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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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Comrade
Sunny__123
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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Entertainer Entertainer
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It is indeed a very good step but taken very late.

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

Generous Generous
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All black money's in 2k note now they would exchange it for 500 note (they did same last time also 99% money returned to bank for a reason) which will indirectly cost rbi more to print those, already rbi lost thousands of crores printing new notes, now they have to print more 500 note joy cash circulation is at highest already joy

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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 Cadet Deal Cadet
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Nice try it dept

Deal Subedar Deal Subedar
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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.
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

Deal Cadet Deal Cadet
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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

Deal Lieutenant Deal Lieutenant
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IMG20230519204140
Benevolent Benevolent
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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

Deal Lieutenant Deal Lieutenant
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IMG20230519204140
Deal Lieutenant Deal Lieutenant
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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 
Deal Lieutenant Deal Lieutenant
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ये रही इसकी awkaat ।।।।20220326154747
Deal Subedar Deal Subedar
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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.


Deal Lieutenant Deal Lieutenant
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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..

Deal Lieutenant Deal Lieutenant
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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 ...
Deal Lieutenant Deal Lieutenant
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What's the intention of government in taking this step

Deal Subedar Deal Subedar
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papa_kancha wrote:

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

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

Helpful Helpful
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image


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Helpful Helpful
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image

2024 is coming...

Hunk Hunk
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Padh lo, sayad pata chal jaye why IMG-20230519-WA0028
Helpful Helpful
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popeyemask wrote:

What's the intention of government in taking this step

2024 election...

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.

Hunk Hunk
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IMG-20230519-WA0028
Deal Cadet Deal Cadet
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1 only

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