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May 21, 2023
None of the arguments that the RBI has given to justify the move are valid.
May 21, 2023
According to them, the number of Rs 2,000 denomination notes in circulation or stocked at home is not huge.
May 20, 2023
Rs 2000 Note News: The facility for the exchange of Rs 2,000 banknotes up to the limit of Rs 20,000 at a time shall also be provided at the 19 Regional Offices (ROs) of RBI having Issue Departments, from May 23., Personal Finance News, Times Now
May 20, 2023
In a surprising move, the Reserve Bank of India on Friday announced the decision to withdraw circulation of Rs 2,000 denomination notes. However, it gave the public time till September 30 to either deposit such notes in accounts or exchange them at banks. -- aaa
May 20, 2023
The bank notes in Rs 2,000 denomination will continue to be a legal tender, the RBI said. The existing notes in circulation can either be deposited in bank accounts or exchanged by September 30.
May 20, 2023
Interestingly, he also pulled in Microsoft co-founder Bill Gates and Better Than Cash Alliance. -- aaa
May 20, 2023
The central bank will withdraw from circulation the high-value Rs 2,000 note, which was introduced in November 2016 just after demonetisation. People can exchange or deposit their Rs 2,000 notes between May 23 and September 30.
May 20, 2023
Opposition leaders have criticised the government over the central bank's announcement that it will withdraw Rs 2,000 notes from circulation. They have compared the move to the overnight ban of high-value currency notes in November 2016.
May 20, 2023
The Reserve Bank of India (RBI) on Friday made the surprise announcement but gave the public time till September 30 to either deposit Rs 2000 notes in accounts or exchange them at banks.
May 19, 2023
On November 8, 2016, in a speech to the nation, Prime Minister Modi announced that his government was demonetising all ₹500 and ₹1,000 banknotes of the Mahatma Gandhi Series.