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New Rs. 1000 notes soon!
After Prime Minister Narendra Modi brought down Rs. 500 and Rs. 1000 notes, public in large number showed their reluctance towards Rs. 2000 note, as exchanging it with the lower denomination would be tough.
Even the new Rs. 500 notes did not solve the problem and the necessity of providing more Rs. 100 notes have turned inevitable. Left with no option, the Centre is now planning to launch new Rs. 1000 notes. Reserve Bank Of India (RBI) is very soon likely to take a decision on this. It is learnt that by introducing new Rs 1000, the RBI will be trying to put a check on the existing problems arisen after the note bans.
If the Rs. 1000 notes come into implementation, then it would be easier to exchange the Rs. 2000 notes. Otherwise, other than bringing down Rs. 2000 note, the government will have no option to move forward.
