New deadline for exchange of Rs 2000 notes announced
1 year, 2 months ago

New deadline for exchange of Rs 2000 notes announced

India TV News  

September 30 was the last date to exchange the Rs 2000 note. Reserve Bank of India in a notification said, "As the period specified for the withdrawal process has come to an end, and based on a review, it has been decided to extend the current arrangement for the deposit/exchange of Rs 2000 banknotes until October 07, 2023." The Reserve Bank on September 1 said that as much as 93 per cent of Rs 2000 currency notes that were in circulation on May 19, have been returned to banks. According to the data received from the banks, the total value of Rs 2000 banknotes received back from circulation is Rs 3.32 lakh crore up to August 31, 2023, it said in a statement. Thus, 93 per cent of the Rs 2000 banknotes in circulation as on May 19, 2023, have since been returned," it said.

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History of this topic

97.87 pc of Rs 2000 notes returned, Rs 7,581 crore still in circulation, continue to be legal tender: RBI
5 months, 3 weeks ago

97.87 pc of Rs 2000 notes returned, Rs 7,581 crore still in circulation, continue to be legal tender: RBI

India TV News  

The total value of Rs 2000 banknotes in circulation, which was Rs 3.56 lakh crores at the close of business on May 19, 2023, when the withdrawal of Rs 2000 banknotes was announced, has declined to Rs 7581 crores at the close of business on June 28, 2024, the RBI said on Monday. "Thus, 97.87 per cent of the Rs …

97.76 per cent of Rs 2,000 currency notes returned, says RBI
7 months, 3 weeks ago

97.76 per cent of Rs 2,000 currency notes returned, says RBI

India TV News  

The Reserve Bank of India revealed that as of May 2, 97.76% of the Rs 2,000 currency notes in circulation since May 19, 2023, have been reintegrated into the banking system. The total value of Rs 2,000 banknotes dropped significantly from Rs 3.56 lakh crore in May 2023 to just Rs 7,961 crore by April 30, 2024, marking a substantial …

₹2,000 banknotes worth ₹8,470 crore still in circulation, says RBI
9 months, 3 weeks ago

₹2,000 banknotes worth ₹8,470 crore still in circulation, says RBI

The Hindu  

More than 9 months since the Reserve Bank of India announced to withdraw ₹2000 banknotes, about ₹8,470 crore worth ₹2,000 banknotes were still in circulation as on February 29, 2024 as per updates provided by the central bank. “The total value of ₹2,000 banknotes in circulation, which was ₹3.56 lakh crore at the close of business on May 19, 2023, …

RBI Says Rs 9330 Crore of 2000 Notes Yet to Return
11 months, 3 weeks ago

RBI Says Rs 9330 Crore of 2000 Notes Yet to Return

Deccan Chronicle  

HYDERABAD: The Reserve Bank of India on Monday said that banks have received 97.38 per cent of the Rs 2,000 denomination banknotes in circulation and only Rs 9330 crore worth of such notes are remaining with the public. The RBI had announced the withdrawal of Rs 2,000 denomination bank notes from circulation on May 19. People can still deposit and/or …

97.26 per cent of Rs 2000 notes returned, denomination continues to be legal tender: RBI
1 year ago

97.26 per cent of Rs 2000 notes returned, denomination continues to be legal tender: RBI

India TV News  

The Reserve Bank of India on Friday stated that 97.26 per cent of the Rs 2,000 banknotes have been returned to the baking system. Rs 2000 banknotes still in circulation The central bank also said that about 2.7 per cent of Rs 2,000 banknotes are still in circulation, about two months after the deadline to deposit or exchange them at …

More than 97 per cent of Rs 2,000 notes returned, Rs 10,000 cr worth currency still with public: RBI
1 year, 1 month ago

More than 97 per cent of Rs 2,000 notes returned, Rs 10,000 cr worth currency still with public: RBI

