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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.
Rs 2000 Currency Notes Exchange: The total value of such banknotes in circulation has declined from Rs 6.73 lakh crore at its peak as on March 31, 2018 (37.3 per cent of notes in circulation) to Rs 3.62 lakh crore constituting only 10.8 per cent of notes in circulation as on March 31, 2023.
RBI encourages individuals to deposit and/or exchange Rs 2,000 banknotes by 30 September
The Rs 2000 note will remain legal tender but citizens have been asked to deposit or exchange these notes by 30 September. Analysts say this time the move is expected to be less disruptive as a lower value of notes is being withdrawn over a longer period of time
Mumbai BJP president Ashish Shelar claims the city has always rejected the former CM’s leadership and his party in every election