RBI to withdraw Rs 2,000 currency notes from circulation, tender valid till Sep 30

1 min read
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The RBI (Reserve Bank of India) has decided to withdraw Rs 2,000 rupees notes.

RBI has also asked banks to provide deposit and/or exchange facility for Rs 2,000 notes until September 30, 2023.

Reserve Bank of India explained the rationale behind the move being “banknotes in other denominations are available in adequate quantities”.

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