India TV News  

The Reserve Bank of India on Wednesdays said more than 97 per cent of the Rs 2,000 banknotes in circulation have been returned to the banking system. The RBI in a statement said, "The total value of Rs 2,000 banknotes in circulation, which amounted to Rs 3.56 lakh crore as at the close of business on May 19, 2023 when …

What options are available after deadline to exchange Rs 2,000 notes is over? | DETAILS
1 year, 2 months ago

What options are available after deadline to exchange Rs 2,000 notes is over? | DETAILS

India TV News  

Rs 2,000 notes deadline over: The last day for the public to avail of exchange or to deposit high-value Rs 2,000 banknotes at the banks was Saturday. According to the RBI, Rs 2,000 notes can continue to be exchanged by individuals or entities at the 19 RBI Issue Offices up to a limit of Rs 20,000 at a time; or …

Rs 3.43 Lakh Cr of Rs 2,000 Notes Have Come Back, Public Can Return Notes in RBI Offices Post Oct 8: Das
1 year, 2 months ago

Rs 3.43 Lakh Cr of Rs 2,000 Notes Have Come Back, Public Can Return Notes in RBI Offices Post Oct 8: Das

News 18  

Governor Shaktikanta Das on Friday said Rs 3.43 lakh crore of Rs 2,000 denomination notes have come back to the system so far, and reminded the public that they can return the withdrawn notes at 19 RBI offices from October 8. Addressing the customary post-policy press meet here, Das said 87 per cent of the notes which have been returned …

Indians still hold Rs 12,000 cr in Rs 2,000 notes that will go out of circulation soon
1 year, 2 months ago

Indians still hold Rs 12,000 cr in Rs 2,000 notes that will go out of circulation soon

Firstpost  

RBI Governor Shaktikanta Das said, so far, nearly 87 per cent of Rs 2,000 banknotes have been returned to the banks in form of deposits Reserve Bank of India Governor Shaktikanta Das on Friday said 2,000 rupee notes worth Rs 12,000 crore are still in circulation. “Rs 12,000 crore of the Rs 3.56 lakh crore worth of Rs 2,000 notes …

Deadline to exchange ₹2,000 notes extended. What will happen if you miss it?
1 year, 2 months ago

Deadline to exchange ₹2,000 notes extended. What will happen if you miss it?

Hindustan Times  

The Reserve Bank of India on Saturday extended the deadline for exchanging your ₹2,000 notes till October 7. If you fail to meet the October 7 deadline, here's what will happen: RBI on May 19 had announced withdrawal of ₹ 2,000 currency notes from circulation and gave public time till September 30 to either deposit such notes in accounts or …

RBI extends deadline for exchange of ₹2,000 notes till October 7
1 year, 2 months ago

RBI extends deadline for exchange of ₹2,000 notes till October 7

The Hindu  

With about ₹0.14 lakh crore worth of ₹2,000 notes still not having found their way back into the banking system as on September 29, a day before the stipulated deadline for the general public to exchange or deposit the notes at bank branches, the Reserve Bank of India has decided to extend the deadline to October 7. 96% returned “According …

RBI extends deadline to exchange ₹2,000 notes till October 7
1 year, 2 months ago

RBI extends deadline to exchange ₹2,000 notes till October 7

Hindustan Times  

The Reserve Bank of India has extended the deadline for the exchange of ₹2000 notes till October 7. b) ₹2000 banknotes can continue to be exchanged by individuals / entities at the 19 RBI Issue Offices up to a limit of ₹20,000/- at a time. c) Individuals / Entities can tender ₹2000 banknotes at the 19 RBI Issue Offices for …

RBI Extends Deadline to Exchange Rs 2000 Notes
1 year, 2 months ago

RBI Extends Deadline to Exchange Rs 2000 Notes

Deccan Chronicle  

The Reserve Bank of India has extended the deadline to exchange ₹2,000 denomination notes. This notification came today after reports suggested that 30 September deadline to return ₹2000 notes is likely to get extended till October end. On 19 May, RBI removed the ₹2000 notes from circulation and gave nearly four months to deposit or exchange the notes. Earlier on …

