2 ms·
The very same bank which did the demonetization of 500 & 1000 rupee notes [1] which failed spectacularly causing considerable 'macro-economic' instability. Th
by i67vw3 4y ago
The very same bank which did the
demonetization of 500 & 1000 rupee notes [1] which failed spectacularly causing considerable 'macro-economic' instability.
The central bank brought new 500 & 2000 rupee notes after demonetization but now they completely removed the overall circulation of 2000 rupee note [2][3].
The whole thing came 'full circle'.
[1]: https://en.m.wikipedia.org/wiki/2016_Indian_banknote_demonetisation https://en.m.wikipedia.org/wiki/2016_Indian_banknote_demonet...
[2]: https://www.timesnownews.com/explainer/where-did-rs-2000-notes-go-rbi-reports-continuous-decline-article-91854905 https://www.timesnownews.com/explainer/where-did-rs-2000-not...
[3]: https://www.thehindu.com/news/national/phase-out-2000-rupee-notes-bjp-mp-sushil-kumar-modi-demands-in-rajya-sabha/article66254127.ece https://www.thehindu.com/news/national/phase-out-2000-rupee-...