The RBI, however, said there may be shortages in "some pockets" largely due to logistical reason.
"It is clarified at the outset that there is sufficient cash in the RBI vaults and currency chests. Nevertheless, printing of the notes has been ramped up in all the four note presses," it said in a statement.
The RBI said shortage "may be felt" in some pockets largely due to logistical issues of replenishing ATMs frequently and the recalibration of ATMs being still underway.
Further, as a matter of abundant precaution, RBI said it is also taking steps to move currency to areas that are witnessing unusually large cash withdrawals.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)