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The Reserve Bank of India (RBI) on May 19 said it is withdrawing Rs 2,000 notes from circulation based on a review. However, the banknotes of Rs 2,000 denomination will continue to be legal tender, the central bank said in a release.
The Reserve Bank of India has decided to withdraw Rs 2,000 denomination banknotes from circulation and asked all to exchange them by September 30,2023.
In a surprise move, the Reserve Bank 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.
The Reserve Bank of India (RBI) on Friday said that it will withdraw the Rs 2,000 denomination banknote from circulation but it will continue as legal tender.In a statement, the RBI said: "The 2,000 denomination banknote was introduced in ...
The Congress on Friday slammed Prime Minister Narendra Modi, saying that the Rs 2,000 banknotes introduced with such fanfare after that "singularly disastrous" demonetisation decision of November 8, 2016, are now being withdrawn.In a ...