Live news updates: The Reserve Bank of India (RBI) on May 19 announced that it has decided to withdraw the Rs 2,000 denomination bank notes from circulation. Follow for more updates on this.
The withdrawal decision questions RBI’s policy on currency management once again. This is the third decision to withdraw currency notes of specific denominations in less than 10 years
The RBI has decided to withdraw the Rs 2,000 denomination banknotes from circulation. It encourages to deposit and/or exchange these banknotes on or before September 30, 2023.