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
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
Congress president Mallikarjun Kharge made the remarks on the withdrawal of Rs 2,000 notes from circulation at the swearing-in ceremony of the new Congress government of Karnataka.
Reserve Bank of India (RBI) has announced to withdraw Rs 2,000 currency notes. However, the notes will continue to be legal tender till September 30, says RBI.
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.