Nirmala Sitharaman denied reports of giving instruction to banks to stop putting Rs 2,000 notes in ATM
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Nirmala Sitharaman denied reports of giving instruction to banks to stop putting Rs 2,000 notes in ATM. Earlier reports surfaced that the banks were slowly removing the 2,000 notes from circulation and replacing these with Rs 500 note-currency. The liquidity shock which the market had suffered, however, took two quarters to subside. The finance ministry also released new notes of Rs 500 denomination notes.
