Shops can't decline Rs 2,000 notes: RBI Governor Shaktikanta Das
RBI on Friday announced that it will withdraw Rs 2,000 notes from circulation
Stay updated with breaking news from Rs 2000 Note. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
RBI on Friday announced that it will withdraw Rs 2,000 notes from circulation
The plea seeks a direction to the RBI and SBI to ensure that Rs 2,000 banknotes are deposited only in the bank account of the person exchanging the notes.
The bank clarified that the Rs 2000 notes will continue to be legal tender even after September 30.
Petrol dealers drew attention to the similarities between the current situation and the challenges experienced during the 2016 demonetisation drive
India's central bank, as part of its 'Clean Note Policy', declared that ₹2,000 currency notes will no longer be in circulation in the world’s fifth largest economy. The Reserve Bank of India has declared September 30, 2023, as the deadline to exchange the to-be-scrapped notes. The notes, however, will continue to be legal tender.