The Rs 2,000 note, which has been withdrawn, was not supposed to be there in the first place, said a former Reserve Bank of India (RBI) official, who was part of the team responsible for the latest series of Indian currency notes launched after demonetisation.
“It was a transitory kind of note to fill in the value which was lost in demonetisation,” said Sudhakar Kaza, former managing director of Bharatiya Reserve Bank Note Mudran Private Ltd, the division of RBI which prints banknotes.
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