Bank notes of 2,000 denomination worth Rs 3.32 lakh crore have been received back by banks till August 31, according to data collated by the Reserve Bank of India (RBI).
Even in colonial India, the demand for an independent voice of the RBI had always been very strong. However, the RBI’s voice has been missing for quite some time, particularly since demonetisation, when there were several claims that the regulator was not consulted meaningfully.
People can deposit and exchange their Rs 2,000 notes at the bank from today, May 23 onwards. Watch this Visual Story to check SBI, PNB, HDFC Bank guidelines on Rs 2,000 note exchange, deposits.