The Reserve Bank of India (RBI) extended the deadline to exchange, deposit of Rs 2000 to October 7, 2023. According to the RBI press release, the following will happen from October 8, 2023.
Rs 2,000 banknotes withdrawn: The petroleum dealers' association said that before the withdrawal of Rs 2,000 notes, petrol pumps used to get 10 per cent of their cash in the form of Rs 2,000 notes, which has now jumped to 90 per cent.
RBI Governor Shaktikanta Das on Monday explained the reasons Rs 2,000 note withdrawal. He also clarified Rs 2,000 notes exchange, deposit deadline, rules and limits.