There is a shortage of cash in the country after the ban was imposed, now it has become a common matter. In the past one month, many times it has been heard that there is a shortage of cash, but the central government and the RBI have always rejected the lack of cash in the country. According to the RBI, the supply of notes in the system is correct and has increased the printing of the notes also. However, about 2000 rupees note was said that printing of notes has been stopped at this time. Now a new problem has come to the public. Repeal can be done again. However, no notes will be closed at this time. Indeed, now a 100 rupee old note and a big note can cause a hazard.
Will the notes of 100 rupees be sold?
The bank says that the number and supply of new notes of 100 rupees are both low. As of 200 and 2000 rupees, the supply of 100 rupee notes is less. According to the Times of India news, the maximum notes of Rs 100 have become obsolete and are not eligible for the ATM. Some of these notes are before 2005.
The bank has put the bank in front of RBI
Bank has given this problem to the country's highest bank, the Reserve Bank of India. He said that RBI should give immediate attention to this problem and order should be given. The bank believes that if a new 100 rupee note is not coming in the market then the pressure on the 500 rupees notes will increase and people will deposit 500 notes.
The supply of 100 rupee notes is not enough
According to the bank, at the time of the note, the RBI increased the supply of 100 rupees notes. Earlier, in the year 2016-17, there were 550 crore rupees in 100 rupees and RBI raised it to 573.8 crore. But this is not enough. Since 2000 notes of 100 rupees, the notes of 100 have been used more in the form of a license. Because the note of 500 rupees was reduced during the note-time. The RBI believes that the supply of 44 million pieces has been reduced compared to the demand for 2015-16. All these pieces were of 100 rupees. Fresh statistics have not yet come out.