Economic impact of Rs 2,000 note withdrawal very marginal: RBI governor

In his first public comment after the central bank announced withdrawal of Rs 2,000 notes on Friday, Reserve Bank of India (RBI) governor Shaktikanta Das on Monday said its impact on the economy will be “very marginal” because it constitutes only 10.8 per cent of the currency in circulation.

“Rs 2,000 notes are not commonly used in any transaction. We have done some informal surveys in various locations of India and found that it…