New Rs 500, Rs 2000 notes: Here are the new features
Patel said that RBI was concerned about growing menace of fake Indian currency notes which has been increasing in numbers.
Reserve Bank of India (RBI) governor Urjit Patel and Economic Affairs Secretary Shaktikanta Das, while releasing the new Rs 500 and Rs 2,000 notes, said that RBI has stepped up printing of these currencies.
"There will be no impact on the liquidity on the wholesale markets. If at all there is any, we'll make sure that its addressed," Patel said, adding, "There has been no breach of any of the security features but for public the looks of fake Indian currency note is similar to genuine."
Here are some of the features of the new Rs 500 and Rs 2,000 notes issued by RBI:
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
10:44 AM IST