Off late, there has been a lot of chaos over shortage of notes in banks. Yes, people are standing in long queues for exchanging currency, but unfortunately, they are just getting Rs 2000 notes in return. Now, this was posing a great problem for many people as they couldn’t shop anything, due to lack of change. Everyone was waiting for the newly introduced Rs 500 notes and finally there is some relief.Yes, the 1st lot of 5 million Rs 500 notes had been dispatched to the RBI by the Currency Note Press in Nashik today. Many people have already obtained these notes; so if you aren’t aware about this, you must immediately rush to the bank.
Yes, this first lot was already dispatched by the press yesterday; now the 2nd lot would be dispatched by the 16th of November i.e. Wednesday.
Moreover, there are also reports by sources that already Rs 2000 and Rs 500 units are printed at RBI’s 2 printing units in Salboni and Mysore.
RBI has given CNP a target of getting 400 million pieces of new Rs 500 notes by this financial year end.Moreover, the press also says that it is also printing Rs 20, Rs 50 and Rs 100 notes in bulk so as to meet the needs of people.