Currency denomination policy: Finance Ministry rules out reintroduction of high-value note amid new lower-denomination issuance.
The Finance Ministry affirmed there is no proposal to reintroduce 1,000 rupee notes, addressing reports to the contrary after issuance of a new 200 rupee note. The statement, communicated by the Economic Affairs Secretary, reiterates the demonetisation objectives of curbing black money, counterfeiting and terror financing. The RBI's parallel guidance on denomination optimisation-favoring denomination ratios that minimise denominations and improve exact change probability, with operational steps to increase supply of the new lower-denomination notes-is noted.

Denomination specification: government approves a new mid-value banknote to ease lower-denomination shortages after demonetisation.
The central government, acting on the Reserve Bank's recommendation, has specified a two hundred rupee banknote denomination to be issued to ease pressure on lower-denomination currency and improve cash circulation; the issuance, accompanied by enhanced security features in other denominations, is presented as a measure to stabilise currency availability following the prior demonetisation that withdrew older high-value notes to combat black money, counterfeiting and terror financing.