Rs 2,000 notes legal tender, but rush to exchange them grows
The window for deposit and exchange of Rs 2,000 banknotes remains open at RBI's 19 Issue offices.
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The window for deposit and exchange of Rs 2,000 banknotes remains open at RBI's 19 Issue offices.
Earlier this year, the govt announced withdrawal of Rs 2000 bank notes from circulation after which people rushed to exchange the currency. The last date for exchange is over but do you still have the high-denomination currency? Know how you can exchange it.. - Rs 2000 Notes Still With You? Know Here How To Exchange High-Denomination Currency
Governor Das, who was addressing the media in a press conference after the Monetary Policy Committee announcements on Thursday, also said that the central bank is not considering withdrawing Rs 500 notes or re-introducing Rs 1,000 notes, and urged the public to not speculate over the same.
The governor’s address comes amid much uncertainty over the exchange and deposit of Rs 2,000 notes at banks.
In a surprise move by the RBI, the Rs 2000 notes have been recalled and are set to be withdrawn from circulation, with all consumers asked to exchange or deposit the notes.