The new guidelines define the liabilities of both the customers and prepaid instrument (PPI) players related to unauthorized transactions.
The introduction of ₹2,000 note may be one of the reasons for more money in circulation.
Unocoin says that the ATM has nothing to do with India’s banking system, so, there is no question of violating RBI norms.
The dimensions of the new ₹100 banknote will be 142 millimeters in length and 66 millimeters in width.
According to the Reserve Bank of India (RBI), there were 1,716.5 crore pieces of ₹500 notes and 6585.8 crore pieces of ₹1,000 notes in