Last date for exchanging Rs 2,000 notes is September 30, know options after the deadline
1 year, 2 months ago

Last date for exchanging Rs 2,000 notes is September 30, know options after the deadline

India TV News  

The last date to deposit Rs 2,000 notes in banks or exchange them with other notes is September 30. Currently, till September 30, individuals also have the option to exchange Rs 2,000 notes at 19 regional offices of RBI or any nearest bank branch. Step-by-step process to deposit Rs 2,000 notes 1) Visit your nearest bank 2) Fill out the …

Still have Rs 2,000 notes? Here’s what happens if you miss 30 Sept deadline
1 year, 2 months ago

Still have Rs 2,000 notes? Here’s what happens if you miss 30 Sept deadline

Firstpost  

While the Rs 2,000 notes will remain legal tender even after 30 September, citizens will be unable to conduct any transactions with them. Holders will have to get the notes exchanged at RBI’s regional offices and also explain why they could not do so before the deadline lapsed In May, the Reserve Bank of India announced that Rs 2,000 currency …

From Rs 2,000 notes to mutual fund, list of big changes impacting your financial life from October 1 | DETAILS
1 year, 3 months ago

From Rs 2,000 notes to mutual fund, list of big changes impacting your financial life from October 1 | DETAILS

India TV News  

The users will experience several changes in personal finance from October 1 this year with the deadlines for adding nominees for mutual fund folios, demat account, and trading accounts ending on 30 September 2023. Here is the list of changes impacting personal finance from October 1: Adding nominees for all existing Mutual Fund The deadline to add nominees for all …

Rs 2,000 note exchange, deposit deadline nears: All you need to know
1 year, 3 months ago

Rs 2,000 note exchange, deposit deadline nears: All you need to know

India TV News  

Rs 2,000 note : The deadline to exchange or deposit the Rs 2,000 note is inching closer in India. 2,000 rupee notes deposits made in RBI: The Reserve Bank of India said that as much as 93 per cent of Rs 2,000 currency notes that were in circulation on May 19- the day when the currency was withdrawn from circulation- …

93% of ₹2000 notes returned to banks: RBI
1 year, 3 months ago

93% of ₹2000 notes returned to banks: RBI

Hindustan Times  

The Reserve Bank on Friday said that as much as 93 per cent of ₹2000 currency notes that were in circulation on May 19 -- the day when the currency was withdrawn from circulation -- have been returned to banks. According to the data received from the banks, the total value of ₹2000 banknotes received back from circulation is ₹3.32 …

Last date to exchange ₹2000 at banks nears; check list of bank holidays in Sept
1 year, 3 months ago

Last date to exchange ₹2000 at banks nears; check list of bank holidays in Sept

Live Mint  

Many people are still approaching banks to exchange or deposit their ₹2000 banknotes after the Reserve Bank of India removed them from circulation on 19 May 2023. According to the RBI press release issued on May 19, 2023, "The facility for deposit and/or exchange of ₹2000 banknotes shall be available for members of the public up to September 30, 2023.The …

Three-fourth of ₹2000 currency notes in circulation have returned to banks: Govt
1 year, 4 months ago

Three-fourth of ₹2000 currency notes in circulation have returned to banks: Govt

Live Mint  

New Delhi: Indian banks have received ₹2.72 trillion worth of ₹2,000 banknotes up to 30 June, after the Reserve Bank of India announced their withdrawal on 19 May, said Union Minister of State for Finance Pankaj Chaudhary in a written reply to a question in Rajya Sabha. In a surprise move, RBI announced withdrawal of ₹2,000 notes from circulation but …

‘No plan to extend’: Deadline to exchange ₹2,000 notes on Sept 30, says FinMin
1 year, 4 months ago

