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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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The PostMighty The PostMighty
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Who says not valid or valid only in the bank? It is still a legal tender but has to be deposited / exchanged by September 2023. This is not demonetisation. It is because the majority of the '2000 denomination notes were issued prior to March 2017 and are at the end of their estimated life-span of 4-5 years. In pursuance of the "Clean Note Policy" of the Reserve Bank of India, it has been decided to withdraw the '2000 denomination banknotes from circulation.

Deal Newbie Deal Newbie
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Good decision

Vanguard Vanguard
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It was the hardest note to purchase goods in the market...no one had the change for this note for a smaller amount product

Deal Cadet Deal Cadet
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They might bring even bigger note like 3000/5000 so that buying voters will be easy just like how they did for 2017 UP elections. MASTERSTROKE

Note : Only Assumption 

Deal Subedar Deal Subedar
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Nice move

Shopping Friend Shopping Friend
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IMG20230519204140
Community Angel Community Angel
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This pink 2k guy died too early shortest life span note btw I already got rid from these notes long ago

Entertainer Entertainer
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If you keep 2000₹ and 100₹ note together for few months, you will find one extra 20₹ note 😅

Shopping Friend Shopping Friend
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IMG20230519204140
Shopping Friend Shopping Friend
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तनिक समझे पहले बोला की 2000का नया नोट सही रहेगा अब वापस ले लिया तुमको कुछ समझ आया या हम बोले IMG20230519210402 
Shopping Friend Shopping Friend
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ये रही इसकी awkaat ।।।।20220326154747
Deal Cadet Deal Cadet
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Bade saare post kar rahe ho. Arre 2014 ke baad toh Kam hi value drop Hui hai. Main devalue toh sabki internet PE favourite congress ne kar rakhi hai. 

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Generous Generous
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Karanataka election ke gam me. 😉

Benevolent Benevolent
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RBI had stopped the printing of ₹2,000 banknotes in 2018-2019 itself. So notes printed only for 1-1.5 years. All high cost printing machinery lying idle and tax payers money wasted.


Shopping Friend Shopping Friend
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Banking system kabhi bandh ni karegi sarkaar ....

Just learn few things

How this banking system is used for fraud ,

What is fiat currency , can we print this with or without gold or unlimited printing ....

Govt. Will never decentralise it's power ...
They banned and put strict orders on digital currency and now they are ready with there rupay digital currency dollar..

Shopping Friend Shopping Friend
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Hi..
Can anyone help me what govt. Is trying to do ...
Earlier alsodemonetisation was failure ..
What will happen with this move by govt ...
Shopping Friend Shopping Friend
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What's the intention of government in taking this step

Helpful Helpful
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2024 election...

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Helpful Helpful
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Helpful Helpful
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image

2024 is coming...

The PostMighty The PostMighty
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Padh lo, sayad pata chal jaye why IMG-20230519-WA0028
Shopping Friend Shopping Friend
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Bata to do yaar itna ni samajh aata

Generous Generous
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whenever there is RBI in news.....

Benevolent Benevolent
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&pp=ygUTanVtbGUgbGVsbyBqdW1sZSBqaQ%3D%3D

Entertainer Entertainer
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Bahut demand rehta hai 2000₹ notes ka Banks mein. Factory waale khade rehte hein teller cabin ki side mein, jaise hi koi deposit karta hai 2000₹ ka note fatt se teller ko side mein rakhne ko bolte hein. 7-8 lakhs rs ke bundle banwa ke lete hein woh bhi bina gine.

Helpful Helpful
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Kafi paise wale lagte ho
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The PostMighty The PostMighty
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IMG-20230519-WA0028
Deal Cadet Deal Cadet
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1 only

Benevolent Benevolent
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Lamination kardo bhai...

Generous Generous
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It is indeed a very good step but taken very late.

Shopping Friend Shopping Friend
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Y ??  Earlier also when they introduced 2000 rs note that time also it was very good plan  and now what happened to the same action ... Earlier they introduced  2000 rs note  with a tagline this will  remove corruption ..

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Generous Generous
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When it was introduced, I criticized it... now they are banning and I am appreciating it. Simple -)

Shopping Friend Shopping Friend
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Y any basis for this

Generous Generous
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Isme hot kya hai bhai 😂

Generous Generous
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Masterstroke

Shopping Friend Shopping Friend
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How

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Deal Subedar Deal Subedar
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100360919

  • The central bank has asked people to deposit the Rs 2,000 banknotes into their accounts and/or exchange them into banknotes of other denominations at any bank branch.
  • Exchange facility for Rs 2,000 bank notes up to Rs 20,000 at a time would be available from May 23, said an RBI statement.


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

Generous Generous
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Masterstroke

replyuser
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