<Tr> <Th> Design </Th> <Td> Economy of India </Td> </Tr> <Tr> <Th> Design date </Th> <Td> 2000 </Td> </Tr> <P> The Indian 1000 - rupee banknote (₹ 1000) was a denomination of the Indian rupee . It was first introduced by the Reserve Bank of India in 1938 under British rule and subsequently demonetized in 1946 . Post-independence, the denomination was re-introduced in 1954 . In January 1978, all high - denomination banknotes of ₹ 1000, ₹ 5000, and ₹ 10,000 were demonetized in order to curb unaccounted cash money . </P> <P> In order to contain the volume of banknotes in circulation due to inflation, the ₹ 1000 banknote was again re-introduced in November 2000, as a part of the Mahatma Gandhi Series of banknotes; these were demonetized on 8 November 2016 by the Prime Minister of India Narendra Modi, with the claimed reasons of preventing the issue of counterfeit currency and to fight corruption and black money in India . </P>

When was 1000 rs note introduced in india