‘No plan to extend’: Deadline to exchange ₹2,000 notes on Sept 30, says FinMin

Hindustan Times  

The finance ministry on Monday said there is no proposal to extend the deadline for the exchange of ₹2,000 notes beyond September 30, 2023. The Reserve Bank, in a surprise move, on May 19 announced withdrawal of ₹2,000 notes from circulation but gave public time till September 30 to either deposit such notes in accounts or exchange them at banks. …

Withdrawal of Rs 2,000 note won't harm economy: RBI Governor Shaktikanta Das
1 year, 5 months ago

Withdrawal of Rs 2,000 note won't harm economy: RBI Governor Shaktikanta Das

India Today  

Reserve Bank of India Governor Shaktikanta Das said the withdrawal of Rs 2,000 notes won’t have any negative impact on the economy. “One thing I can clearly tell you is that the Rs 2,000 note that we are withdrawing right now will not have any negative impact on the economy," Das told news agency PTI in an interview. In fact, …

Half of Rs 2,000 notes in circulation back in system: RBI Governor
1 year, 6 months ago

Half of Rs 2,000 notes in circulation back in system: RBI Governor

Deccan Chronicle  

MUMBAI: The Reserve Bank of India Governor Shaktikanta Das on Thursday said 50 per cent of the to-be-withdrawn Rs 2,000 notes came back to the system. This is roughly about 50 per cent of the Rs 2000 notes which were in circulation on March 31," RBI Governor Das said at a post-monetary policy meeting press conference. On May 19, RBI …

RBI Has No Plan To Withdraw Rs 500 Note Or Bring Rs 1,000 Note; All You Need To Know
1 year, 6 months ago

RBI Has No Plan To Withdraw Rs 500 Note Or Bring Rs 1,000 Note; All You Need To Know

News 18  

Reserve Bank of India’s Governor Shaktikanta Das on June 8 made it clear that RBI is not thinking of withdrawing Rs 500 notes, or even re-introducing notes in the Rs 1,000 denomination, and requested the public not to speculate on this. While announcing the decisions of the Monetary Policy Committee on Thursday, Das also informed that about 50% of Rs …

About 80% choose to deposit Rs2000 notes instead of exchanging: Report
1 year, 6 months ago

About 80% choose to deposit Rs2000 notes instead of exchanging: Report

Hindustan Times  

About three-fourths of Indians are choosing to deposit the recently withdrawn 2000-rupee notes into bank accounts so far rather than exchanging them for smaller denominations, with the trend likely to boost bank deposits, bankers said. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} In May, the Reserve Bank of India said it would withdraw these high-value notes from circulation and permitted their exchange or …

Rs 2000 Note Exchange: SC Declines Urgent Hearing For Plea Challenging Notifications Allowing Currency Exchange Without ID Proof
1 year, 6 months ago

Rs 2000 Note Exchange: SC Declines Urgent Hearing For Plea Challenging Notifications Allowing Currency Exchange Without ID Proof

ABP News  

The Supreme Court on Thursday declined urgent hearing of an appeal against the Delhi High Court order which dismissed a plea challenging the RBI’s decision permitting citizens to exchange Rs 2000 banknotes without any requisition slip and ID proof, as reported by ANI. The vacation bench of the apex court comprising Justice Sudhanshu Dhulia and Justice KV Viswanathan rejected the …

Exchange Rs 2,000 denomination currency notes without ID proof is valid: Court dismisses plea
1 year, 6 months ago

Exchange Rs 2,000 denomination currency notes without ID proof is valid: Court dismisses plea

India TV News  

The Delhi High Court on Monday dismissed a petition challenging the notifications enabling the exchange of Rs 2,000 denomination currency notes without any requisition slip and ID proof, saying it has been done to avoid inconvenience to citizens, and the court cannot sit as an appellate authority on a policy decision. The high court said the Public Interest Litigation is …

Rs 2000 Note Exchange Delhi High Court Dismisses PIL Challenging Notifications Allowing Notes Without ID Proof
1 year, 6 months ago

Rs 2000 Note Exchange Delhi High Court Dismisses PIL Challenging Notifications Allowing Notes Without ID Proof

