Last date to exchange Rs 2000 bank notes extended
The Reserve Bank of India has extended the deadline to exchange, deposit Rs 2000 deadline from September 30, 2023.
Source: indiatimes.com
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Will you be able to exchange or deposit Rs 2000 notes after September 30?
The Reserve Bank of India, in its notification dated May 19, 2023, announced the withdrawal of Rs 2,000 note from circulation. The RBI asked the public to deposits and/or exchange the Rs 2000 currency notes by September 30, 2023. However, the notification did not clarified what will happen if an individual is not able to deposit or exchange Rs 2000 note by September 30. Do note that Rs 2000 note continues to remain legal tender.
Source: indiatimes.com
Amazon introduces convenient way to exchange Rs. 2,000 notes before deadline, here's how
On May 19, the RBI withdrew all Rs. 2,000 notes under its Clean Note Policy.
Source: dnaindia.com
80% Indians Are Depositing Rs 2,000 Notes, Not Exchanging Them: Report
About three-fourths of Indians are choosing to deposit the recently withdrawn 2000-rupee notes into bank accounts so far rather than exchanging them for smaller denominations, with the trend likely to boost bank deposits, bankers said.
Source: ndtv.com
High Court Dismisses Plea Challenging RBI Decision On Rs 2,000 Banknote Exchange
On May 19, the RBI had announced withdrawal of Rs 2,000 currency notes from circulation, and said existing notes in circulation can either be deposited in bank accounts or exchanged by September 30.
Source: india.com