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Are Rs 2000 notes being withdrawn because of black money? What happens after September 30? - Vimarsana News

Are Rs 2000 notes being withdrawn because of black money? What happens after September 30?

Confusion prevails over the RBI’s decision to withdraw Rs 2000 notes. While the 30 September deadline has been set, the currency will continue to be valid even after. Then why do we have to exchange the notes? Is it a crackdown on black money and fake currency?