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Cash Crunch Expected To Reduce In Three Weeks

Cash Crunch Expected To Reduce In Three Weeks

Friday, December 16, 2016, 12:09 PM

RBI says the supply of new currency notes, will improve within the next two or three weeks. RBI has pumped in more than 5 lakh crores worth of 500 and 2000 rupee notes. The Government has increased the printing of the new 500 rupee notes. This should stop citizens hoarding the new 2000 rupee notes. More than 2 Lakh ATMs have been recalibrated.
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