Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
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    <h1 class="cat-box-title">RBI May Be Either Holding Back Or Could Have Stopped Printing Rs 2,000 Notes, Says SBI Report</h1>
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                            <div align="justify">-Outlook<br /><br />The Reserve Bank of India (RBI) may either be holding back Rs 2,000 notes or could have stopped printing high denomination currency, says a SBI Research report.<br /><br />Juxtaposing the data presented in the Lok Sabha recently with the one provided by RBI in its Annual Report earlier, the SBI Ecoflash report said today, &quot;we observe&quot; that the value of small denomination currency in circulation up to March 2017 was Rs 3,501 billion.<br /><br />This implies that the value of high denomination notes was equivalent to Rs. 13,324 billion as on December 8, after netting out the small denomination notes from the currency in circulation on that day, it said.<br /><br />The report further said that as per the Ministry of Finance in the Lok Sabha recently, the RBI has printed 16,957 million pieces of Rs 500 notes and 3,654 million pieces of Rs 2,000 notes as on December 8. The total value of such notes translates into Rs 15,787 billion.<br /><br />&quot;This means that the residual amount of high currency notes (Rs 15,787 billion &ndash; Rs 13,324 billion) of Rs 2,463 billion may have been printed by the RBI but not supplied in the market,&quot; said the report authored Soumya Kanti Ghosh, group chief economic adviser, SBI.<br /><br />Interestingly, the report added, &quot;it is safe to assume&quot; that Rs 2,463 billion may be on the lower side as the RBI must have printed notes of small denomination in the interregnum (Rs 50 and Rs 200).<br /><br />&quot;As a logical corollary, as 2000 denomination currency led to challenges in transactions, it thus indeed seems that RBI may have either consciously stopped printing the 2000 denomination notes/or printing in smaller numbers after initially it was printed in ample amount to normalise the liquidity situation,&quot; said Ecoflash.<br /><br />Please <a href="https://www.outlookindia.com/website/story/rbi-may-be-either-holding-back-or-could-have-stopped-printing-rs-2000-notes-says/305785" title="https://www.outlookindia.com/website/story/rbi-may-be-either-holding-back-or-could-have-stopped-printing-rs-2000-notes-says/305785">click here</a> to read more.</div><div align="justify">&nbsp;</div>                                                           
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    <br><a href="https://www.outlookindia.com/website/story/rbi-may-be-either-holding-back-or-could-have-stopped-printing-rs-2000-notes-says/305785" class="re" target="_blank">Outlook, 20 December, 2017, https://www.outlookindia.com/website/story/rbi-may-be-either-holding-back-or-could-have-stopped-printing-rs-2000-notes-says/305785</a><div class="clear"></div>
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    <h1 class="cat-box-title">RBI May Be Either Holding Back Or Could Have Stopped Printing Rs 2,000 Notes, Says SBI Report</h1>
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                            <div align="justify">-Outlook<br /><br />The Reserve Bank of India (RBI) may either be holding back Rs 2,000 notes or could have stopped printing high denomination currency, says a SBI Research report.<br /><br />Juxtaposing the data presented in the Lok Sabha recently with the one provided by RBI in its Annual Report earlier, the SBI Ecoflash report said today, &quot;we observe&quot; that the value of small denomination currency in circulation up to March 2017 was Rs 3,501 billion.<br /><br />This implies that the value of high denomination notes was equivalent to Rs. 13,324 billion as on December 8, after netting out the small denomination notes from the currency in circulation on that day, it said.<br /><br />The report further said that as per the Ministry of Finance in the Lok Sabha recently, the RBI has printed 16,957 million pieces of Rs 500 notes and 3,654 million pieces of Rs 2,000 notes as on December 8. The total value of such notes translates into Rs 15,787 billion.<br /><br />&quot;This means that the residual amount of high currency notes (Rs 15,787 billion &ndash; Rs 13,324 billion) of Rs 2,463 billion may have been printed by the RBI but not supplied in the market,&quot; said the report authored Soumya Kanti Ghosh, group chief economic adviser, SBI.<br /><br />Interestingly, the report added, &quot;it is safe to assume&quot; that Rs 2,463 billion may be on the lower side as the RBI must have printed notes of small denomination in the interregnum (Rs 50 and Rs 200).<br /><br />&quot;As a logical corollary, as 2000 denomination currency led to challenges in transactions, it thus indeed seems that RBI may have either consciously stopped printing the 2000 denomination notes/or printing in smaller numbers after initially it was printed in ample amount to normalise the liquidity situation,&quot; said Ecoflash.<br /><br />Please <a href="https://www.outlookindia.com/website/story/rbi-may-be-either-holding-back-or-could-have-stopped-printing-rs-2000-notes-says/305785" title="https://www.outlookindia.com/website/story/rbi-may-be-either-holding-back-or-could-have-stopped-printing-rs-2000-notes-says/305785">click here</a> to read more.</div><div align="justify">&nbsp;</div>                                                           
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    <h1 class="cat-box-title">RBI May Be Either Holding Back Or Could Have Stopped Printing Rs 2,000 Notes, Says SBI Report</h1>
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                            <div align="justify">-Outlook<br /><br />The Reserve Bank of India (RBI) may either be holding back Rs 2,000 notes or could have stopped printing high denomination currency, says a SBI Research report.<br /><br />Juxtaposing the data presented in the Lok Sabha recently with the one provided by RBI in its Annual Report earlier, the SBI Ecoflash report said today, &quot;we observe&quot; that the value of small denomination currency in circulation up to March 2017 was Rs 3,501 billion.<br /><br />This implies that the value of high denomination notes was equivalent to Rs. 13,324 billion as on December 8, after netting out the small denomination notes from the currency in circulation on that day, it said.<br /><br />The report further said that as per the Ministry of Finance in the Lok Sabha recently, the RBI has printed 16,957 million pieces of Rs 500 notes and 3,654 million pieces of Rs 2,000 notes as on December 8. The total value of such notes translates into Rs 15,787 billion.<br /><br />&quot;This means that the residual amount of high currency notes (Rs 15,787 billion &ndash; Rs 13,324 billion) of Rs 2,463 billion may have been printed by the RBI but not supplied in the market,&quot; said the report authored Soumya Kanti Ghosh, group chief economic adviser, SBI.<br /><br />Interestingly, the report added, &quot;it is safe to assume&quot; that Rs 2,463 billion may be on the lower side as the RBI must have printed notes of small denomination in the interregnum (Rs 50 and Rs 200).<br /><br />&quot;As a logical corollary, as 2000 denomination currency led to challenges in transactions, it thus indeed seems that RBI may have either consciously stopped printing the 2000 denomination notes/or printing in smaller numbers after initially it was printed in ample amount to normalise the liquidity situation,&quot; said Ecoflash.<br /><br />Please <a href="https://www.outlookindia.com/website/story/rbi-may-be-either-holding-back-or-could-have-stopped-printing-rs-2000-notes-says/305785" title="https://www.outlookindia.com/website/story/rbi-may-be-either-holding-back-or-could-have-stopped-printing-rs-2000-notes-says/305785">click here</a> to read more.</div><div align="justify">&nbsp;</div>                                                           
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RBI May Be Either Holding Back Or Could Have Stopped Printing Rs 2,000 Notes, Says SBI Report

