New Delhi :
2000 rupee notes are being taken out of vogue in the country. The Reserve Bank of India (RBI) has advised people to exchange these notes by 30 September. 20 thousand rupees at a time in the bank, that is, up to 10 notes of 2000 rupees are being exchanged separately for smaller notes. All sets will have the facility to exchange Rs 2,000 notes. The alert has asked all saints to immediately stop issuing Rs 2,000 notes.
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The Central Bank has said that it is scrapping the Rs 2,000 note and people can exchange the notes till September 30. The 19 regional offices of the Reserve Bank of India (RBI) will start taking Rs 2,000 notes for exchange with notes of lower denominations from May 23.
Pravasi is that in November 2016, the Reserve Bank started printing Rs 2,000 notes after Prime Minister Narendra Modi announced the demonetisation of Rs 1,000 and Rs 500 notes overnight.
“The objective of introducing Rs 2,000 bank notes was served when bank notes of other denominations became available in sufficient quantity. Therefore, the printing of Rs 2,000 notes was discontinued in 2018-19,” RBI said in a submission.
2,000 banknotes in other denominations in any bank from May 23, 2023. Up to a limit of 20,000 at a time. Can be changed.”
The Reserve Bank of India has told people that they can deposit Rs 2,000 notes in banks or exchange them with lower denomination notes till September 30.
“About 89 per cent of the Rs 2,000 denomination banknotes were issued before March 2017. These four-five year stickers are now coming to an end,” said Microsupporters. Ko was at its peak in vogue. Then 6.73 lakh crore rupees of two thousand were in circulation. This circulation decreased to 3.62 lakh crore on 31 March 2023.