Government may reintroduce new and improved Rs 1,000 note

Not just Rs 500 and Rs 2,000, the government will soon reintroduce the Rs 1,000 note back in the market, but with far more evolved security features.

Twenty four hours after Prime Minister Narendra Modi announced the demonetisation of the two high-value 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