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The gold market in India is seeing a spurt in sales and it can thank the RBI for it. The central bank’s decision to withdraw the Rs 2000 note from circulation by 30 September has prompted people to buy more gold – with most stores reporting a 20 per cent rise in purchases
New Delhi: Cash purchase of fuel at petrol pumps using Rs 2,000 notes has spiked to almost 90 percent of daily sales as buyers rushed to tender the
Exchange of Rs 2,000 banknotes into banknotes of other denominations can be made upto a limit of Rs 20,000 at a time at any bank starting from May 23, 2023.
Lucknow: Nearly 905 branches of all banks in Lucknow and 12,000 branches across Uttar Pradesh have geared up for depositing and exchanging Rs 2000
Small queues were witnessed at some bank branches for exchange of Rs 2000 notes against smaller denominations as part of withdrawal exercise.