ABP News  

The Delhi High Court on Monday dismissed a PIL challenging the Reserve Bank of India and State Bank of India notifications, which permits the exchange of Rs 2,000 banknotes without obtaining any requisition slip and identity proof, reported by ANI. Delhi High Court dismisses PIL challenging Reserve Bank of India and State Bank of India notifications, which permits the exchange …

₹2,000 note exchange/ deposit: Know rules for SBI, HDFC, ICICI, other banks
1 year, 6 months ago

₹2,000 note exchange/ deposit: Know rules for SBI, HDFC, ICICI, other banks

Live Mint  

Reserve bank of India instructed ₹2000 note withdrawal process begun on 23 May. Let's take a look State Bank of India The State Bank of India has informed that members of the public will not require to show identity proof or fill up a requisition slip to exchange ₹2000 notes for a limit of ₹20,000 at once in any SBI …

Entire process of Rs 2000 notes withdrawal will be non-disruptive: RBI Governor
1 year, 6 months ago

Entire process of Rs 2000 notes withdrawal will be non-disruptive: RBI Governor

Deccan Chronicle  

New Delhi: Reserve Bank Governor Shaktikanta Das on Wednesday stressed that the entire process of withdrawal of Rs 2000 notes will be non-disruptive, and the Central Bank has been monitoring the situation regularly. The Reserve Bank of India on Friday announced the withdrawal of Rs 2000 denomination banknotes as part of its currency management. Replying to questions at an event …

Rs 2000 Note Exchange: Punjab National Bank Clarifies There's No Need To Show ID Card, Fill Form
1 year, 7 months ago

Rs 2000 Note Exchange: Punjab National Bank Clarifies There's No Need To Show ID Card, Fill Form

ABP News  

State-run lender Punjab National Bank on Tuesday said there is no need to show any identity proof such as Aadhaar card or present any official verified documents as well as need to fill any form at any of its branches to exchange Rs 2000 currency notes, according to news agency ANI. The latest notification comes from PNB after old bank …

A day after loudly talking about Rs 2000 and food orders, Zomato quietly says it is a joke
1 year, 7 months ago

A day after loudly talking about Rs 2000 and food orders, Zomato quietly says it is a joke

India Today  

Update: A day after Zomato tweeted that many of its cash-on-delivery orders were getting paid with Rs 2000 notes, the company has quietly said that this was a joke. Hours later Zomato, in a tweet, wrote that people have started paying for food orders via Rs 2,000 notes. --------- ''Original story follows'' Reserve Bank of India recently announced its decision …

RBI Expects Return Of Most Rs 2,000 Banknotes In Circulation By September 30: Governor Shaktikanta Das
1 year, 7 months ago

RBI Expects Return Of Most Rs 2,000 Banknotes In Circulation By September 30: Governor Shaktikanta Das

ABP News  

The Reserve Bank of India Governor Shaktikanta Das on Monday said most of the withdrawn Rs 2,000 rupee notes are expected to be returned by the deadline of September 30. While the withdrawn 2,000 rupee notes can either be deposited in bank accounts or exchange for other currency, banks have been advised to make necessary arrangements for exchange, he said. …

Congress cries foul over phasing out of Rs 2000 currency notes: How several Congress govt followed the ‘demonetisation’ path to control black money
1 year, 7 months ago

Congress cries foul over phasing out of Rs 2000 currency notes: How several Congress govt followed the ‘demonetisation’ path to control black money

Op India  

On 19th May 2023, the Reserve Bank of India announced that it is withdrawing the circulation of ₹2000 currency notes. But while accusing the Modi government of miscalculating demonetisation in 2016 and withdrawing Rs 2000 notes in 2023, congress has forgotten the currency decisions it took. In the first demonetisation, Rs 500, Rs 1,000 and Rs 10,000 notes were demonetised …

Rs 2,000 note will continue to be legal tender, no reason to rush to banks: RBI
1 year, 7 months ago

