Page 7 - S 2000 Notes News Today

Since the weekend, people have thronged outlets to spend using the 2000-rupee note to avoid the hassle of queuing up at banks to exchange them or invite scrutiny from the tax department by depositing large sums.

Amid the ensuing chaos, a smart Delhi shopkeeper decided to make the most of it. The internet is buzzing with viral pictures that feature a poster displayed by a meat shop in Delhi’s GTB Nagar

Reserve Bank Governor Shaktikanta Das expressed confidence that the entire exercise will be completed in a non-disruptive manner.

RBI Governor Shaktikanta Das 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.

RBI on Friday announced withdrawal of Rs 2,000 currency notes from circulation but gave public time till September 30 to either deposit such notes in accounts or exchange them at banks.

The gold market in India is seeing a spurt in sales and it can thank the RBI for it. The central bank’s decision to withdraw the Rs 2000 note from circulation by 30 September has prompted people to buy more gold – with most stores reporting a 20 per cent rise in purchases

New Delhi: Cash purchase of fuel at petrol pumps using Rs 2,000 notes has spiked to almost 90 percent of daily sales as buyers rushed to tender the

Exchange of Rs 2,000 banknotes into banknotes of other denominations can be made upto a limit of Rs 20,000 at a time at any bank starting from May 23, 2023. 

Lucknow: Nearly 905 branches of all banks in Lucknow and 12,000 branches across Uttar Pradesh have geared up for depositing and exchanging Rs 2000

Small queues were witnessed at some bank branches for exchange of Rs 2000 notes against smaller denominations as part of withdrawal exercise.