RBI wants to have more 100 & 200 Rs notes from ATMs

2 questions -

  1. Is there a chance of removing 500 rs notes slowly frm circulation over d yrs

  2. as 100-200 rs mostly replaced by UPI, wil thr be nominal charge for UPI

Govt n RBI looks like are promoting digital currency more

hopefully they would give time to exchange the notes with the bank.