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21/12/2017

Break two thousand notes...

Mumbai, December 21, (way2newstv.in):After canceling large banknotes, the Reserve Bank of India will stop printing up to Rs. The latest report by the public sector banking giant SBI is a signal to this question. It is clear that the cancellation of Rs. 2000,000 notes or the printing of the note is something to do. SBI EcoFlash has released the report on the annual report submitted by the RBI in the Lok Sabha. The report noted that RBI had raised the issue of small denomination currency notes until March 2017. It is estimated to be around Rs 3,501 billion. Large denomination notes worth Rs 13,324 billion, as of December 8, were printed at Rs. 15,787 billion, while SBI Group's chief economic adviser Soumya Light Ghose said the RBI had printed 2,463 billion dollar notes. At present, small currency notes in circulation in the market have received 35 percent mark, and therefore a large demagnation reported that currency printing could be stopped. The RBI has also recalled the Rs 200 note in the market.

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