Rs 2,000 note will continue to be legal tender, no reason to rush to banks: RBI

India TV News  

Shaktikanta Das, governor of the Reserve Bank of India, said on Monday that no one should rush to return or exchange their 2,000 rupee notes, a day before people start approaching banks to give up the high-value notes. The chief of the RBI added, "Rs 2000 bank notes were introduced primarily to replenish the notes withdrawn following demonstration." The governor …

Purpose Of Printing Rs 2,000 Currency Notes Has Been Fulfilled: RBI Governor Shaktikanta Das
1 year, 7 months ago

Purpose Of Printing Rs 2,000 Currency Notes Has Been Fulfilled: RBI Governor Shaktikanta Das

ABP News  

Reserve Bank of India Governor Shaktikanta Das on Monday said that the purpose of printing Rs 2,000 notes has been fulfilled. "We expect most of Rs 2,000 banknotes to come back to exchequer by September 30 as the withdrawal of Rs 2,000 banknotes is a part of the currency management," the governor said. We have more than adequate quantity of …

Customers rush to exchange ₹2000 notes; ‘no change’, say fuel pumps
1 year, 7 months ago

Customers rush to exchange ₹2000 notes; ‘no change’, say fuel pumps

Hindustan Times  

New Delhi: Petrol pumps are facing the heat of the ₹2,000 banknote withdrawal as customers are thronging with the high-value currency notes from Friday late to buy fuel worth as little as ₹100 or ₹200, forcing many outlets to put up notices that they would not be able to give change for ₹2,000 due to unavailability of notes of smaller …

No forms, ID cards needed for exchange of Rs 2000 banknotes: SBI
1 year, 7 months ago

No forms, ID cards needed for exchange of Rs 2000 banknotes: SBI

Deccan Chronicle  

New Delhi: State Bank of India customers will not be required to submit any ID cards or fill out any requisition forms to exchange their Rs 2000 currency notes. The Reserve Bank of India on Friday decided to withdraw the Rs 2000 denomination currency notes from circulation, but added they will continue to remain as legal tender. The exchange of …

2000 Rs Note Exchange SBI No Forms ID Proof Requisition Slip Needed Upto Limit Rs 20000 State Bank of India
1 year, 7 months ago

2000 Rs Note Exchange SBI No Forms ID Proof Requisition Slip Needed Upto Limit Rs 20000 State Bank of India

ABP News  

In yet another development into the withdrawal of Rs 2,000 currency notes, the State Bank of India has issued a clarification regarding the exchange of Rs 2,000 currency notes. The SBI in a circular which was issued on Saturday said that people don't need to fill out requisition forms if a person wishes to exchange their Rs 2,000 currency notes …

Demonetization of Rs 2000 notes evokes reactions
1 year, 7 months ago

Demonetization of Rs 2000 notes evokes reactions

Deccan Chronicle  

CHENNAI: The Reserve Bank of India’s announcement to demonetize Rs 2000 currency notes triggered a wide range of reactions with Chief Minister M K Stalin coming up with a tweet: ‘500 doubts, 1000 mysteries, 2000 mistakes. Annamalai, however, said that only banks would not accept Rs 2000 notes after September 30, adding common people can transact business with it among …

Opinion | DO NOT CREATE PANIC OVER RS 2000 NOTES
1 year, 7 months ago

Opinion | DO NOT CREATE PANIC OVER RS 2000 NOTES

India TV News  

There should be no confusion about the Reserve Bank of India order announcing withdrawal of Rs 2,000 currency notes from circulation after September 30, 2023. WANKHEDE HAS EXPOSED HIMSELF BY LEAKING MESSAGES Former Mumbai zonal director of Narcotics Control Bureau Sameer Wankhede has submitted before the Bombay High Court, some messages sent to him by superstar Shahrukh Khan from October …

Why has RBI withdrawn Rs 2000 notes? How is this different from demonetisation?
1 year, 7 months ago

Why has RBI withdrawn Rs 2000 notes? How is this different from demonetisation?

