‘No decision to stop printing ₹2,000 notes’

September 19, 2020 11:30 pm | Updated September 20, 2020 12:23 am IST - New Delhi

Indian new 2000 and 500 Rs Currency Note in isolated white background

Indian new 2000 and 500 Rs Currency Note in isolated white background

The Finance Ministry on Saturday informed the Lok Sabha that no decision had been taken to discontinue the printing of ₹2,000 denomination currency notes.

In a written reply, Minister of State for Finance Anurag Thakur said printing of bank notes of a particular denomination was decided by the government in consultation with the RBI to maintain desired denomination mix for facilitating transactional demand of public.

During the year 2019-20 and 2020-21, no indent was placed with the presses for printing of ₹2,000 denomination notes.

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