x

No negative impact of Rs. 2,000 notes' withdrawal: RBI governor

Shortpedia

Content Team
Image Credit: shortpedia

The withdrawal of Rs. 2,000 currency notes that the Reserve Bank of India (RBI) announced last month will have no negative impact on the economy, RBI Governor Shaktikanta Das said on Monday. However, he underlined that the Indian economy would have to deal with "two or three challenges," including international uncertainty and the El Nino forecast, apart from weather-related events.