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The Rs. 2,000 denomination banknote will cease to have its value after Saturday i.e. September 30th and will be just another piece of paper if one does not get it exchanged in any bank, the Reserve Bank of India (RBI) clarified.
In a relief to the public, the Reserve Bank of India (RBI) has decided to extend the deadline for the exchange of Rs 2,000 notes till October 7
The Reserve Bank of India (RBI) on Saturday extended the Last Date To Exchange Rs 2,000 Notes At Banks.
The Reserve Bank of India (RBI) has now clarified what will happen to Rs 200 currency notes when new deadline of October 7, 2023 expires.
Deposits into bank accounts can be made normally, that is, without limits and in accordance with current directives and other relevant RBI guidelines.