• Thursday, April 25, 2024

Business

RBI to increase supply of Rs 200 banknotes

By: Eastern Eye Staff

In a press release, RBI stated, “The production of Rs 200 notes is being ramped up by the currency printing presses, and over time as more notes are printed, it will be distributed across the country through the banking channels and will be available for public in adequate quantity”.  At present, Rs 200 notes are being available only through select RBI offices and banks. However, RBI still has not made it clear when will these notes will be dispensed from ATMs.  The Reserve Bank of India will soon increase the supply of newly introduced Rs 200 banknotes. The Central Bank issued the Rs 200 notes with a view to deal with…

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