Will Rs 1,000 Notes Be Back Soon? RBI Clarifies
The RBI has clarified that the circulation of Rs 500 notes in the country is sufficient to meet the cash requirements.
Source: news18.com
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With his Rs 2,000 knock, Shaktikanta Das has dealt a body blow to black-money hoarders
The segment of society that will be hit by the RBI's decision to withdraw the Rs 2,000 note will be the tax cheats holding crores of these high denomination notes. They will now come under the lens of tax authorities
Source: moneycontrol.com
Rs 2,000 Note Withdrawal: Storm in a teacup but what purpose did the note serve all these years?
From its glitchy issuance in 2016 to the stopping of printing in 2018-19 and now finally to its recall, the Rs 2,000 note had a rough ride while in existence. All through the way, RBI has been sparing in its communication, leaving citizens with more questions than answers
Source: moneycontrol.com
Interview | Former RBI Deputy Governor Gandhi sees no need for notes larger than Rs 500
According to Gandhi, who handled RBI's currency management department, the introduction of the Rs 2,000 note in 2016 was a 'short-term tactical decision' to quickly remonetise the economy post-demonetisation
Source: moneycontrol.com
Your questions on Rs 2,000 note answered as RBI declares to withdraw it from circulation
The Reserve Bank of India (RBI) on May 19 said it is withdrawing Rs 2,000 notes from circulation based on a review. However, the banknotes of Rs 2,000 denomination will continue to be legal tender, the central bank said in a release.
Source: moneycontrol.com