Here's what quantity It prices The tally To Print New five hundred and a 2,000 Rupee Notes

Here's what quantity It prices The tally To Print New Notes

A new Rs. 500 note prices Rs. 3.09 to print, whereas the magenta 2,000 rupee note prices Rs. 3.54, the Bharatiya depository financial institution Note Mudran personal restricted (BRBNMPL), that prints currency notes, has said.



BRBNMPL, an entirely in hand subsidiary of the depository financial institution of Asian nation or tally, same in its reply to Associate in Nursing Right to info (RTI) question that it charges the financial organization Rs. 3,090 for printing one,000 notes of Rs. 500, a similar because it did for the previous Rs. five hundred note that was abolished alongwith a thousand rupee notes last month.

For the Rs. 2,000 denomination, tally shells out Rs. 3,540 for 1,000 pieces, a similar rate as that for the demonetised Rs. 1,000 note.

The financial organization on Monday same it's issuance a replacement batch of Rs. five hundred notes within the Mohandas Karamchand Gandhi (New) series with the inset letter 'R' in each the amount panels.

"In continuation of issuance of Rs. five hundred denomination banknotes in Mohandas Karamchand Gandhi (new) series that ar presently tender, a replacement batch of banknotes with inset letter 'R' in each the amount panels, bearing the signature of Dr Urjit R Patel Governor, depository financial institution of Asian nation, with the year of printing '2016' ar being issued," tally same in a very notification.

The depository financial institution conjointly same it'll shortly issue Rs. fifty denomination notes within the Mohandas Karamchand Gandhi Series-2005, with the letters 'R' and 'L' inserted each the amount panels.

"These banknotes (Rs. fifty notes with insert letter L and R) have the ascending size of numerals within the range panels; the banknotes ar just like the banknotes of Rs. fifty issued earlier in Mohandas Karamchand Gandhi Series-2005," the tally same.

Prime Minister Narendra Modi had proclaimed the ban on five hundred and a thousand rupee notes on Gregorian calendar month eight in a very move aimed toward eliminating hiding and black or exempt cash.

It done in eighty six per cent of the cash in circulation value Rs. 15.44 100000 large integer. the govt has to date replaced concerning vi 100000 large integer in new currency.