What does India's decision to withdraw INR2000 currency note mean?
The INR2000 note will remain legal tender, but Indian citizens have been notified by the RBI to deposit or exchange these notes
Source: gulfbusiness.com
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SBI to exchange ₹2,000 notes without any form, ID proof or requisition slip
This announcement from the banks comes at the time when there is a lot of misinformation going around on social media.
Source: freepressjournal.in
Why has the RBI withdrawn Rs 2,000 notes?
You have from May 23 to Sept 30 to deposit these notes in your bank account or exchange them for other denominations. But you can exchange only 10 notes at a time. Why has the RBI done this?
Source: indianexpress.com
DNA Special: RBI withdraws circulation of Rs 2000 notes, how will it affect the people?
As on March 31, 2018, Rs 2,000 notes worth Rs 6,73,000 crore were available in the market, accounting for 37.3 percent of the total currency circulation.
Source: dnaindia.com
RBI To Withdraw Rs 2,000 Notes: Here Are 5 Key Points To Know
The Rs 2,000 denomination banknote was introduced in November 2016 primarily to meet the currency requirement of the economy after the withdrawal of the legal tender status of all Rs 500 and Rs 1,000 banknotes
Source: news18.com