Rs 2,000 notes withdrawal: All you need to know about post office policies
The Reserve Bank of India recently announced the withdrawal of Rs 2,000 denomination notes
Source: firstpost.com
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Herald: People are rushing to pumps insisting on paying in 2k notes
Flashbacks of demonetisation force people to rush to petrol pumps; owners find it tough to tender the change as customers insist on using Rs 2,000 notes instead of swiping debit cards
Source: heraldgoa.in
Explained: Why The Rs 2,000 Notes Were Issued And Then Withdrawn
In November 2015 under Section 24(1) of the RBI Act of 1934, the Rs 2,000 banknote was introduced. The RBI Act allows the introduction of notes of any denomination, not exceeding Rs 10,000.
Source: oneindia.com
No Proposal To Reintroduce 1,000 Rupee Note: RBI Governor
The Reserve Bank of India (RBI) on Monday dismissed claims of the reintroduction of 1,000 rupee notes and said there is no proposal to bring back such currency notes, yet.
Source: oneindia.com
Are Rs 2000 notes being withdrawn because of black money? What happens after September 30?
Confusion prevails over the RBI’s decision to withdraw Rs 2000 notes. While the 30 September deadline has been set, the currency will continue to be valid even after. Then why do we have to exchange the notes? Is it a crackdown on black money and fake currency?
Source: firstpost.com