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According to Gandhi, who handled RBI's currency management department, the introduction of the Rs 2,000 note in 2016 was a 'short-term tactical decision' to quickly remonetise the economy post-demonetisation
The Reserve Bank of India (RBI) on May 19 said it is withdrawing Rs 2,000 notes from circulation based on a review. However, the banknotes of Rs 2,000 denomination will continue to be legal tender, the central bank said in a release.
The RBI has advised members of the public to deposit Rs 2,000 banknotes into their bank accounts or exchange them for banknotes of other denominations at any bank branch.
The banknotes in Rs 2,000 denomination will continue to be legal tender, the RBi said in a release.
West Bengal Chief Minister Mamata Banerjee on Friday hit out at the BJP-led Central government after the Reserve Bank of India (RBI) notified to withdraw Rs 2,0