Firstpost  

The Rs 2000 denomination of banknotes will no longer be in use. “In view of the above, and in pursuance of the ‘Clean Note Policy’ of the Reserve Bank of India, it has been decided to withdraw the Rs 2000 denomination banknotes from circulation,” the RBI said. Reserve Bank of India has advised banks to stop issuing Rs 2000 denomination …

Why RBI is withdrawing Rs 2,000 notes from circulation?
1 year, 7 months ago

Why RBI is withdrawing Rs 2,000 notes from circulation?

India TV News  

Rs 2,000 notes to be withdrawn: The Reserve Bank of India on Friday announced that it will withdraw the circulation of Rs 2,000 currency notes but said that the notes will continue to remain a legal tender. The exchange of Rs 2,000 notes into bank notes of other denominations can be made upto a limit of Rs 20,000 at a …

What bankers should know about circulation, deposit, and exchange of ₹2000 notes
1 year, 7 months ago

What bankers should know about circulation, deposit, and exchange of ₹2000 notes

Hindustan Times  

The Reserve Bank of India Governor Shaktikanta Das on Monday said that people should not rush to the banks to exchange ₹2,000 currency notes as the deadline of the same four months away. The RBI has outlined a plan of action for banks to ensure a smooth transition: Handling of existing stock and receipts: Banks must discontinue the issuance of …

RBI to withdraw ₹2,000 notes from circulation
1 year, 7 months ago

RBI to withdraw ₹2,000 notes from circulation

The Hindu  

The Reserve Bank of India, on May 19, decided to withdraw ₹2,000 note from circulation. “In view of the above, and in pursuance of the ‘Clean Note Policy’ of the Reserve Bank of India, it has been decided to withdraw the ₹2,000 denomination bank notes from circulation,” the RBI said. “Members of the public are encouraged to utilise the time …

RBI Withdraws Rs 2000 Currency Note From Circulation How To Exchange From Banks Which Date
1 year, 7 months ago

RBI Withdraws Rs 2000 Currency Note From Circulation How To Exchange From Banks Which Date

ABP News  

More than six years after it was introduced in November 2016, the Reserve Bank of India has decided to withdraw Rs 2,000 notes from circulation. The RBI introduced the Rs 2,000 note in November 2016 after after Prime Minister Narendra Modi demonetised Rs 1,000 and Rs 500 notes overnight in a bid to curtail black money, eradicate fake currency notes, …

'First Act, Second Think': Opposition as RBI withdraws Rs 2,000 notes
1 year, 7 months ago

'First Act, Second Think': Opposition as RBI withdraws Rs 2,000 notes

India Today  

The Opposition lashed out at the Centre and Prime Minister Narendra Modi after the Reserve Bank of India announced that it has decided to withdraw Rs 2,000 notes from circulation and asked people to exchange their notes by September 30. 2,000 rupee notes introduced with such fanfare after that singularly disastrous Tughlaqi firman of Nov 8 2016 are now being …

Rs 2,000 Notes Will Remain Legal Tender Even After Sept 30. All Your Questions Answered
1 year, 7 months ago

Rs 2,000 Notes Will Remain Legal Tender Even After Sept 30. All Your Questions Answered

ABP News  

The Reserve Bank of India has announced the withdrawal of Rs 2,000 denomination banknotes from circulation while clarifying that existing Rs 2,000 notes will remain legal tender. Hence, in line with the "Clean Note Policy," the decision to withdraw Rs 2000 banknotes from circulation has been made, the central bank said. RBI said, "To ensure convenience for the public, a …

What will happen to ₹2000 notes after September 30?
1 year, 7 months ago

What will happen to ₹2000 notes after September 30?

Hindustan Times  

Clarifying the possible confusion regarding the status of the ₹2000 banknotes, the Reserve Bank of India has confirmed that the high-denomination notes will maintain their legal tender status even after September 30, 2023. To facilitate the process, the central bank has advised the public to approach their respective bank branches after May 23, 2023, for depositing and/or exchanging the ₹2000 …

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