33-year-old man tries to exchange counterfeit notes of Rs 2,000, held
On May 19, the Reserve Bank of India had announced the withdrawal of Rs 2,000 currency notes from circulation.
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On May 19, the Reserve Bank of India had announced the withdrawal of Rs 2,000 currency notes from circulation.
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
Rs 2,000 notes can be exchanged at banks starting today. What effect will it have on gold prices today? Q4 earnings of Ashok Leyland, JSW Energy, Biocon, Bikaji Foods International, Bajaj Electricals, Metro Brands, Fortis Healthcare and Kirloskar Industries will be in focus on 23rd May. Also know about petrol, diesel price today, PM Modi’s Australia diaspora address, Motorola Edge 40 launch and more in this Business Today Visual Story.
The future of Rs 2000 note will depend on whether RBI is successful in getting back all the Rs 2000 notes that's currently circulating in the economy.
2000 notes exchange: The RBI has already issued a standard operating procedure (SOP) to banks to streamline the process.