Mobilenews24x7 Bureau
The Reserve Bank of India has taken a decision to withdraw the Rs.2000 notes.
It has directed banks to start taking ₹2,000 notes for exchange with lower denomination ones from 23 May.
The RBI) on 19 May, said it will withdraw 2k notes from circulation however, the note will remain a legal tender. People can either exchange or deposit them by 30 September, the RBI added.
The RBI has directed banks to start taking ₹2,000 notes for exchange with lower denomination ones from 23 May.
It has also ordered all banks to stop issuing ₹2,000 notes immediately.