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While large traders with major cash pile to get hit, most smaller retailers are hoping for a buying spree among consumers with a pool of cash
According to them, the number of Rs 2,000 denomination notes in circulation or stocked at home is not huge.
Putting to rest speculations regarding whether any form or slip would be required while exchanging or depositing Rs 2,000 notes, SBI today issued a guideline to all its branches saying it will be allowed "without obtaining any requisition slip".
If the RBI itself will stop exchanging the Rs 2000 note, will it still be legal tender in practical terms from October 1st onwards? Can one still use it for buying goods and services? Can people refuse to accept it?
In today's edition: From RBI's decision to withdraw Rs 2,000 notes for circulation, to why bombs are easy to make in West Bengal, we bring to you top five stories.