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The Reserve Bank of India on Friday announced the withdrawal of Rs 2,000 currency notes from circulation. People can either deposit Rs 2,000 notes in accounts or exchange them at banks till September 30, 2023. An exchange of a maximum of Rs 20,000 for other currency notes will be allowed at a time. , Personal Finance News, Times Now
RBI has requested banks to start deposit or exchange facility of Rs 2000 notes for customers from May 23, 2023.
Rs 2000 Note News: The Reserve Bank of India (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. However, the Rs 2,000 notes will continue to be a legal tender till September 30., Personal Finance News, Times Now
The Reserve Bank of India on Friday announced withdrawal of Rs 2,000 currency notes from circulation, and existing notes in circulation can either be deposited in bank accounts or exchanged by September 30.The bank notes in Rs 2,000 denomination will continue to be a legal tender, the RBI said in a statement.
RBI has requested banks to provide deposit and exchange facility of Rs 2000 notes until September 30, 2023. In the statement, RBI clarified that exchange facility for Rs 2000 bank notes would be available from May 23.