has expired long ago. However, RBI has allowed anyone to keep these notes.
It can be deposited or exchanged only in the offices of RBI (2000 note). RBI has 19 regional offices across the country. You can go there to deposit or exchange 2000 notes. This note cannot be deposited in banks now.