RBI outlook to Parliament panel: Malhotra says economy strong; Rs...

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RBI outlook to Parliament panel: Malhotra says economy strong; Rs 2,000 notes still legal but out of circulation

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RBI Governor Sanjay Malhotra briefed the Parliamentary Committee on Finance, highlighting the Indian economy's resilience amidst global challenges. He addressed concerns about the status of Rs 2,000 notes, clarifying they remain legal tender despite being out of circulation. The committee also discussed counterfeit currency and cryptocurrency regulations, with the RBI emphasizing its commitment to curbing illicit financial activities.

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