Everything You Want To Know About: New RS 2000 Currency
This was supposed to be one of the biggest news for banking sector, financial institutions and the common man – because it involved India’s largest currency denomination, Rs 2000. Way back in 1938, and then again in 1954, then Governments introduced currency denomination of Rs 10,000 which was later put out of circulation in 1946 and 1978 respectively. If we leave aside Rs 10,000 currency, then Rs 2000 would be the largest denomination in the history of India. Soon after reports emerged that Rs 2000 currency notes would be introduced by RBI, another set of rumors emerged that these notes would be embedded with nano-GPS chips which can be traced all over the world. Is this news hoax? We will try to find out the truth.. Rs 2000 Currency Notes In India – Facts and Fiction The Hindu published the first available report of Rs 2000 currency being printed, and about to be launched by RBI. As per their report, currency printing press in Mysuru has already printed the first lot,...