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

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Reserve Bank of India has advised banks to stop issuing Rs 2000 denomination banknotes with immediate effect though banknotes in Rs 2000 denomination will continue to be legal tender.

Exchange of Rs 2000 banknotes into banknotes of other denominations can be made upto a limit of Rs 20,000 at a time at any bank starting from May 23, 2023, says RBI

All banks shall provide deposit and/or exchange facility for Rs 2000 banknotes until September 30, 2023: RBI20230519191508 20230519191511

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Super Stud Super Stud
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It seems that inbuilt Chip of ₹2000 notes didn't work.

Pro Tech Guru Pro Tech Guru
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😥Indeed 

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Deal Cadet Deal Cadet
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Regarding 2000 rs note was not valid from tomorrow 
Finance Ninja Finance Ninja
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Biggest Mistake of them!

Didn't they think of it? Like,You are Demonetizing the Currency and You Launched the 2000₹ Note when already 1000₹ Note was Much useful (They thought to Curb the Corruption,Scam,Black Money) we will launch this but Now more and more people can handle Lakhs-Crores of Money in just a Bag. Already from 2020,They stopped printing the Currency Notes of 2000₹ and Now the Literally Stopped it! Kudos to them

Shopping Friend Shopping Friend
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When u can think  this they know it better, they have economist in there  panels they know the pros and cons already...

What's the real reason behind this action media will never show it ...

Deal Cadet Deal Cadet
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According to the RBI services 2000 notes had to be reversed to the bank only 20,000 rupees had to be deposited by one person there is only 10.8percent  is in  the circulation so this is another work to change money  so only common people should again stand in the lines and fight for our money so people should suffer for changing the money this is the another demonization of 2000rupees.
Deal Subedar Deal Subedar
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Bandar sirf Gulati maarna jaanta h. James Bond Samajne ki galti na kare😎😁

Pro DealBaba Pro DealBaba
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Share the source of this news, dont spread false news

Finance Mentor Finance Mentor
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Just curious to know what is your position regarding 2000 notes? 

Since 2021 I am avoiding keeping 2000 notes and as of today I have zero 2000 notes. 😂

What is your position today? 😂

Avant Garde Avant Garde
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Just converted 390 notes

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Deal Cadet Deal Cadet
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This is not a false news  RBI has given a circular

Helpful Helpful
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Listen to this - To remove large denomination currency in circulation, the government with its unlimited resources and wisdom, banned 500 and 1000 notes and launched 2000 and cash in circulation is higher than pre demonetisation. ₹2000 notes are nowhere to be seen.

Deal Cadet Deal Cadet
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Bhai market se gayab ho gaya hai wo note😁

Bank mein bhi nhi milta hai ab.🤫

Helpful Helpful
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10230198030842775049879782146658284302130961n

Commentator Commentator
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Comment No Longer Exist
Helpful Helpful
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 😭 😂

Deal Captain Deal Captain
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Common  people  don't  have  bundles and bundles of Rs 2000  notes . So  don't   create  panic  unnecessary.

It can be deposited  in banks till September  and are still valid Legal Tender .

However Banks are instructed to not give 2000 notes to public with immediate  effect

Deal Captain Deal Captain
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Maybe  2 - 3 Notes.

Rs 2000 notes are less in transaction  and more in godowns thatswhy  now  only way is to go thru bank deposit for those bundles and bundles  holders

Pro Community Angel Pro Community Angel
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None at home. Had given a loan to someone, now hope to get that money back toungueout

Pro Analyst Pro Analyst
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How many bundles given? stuck_out_tongue_winking_eye

Vanguard Vanguard
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I have 0

Blogger Blogger
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0

Cool Cool
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So, that's why in the Digital Rupee app, it shows Rs 2k note but when you load it, it converts it into Rs 200*10 notes. 

Finance Ninja Finance Ninja
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Seriously ? i didn't use Digital rupee yet.
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Deal Cadet Deal Cadet
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Valid only in banks not invalid

Deal Newbie Deal Newbie
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Wrong newS


no notes in circular from the bank to common man. 

Banks will stop accepting it from 30 sep


Deal Cadet Deal Cadet
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A big Zero.

Deal Subedar Deal Subedar
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Zero , as no use commonly for cash payment

For bigger transactions mostly use online payments

Brand Enthusiast Brand Enthusiast
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@ Op, update your description. It is very misleading.

Benevolent Benevolent
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25

Deal Subedar Deal Subedar
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Zero
Deal Cadet Deal Cadet
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00000 only

Deal Cadet Deal Cadet
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Which stock market share going to benefit by 2000 rs ban

Helpful Helpful
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I have a few 500 and 1000 notes, and I know of so many who have been left with these notes.

Deal Subedar Deal Subedar
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I want to buy one 500 and one 1000 note (demonetized ones) for my collection. Willing to pay 10% value. 😄

Deal Cadet Deal Cadet
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Nice try it dept

Deal Hunter Deal Hunter
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People may deposit Rs 2,000 notes into their bank accounts or exchange them into notes of other denominations at any bank branch from May 23, 2023. RBI announced its decision to withdraw Rs 2000 notes from circulation on Friday, May 19.
However, the currency holder will need to exchange them on or before 30th September, 2023.
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