Rs 2000 Note Exchange Last Date: The Reserve Bank of India (RBI) announced the withdrawal of Rs 2,000 banknotes from circulation on May 19, 2023. The RBI said that individuals can deposit Rs 2,000 notes at their respective banks without any specific limit. However, usual KYC (Know Your Customer) requirements and other legal deposit norms will still be applicable., Personal Finance News, Times Now
The withdrawal of Rs 2000 notes is creating panic. Some are rushing to buy luxury watches and gold; others are donating to temples and spending on mangoes and food delivery