📰 2000 Note Withdrawal News
2000 Note Withdrawal News Today
Fast, Ad-Free News Updates
Stay updated with breaking news from 2000 Note Withdrawal. Real-time updates on events, politics, business and more.
June 15, 2023
Kotak Mahindra Bank has said that it has attracted INR54bn ($790m) in deposits as a result of the Reserve Bank of Indias withdrawal of INR2,000-denomination notes. Many of the funds have come into current accounts held by the banks business customers. Kotaks president for retail liabilities and branch banking, Virat Diwanji, warned that the increase in deposits was a temporary phenomenon, as the businesses would eventually deploy the same money for other purposes such as paying vendors.
May 31, 2023
The move to withdraw Rs 2,000 denomination notes will yield deposits of up to Rs 1.5 lakh crore for the banking system, Axis Bank Chief Economist Saugata Bhattacharya said on Wednesday.
May 24, 2023
The yields on CDs maturing in three months, which were trading in the 7.00-7.20 percent range on May 17, have now fallen to 6.80-6.95 percent.
May 23, 2023
The future of Rs 2000 note will depend on whether RBI is successful in getting back all the Rs 2000 notes that's currently circulating in the economy.
May 23, 2023
People can deposit and exchange their Rs 2,000 notes at the bank from today, May 23 onwards. Watch this Visual Story to check SBI, PNB, HDFC Bank guidelines on Rs 2,000 note exchange, deposits.
May 23, 2023
As customers with large cash pile come in search of properties, developers are in a fix on whether to encash on the new wave or to desist.
May 22, 2023
The Secretary’s comment comes after the RBI announced that the maximum limit of exchanging is Rs 20,000 in one go. This means that a person can exchange 10 Rs 2,000 banknotes at one time.
May 22, 2023
Rs 2,000 note withdrawal update: Shaktikanta Das also explained that even though a withdrawal of Rs 2,000 notes has been ordered, Shaktikanta Das explained that these notes continue to be a legal tender.
May 22, 2023
Rs 2,000 banknotes withdrawn: The petroleum dealers' association said that before the withdrawal of Rs 2,000 notes, petrol pumps used to get 10 per cent of their cash in the form of Rs 2,000 notes, which has now jumped to 90 per cent.
May 22, 2023
RBI Governor Shaktikanta Das on Monday explained the reasons Rs 2,000 note withdrawal. He also clarified Rs 2,000 notes exchange, deposit deadline, rules and limits.