Going by the RBI press release, Rs2000 notes will continue to remain a legal tender, meaning one can use it for transactions. This wasn’t the case when noteban happened when notes were deemed invalid overnight.
Chennai, May 20 (IANS) Factors like increase in counterfeiting of Rs 2,000 denomination banknotes, people preferring lower denomination notes may also be the reasons for the Reserve Bank of India (RBI) announcing the gradual withdrawal of that note.
Addressing the gathering after the swearing-in ceremony of Siddaramaiah as Karnataka Chief Minister and his Cabinet, he said the PM Modi had no clue about the impact of his actions on the country.
RBI Rs 2000 note circulation ban news: The RTI reply received from the Bharatiya Reserve Bank Note Mudran (P) Ltd revealed said that 0 number of Rs 2,000 denomination currency note was printed in 2019-20, 2020-21 and 2021-22.
Rs 2000 Note Exchange Near Me: People are a bit confused and looking for easiest ways to exchange their notes near their residence. It was observed that many people were searching the nearest bank branches where they hold the account.