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Media Brief by RBI Governor Urjit Patel Over Demonitising 500 & 1000 Rs Notes

RBI Governor, Urjit Patel has briefed the media over demonitising Rs 500 and Rs a thousand notes. Urjit Patel stated that there can be many targets attained with demonitisation of high denomination notes and he defined that, these motives led them to take this decision towards those notes. Patel further stated that the brand new excessive denominations notes are under manufacturing and they will be delivered into utilization, as soon as sufficient foreign money is printed. Watch the video to listen to RBI Governor’s press meet on banning Rs 500 and Rs a thousand notes.

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