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Friday 19 May 2023

RBI to withdraw Rs 2000 currency note from circulation but it will continue to be legal tender.

RBI to withdraw Rs 2000 currency note from circulation but it will continue to be legal tender.




BIG NEWS / Circulation of 2000 notes stopped, can be changed in banks till September 30, big decision of Reserve Bank of India


The Reserve Bank of India has taken a big decision on the 2000 rupee currency note. RBI announced to stop circulation of Rs 2000 notes, however Rs 2000 notes in the market will remain in circulation



An end to all the speculations on the 2000 currency note

RBI has announced to stop the circulation of 2000 notes

Circulation will stop but 2000 note will remain valid in circulation


Reserve Bank of India has ended all speculations on 2000 currency notes, RBI has announced to stop circulation of 2000 notes, let us tell you here that circulation will stop but 2000 notes will continue to be in circulation and all 2000 notes existing in the market are valid. will be


'Clean Note Policy'

The Reserve Bank of India has decided on the largest currency note, according to RBI, the 2000 rupee note will remain legal tender but its circulation will be stopped. The Reserve Bank of India has advised various banks in the country to stop circulation of Rs 2000 notes with immediate effect. Let us tell you here that the Reserve Bank has taken this decision under the 'Clean Note Policy'. In the year 2016, after the demonetization by the Reserve Bank, the Reserve Bank issued a 2000 rupee note.






 


  

2 thousand notes can be exchanged in the bank till September 30

Demonetization was implemented in the country on 8 November 2016 and the government stopped 500 and 1000 notes and announced 500 and 2000 notes, demonetization was implemented to put a brake on black money. Even after demonetization, complaints of black money printing 2000 notes increased. . Hoarding increased as 2000 note occupied less space. RBI also used to receive many complaints about hoarders. Once again to put a brake on black money, the circulation of 2000 notes has been stopped. However, the 2 thousand note can be exchanged at the bank till September 30.




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