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Delhi HC dismisses PIL against RBI, SBI permitting Rs2000 note exchange without ID proof

Delhi HC dismisses PIL against RBI, SBI allowing Rs 2K note exchange without ID proof

Rs 2000 notes: Delhi HC rejects plea to allow exchange without ID

Courts should not sit as appellate authority : Delhi HC dismisses PIL on Rs 2,000 notes

Courts should not sit as appellate authority : Delhi HC dismisses PIL on Rs 2,000 notes
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RBI defends Rs 2,000-note withdrawal in Delhi High Court, calls move currency management exercise not demonetisation

The Reserve Bank of India (RBI) has defended its decision to abolish INR 2,000 banknotes from circulation, stating it was a currency management exercise rather than demonetisation. The plea made by lawyer Rajneesh Bhaskar Gupta argued that the RBI did not have the authority to make that decision, noting that the absence of a statement confirming whether the government agreed with the RBI's decision raised questions about whether the bank acted alone. , Economy News, Times Now

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