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Demonetisation: RBI subsidiary started printing Rs 2000 note in August 2016

Indore: Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), an RBI subsidiary, started printing the Rs 2000 notes two and a half months before the November 8 demonetisation.

“A reply from BRBNMPL to my query under the Right To Information Act said the printing of Rs 2000 notes began on August 22, 2016, while printing of the new Rs 500 notes began on November 23, 2016,” said Chandrashekhar Gaud, resident of Neemuch district of Madhya Pradesh.

BRBNMPL stopped printing the old Rs 500 note on October 27 while the printing of the Rs 1,000 note ceased earlier, on July 28 last year, the reply said.

PTI