1000 Rupee Note: 1000 rupee note will be introduced again. After the withdrawal of 2000 rupees notes, there was speculation that 1000 rupees notes were going to come. It is reported that the Reserve Bank of India can make this fantasy a reality after so long. It is said that the 1000 rupee notes will not be re-introduced. The central bank RBI may give news about this very soon.
Note: Everyone knows that Prime Minister Narendra Modi took a final decision to demonetize 500 and 1000 rupee notes on November 8, 2016. I said that the government’s decision is aimed at curbing corruption and black money terrorism. Then after bringing a note of 2000 rupees, this note was removed again. Now it is envisioned that the old Rs 1000 note may be introduced again for the country.
500 and 1000 notes after demonetisation. As soon as possible they introduced 2000 rupee notes to meet the need of fast moving monetary currency. Governor Shaktikanta Das said this. That need has been met for a long time. So withdrawn. But there is no requirement to re-introduce Rs 1000 notes after withdrawal of Rs 2000 notes
The central bank had given four months time to switch the notes to banks as the RBI had announced on May 19 to scrap the Rs 2,000 notes. The deadline was fixed till September 30 but was later extended till October 7.
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