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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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Deal Cadet Deal Cadet
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Great. smile

Notebandi 2.0 wink

Deal Subedar Deal Subedar
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Hope this one has a good strategy this time joy

If we're fortunate to see black money people in the bank queue for 2000 ka Note ka exchange

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Deal Cadet Deal Cadet
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Just wastage of public money.

Deal Cadet Deal Cadet
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only big businessman hold common peoples nothings hold

Deal Lieutenant Deal Lieutenant
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Ek 800 ka note hee chala do new

Deal Cadet Deal Cadet
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Since 500 and 1000rs notes were planned to be banned, they came up with 2000rs note as higher denomination. However after new 500rs note it was almost obvious that 2000 note will be taken away which is happening now. But the timing of this is debatable wink

The PostMighty The PostMighty
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0. Not seen 2k note since ages!

Deal Subedar Deal Subedar
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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: RBI

RBI to withdraw ₹2,000 currency notes from circulation, will continue to be legal tender https://www.businessinsider.in/finance/news/rbi...

The RBI has also advised banks to stop issuing ₹2,000 denomination banknotes with immediate effect. About 89% of the ₹2,000 denomination banknotes were issued prior to March 2017 and are at the end of their estimated life-span of 4-5 years.
The total value of these banknotes in circulation has declined from ₹6.73 lakh crore at its peak as on March 31, 2018 (37.3% of notes in circulation) to ₹3.62 lakh crore constituting only 10.8% of notes in circulation as on March 31, 2023.
“It has also been observed that this denomination is not commonly used for transactions. Further, the stock of banknotes in other denominations continues to be adequate to meet the currency requirement of the public. In view of the above, and in pursuance of the ‘Clean Note Policy’ of the RBI, it has been decided to withdraw the ₹2,000 denomination banknotes from circulation,” RBI said.
Commentator Commentator
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hope they don't release 5k note saying due to high prices and inflation, bribes also have been increased officially and this move is only to make work easy for citizens for government related works to be done quickly 😈

soon they will ban physical currency itself and ensure each of us have a bank account so that they can monitor all transactions and deduct TDS then and there and fund their party work instead of waiting for the big shots to fund them during elections and if their big money tank guys have made frauds then to cover up the bank loans in the name of bad loads write off they will increase debit card fees/MAB fines will go high as its easy to get 10k crores from people easily in the name of fine (100Rs from 100 crore bank accounts assuming they wantedly open/make people open bank accounts to curb cash transactions)...👿

Blaze Blaze
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Waste as much taxpayers money as possible...ban-print-ban... repeat.

Deal Cadet Deal Cadet
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plus1
Benevolent Benevolent
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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

Benevolent Benevolent
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Bro 500 also might be scrapped in favor of digital currency later.again just a speculation.
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Benevolent Benevolent
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Good morning madam 😄

Benevolent Benevolent
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@Birla.Veena

ba49cd8d-f91f-44f2-8d8a-e53b4d1af08etext

Freebie Finder Freebie Finder
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Govt introduces ₹2000 note*

Media: Masterstroke

Govt withdraws ₹2000 note*

Media: Masterstroke

Freebie Finder Freebie Finder
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Govt introduces ₹2000 note*

Media: Masterstroke

Govt withdraws ₹2000 note*

Media: Masterstroke

Deal Lieutenant Deal Lieutenant
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Tell ill vision

Freebie Finder Freebie Finder
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Ab 2000 note ki chip ka kya hoga ?

Deal Hunter Deal Hunter
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Chip will be replaced with Chatgpt Ai technology 

Deal Hunter Deal Hunter
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Na 2016 me black money aaya 

Na 2023 me black money aayega

Na 2016 me corrupt logo ko pareshani huyi thi 

Na 2023 me corrupt logo ko pareshani hogi

Its always common people suffer the most.

Government have done many good job , but this is one of the worst one 

Deal Cadet Deal Cadet
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2000 note is still valid till Sep end
I don't think common people would have lakhs of rupees in denomination of 2000 notes
If not - can easily deposit in bank in next few months common man doesn't loose anything in this case
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Deal Hunter Deal Hunter
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hf

Part 2 possible??

Deal Subedar Deal Subedar
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Thank God

I checked

No 2000 currency notes in my possession20230520032921

Tech Guru Tech Guru
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Ek do bundle de dijie eise hi. Itna Paisa lekar kya insaan swarg jaega. 🐒

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Pro Entertainer Pro Entertainer
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CC:- i forgot his name. the person who posts this meme in repeatedly 

th-7031734

Pro Entertainer Pro Entertainer
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they should bring back the 1000 note (no change to its structure). very good note. gave meaning to have 1000 rupee unlike the 2k which is small and doesn't give the feeling of that 2k🥺

Entertainer Entertainer
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Accha did anyone notice the coincidence? After Notebandi announcement of 2016, Modiji was in Japan. Now again he is in Japan. Yeh sab puraane notes ka paper Japan khareed leta hai kya? 🤣🤣

Benevolent Benevolent
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Tagging japan expert @Tanmayyy sakimoto
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