RBI Governor Clarifies: No Plans to Reintroduce ₹1000 Notes

In response to queries regarding the potential reintroduction of ₹1000 notes, Reserve Bank of India (RBI) Governor Shaktikanta Das has clarified that there are no plans to reintroduce these notes.

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Governor Das emphasized that the government does not currently have any such plans nor is it considering them.

Following the demonetization move in November 2016, the use of ₹500 and ₹1000 notes was discontinued. Reports suggest that the printing of ₹2000 notes was halted during the 2018-2019 period.

With the recent announcement of the withdrawal of the ₹2000 note from circulation, questions arose about the possibility of the ₹1000 note making a comeback.

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However, Governor Das’ statement provides clarity that there are no intentions to reintroduce the ₹1000 note at this time.

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