Published on Dec 21, 2017   Modified on Dec 21, 2017

-Outlook The Reserve Bank of India (RBI) may either be holding back Rs 2,000 notes or could have stopped printing high denomination currency, says a SBI Research report. Juxtaposing the data presented in the Lok Sabha recently with the one provided by RBI in its Annual Report earlier, the SBI Ecoflash report said today, "we observe" that the value of small denomination currency in circulation up to March 2017 was Rs 3,501 billion. This implies that the value of high denomination notes was equivalent to Rs. 13,324 billion as on December 8, after netting out the small denomination notes from the currency in circulation on that day, it said. The report further said that as per the Ministry of Finance in the Lok Sabha recently, the RBI has printed 16,957 million pieces of Rs 500 notes and 3,654 million pieces of Rs 2,000 notes as on December 8. The total value of such notes translates into Rs 15,787 billion. "This means that the residual amount of high currency notes (Rs 15,787 billion – Rs 13,324 billion) of Rs 2,463 billion may have been printed by the RBI but not supplied in the market," said the report authored Soumya Kanti Ghosh, group chief economic adviser, SBI. Interestingly, the report added, "it is safe to assume" that Rs 2,463 billion may be on the lower side as the RBI must have printed notes of small denomination in the interregnum (Rs 50 and Rs 200). "As a logical corollary, as 2000 denomination currency led to challenges in transactions, it thus indeed seems that RBI may have either consciously stopped printing the 2000 denomination notes/or printing in smaller numbers after initially it was printed in ample amount to normalise the liquidity situation," said Ecoflash. Please click here to read more.

Outlook, 20 December, 2017, https://www.outlookindia.com/website/story/rbi-may-be-either-holding-back-or-could-have-stopped-printing-rs-2000-notes-says/305785

Tagged with: Rs. 2000 Reserve Bank of India (RBI)

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