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BREAKING: Another demonetization- 2,000 Notes To be withdrawn, Exchange by 30 September

 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.

 

 

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