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The Reserve Bank of India (RBI) on Monday dismissed claims of the reintroduction of 1,000 rupee notes and said there is no proposal to bring back such currency notes, yet.
In a surprise move, the RBI on Friday announced the withdrawal of Rs 2,000 currency notes from circulation, but gave public time till September 30 to either deposit such notes in accounts or exchange them at banks.
In today's edition: From RBI's decision to withdraw Rs 2,000 notes for circulation, to why bombs are easy to make in West Bengal, we bring to you top five stories.
The Congress, Nationalist Congress Party and Shiv Sena (UBT) had questioned the logic behind the decision to withdraw Rs 2,000 denomination banknotes from circulation.
According to Gandhi, who handled RBI's currency management department, the introduction of the Rs 2,000 note in 2016 was a 'short-term tactical decision' to quickly remonetise the economy post-demonetisation