Rs 1,000 note to be back with new security features: Shaktikanta Das

Currency notes of Rs 1,000 will be reintroduced in next few months with a new dimension, design and security features, Economic Affairs Secretary Shaktikanta Das said on Thursday according to media reports. 

Das added that all denomination of notes will be reintroduced with new design and new features in the coming months. 

As reported by Business Standard, 24 hours after Prime Minister Narendra Modi announced the demonetisation of Rs 500 and Rs 1,000 notes, a government source said once the issue size of Rs 2,000 has stabilised with the banking system, the Rs 1,000 currency note, too, will make a re-appearance.

 

The source, however, refused to discuss the details of the note, saying it would be like the new notes, slightly smaller than the original Rs 1,000 note - that is no more a legal tender.