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RBI's announcement on withdrawal of Rs 2,000 notes results in meme fest, Zomato has a funny response as well - Vimarsana News

RBI's announcement on withdrawal of Rs 2,000 notes results in meme fest, Zomato has a funny response as well

Many netizens made jokes about not being able to see Rs 2,000 notes for a long time.

Withdrawal of Rs 2,000 Note Shows India Is Still Feeling Effects of Modi's Tughlaqian Demonetisation - Vimarsana News

Withdrawal of Rs 2,000 Note Shows India Is Still Feeling Effects of Modi's Tughlaqian Demonetisation

The RBI appears to admit, without any embarrassment whatsoever, that once the purpose of inflating the value of currency in circulation has been served, there is no further need for the denomination.

Source: thewire.in
RBI must adopt well-defined and time-bound guidelines on replacing soiled notes - Vimarsana News

RBI must adopt well-defined and time-bound guidelines on replacing soiled notes

The withdrawal decision questions RBI’s policy on currency management once again. This is the third decision to withdraw currency notes of specific denominations in less than 10 years

Explained: Why has RBI withdrawn Rs 2000 bank notes? What will happen if you don't exchange 2000 notes? - Vimarsana News

Explained: Why has RBI withdrawn Rs 2000 bank notes? What will happen if you don't exchange 2000 notes?

In a surprise move by the RBI, the Rs 2000 notes have been recalled and are set to be withdrawn from circulation, with all consumers asked to exchange or deposit the notes.

Introducing Rs 2,000 Currency Notes In 2016 Was A 'Foolish Move', Says P Chidambaram - Vimarsana News

Introducing Rs 2,000 Currency Notes In 2016 Was A 'Foolish Move', Says P Chidambaram

Congress MP and former finance minister P Chidambaram's remarks came after the RBI announced it will withdraw Rs 2,000 currency notes from circulation.

Source: india.com