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It may be recalled that RBI in its notification dated on 19 May 2023 announced the withdrawal of Rs 2000 notes from circulation., , Rs 2000 note, reserve bank of india, currency in circulation, Demonetisation, government of india
India's 2,000-rupee banknote, introduced in 2016 to remonetize the economy, will be withdrawn by the Reserve Bank of India on September 30. Despite th
Out of the total notes returned, 87 per cent came in the form of deposits, while the remaining 13 per cent were exchanged into other denominations, as stated in the RBI's announcement, , reserve bank of india, Rs 2000 note
September 30 has been decided as the last date for the purpose of completing the exercise in a time-bound manner and to provide adequate time to the public. RBI may or may not revisit the September deadline based on the situation going ahead. Rs 2000 Note Withdrawal: 88% Notes Returned to Banking System, Says RBI.
The Delhi High Court on Monday dismissed a Public Interest Litigation (PIL) petition challenging the decision of the Reserve Bank of India (RBI) to withdraw ₹2,000 currency notes from circulation.