DelhiDesk The Reserve Bank of India (RBI) has decided to withdraw the Rs 2000 pink note from circulation, but has stated that the notes will remain valid for now and can be easily exchanged. The last date for exchanging the notes has been fixed by the RBI, but questions still remain about how individuals without bank accounts can exchange their notes. The RBI has clarified that individuals without bank accounts can go to any branch of the country and exchange up to Rs 20,000 of the notes, and the facility of exchange will be free of cost. The bank has been told to stop issuing the Rs 2000 note with immediate effect.
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Here is the news bullets sorted by DelhiBreakings.com team.
– RBI has decided to withdraw Rs 2000 pink note from circulation
– The notes will remain valid for now and can be exchanged easily
– People without bank accounts can exchange their notes at any branch up to Rs. 20,000
– The facility of exchange of notes will be free of cost
– The last date for exchanging notes is from May 23 to September 30
– The bank will no longer issue 2000 rupee notes to people
– It is not necessary to have a bank account to exchange 2000 rupee notes
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