Good news..Rs 1000 note is coming back!

New Delhi: The RBI and the government have made plans to launch a new set of Rs 1,000 notes soon to replace the old note of similar denomination that was withdrawn from legal cash transaction after the November 8 demonetisation announcement.

The RBI has already started production of the new Rs 1,000 note. According to an official, earlier the plan was to introduce the new Rs 1,000 note in January but “The plan has been delayed due to the pressing need to supply Rs 500 notes”.