It is a good news for the people as the RBI has decided to issue Rs 200 notes. The central bank in March has cleared a proposal to introduce Rs 200 notes to plug the paucity of lower denominations. RBI is against circulating proposed new Rs 200 banknotes through ATMs, but the said notes will be available from the banks, similar to the way Rs 50 and Rs 10 notes are circulated. It is learned that as soon as the software for Rs 200 notes is updated, one could find the notes from ATM.
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