The infusion of Rs 500 has now started, but the preference still seems to for Rs 2,000 notes both in ATMs and banks. The infusion of Rs 500 has now started, but the preference still seems to for Rs 2,000 notes both in ATMs and banks. Demonetisation has sucked out massive amounts of liquidity from the system in terms of old currency notes of Rs 500 and Rs 1,000 denomination. While people have been able to get their hands on the new pink Rs 2,000 note, the coveted new dollar-lookalike Rs 500 notes is still to reach the hands of most of the people. The Rs 2,000 notes are printed at the Mysuru press, while the Rs 500 notes are being pushed out from the Nashik and Devas press.

Source: Indian Express November 28, 2016 09:14 UTC