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Breaking: RBI to withdraw Rs 2,000 currency notes from circulation
Updated On: 19 May, 2023 07:19 PM IST | Mumbai | mid-day online correspondent
RBI in its statement further said that exchange facility for Rs 2,000 bank notes up to Rs 20,000 at a time would be available from May 23
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The Rs 2000 banknote, a denomination of the Indian rupee, was introduced by the Reserve Bank of India (RBI) on 8 November 2016
The Reserve Bank of India in statement on Friday said that it will withdraw Rs 2,000 currency notes from circulation and that the notes will continue to be legal tender till September 30.
"RBI asks banks to provide deposit and/or exchange facility for Rs 2,000 notes until September 30, 2023," read the statement.
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