DelhiDesk: Reserve Bank of India Governor, Shaktikanta Das, has explained that the withdrawal of the Rs 2,000 note is part of the country’s “Clean Note Policy”. He added that most of the notes are expected to be returned by the scheduled deadline of 30 September and confirmed that the Rs 2,000 note will continue to be legal tender. However, he stated that the bank will wait to see how many notes are returned before deciding on their validity.
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Here is the news bullets sorted by DelhiBreakings.com team.
π RBI governor explains the reason for withdrawing Rs 2,000 notes
π Withdrawal of Rs 2,000 notes is part of the currency management system of the Reserve Bank
π Most of the Rs 2,000 notes are expected to be returned by the deadline of 30 September
π Removal of Rs 2,000 note is part of the ‘Clean Note Policy’
π Rs 2,000 note will continue to be legal tender
π Validity of the note will be determined based on the number of notes returned by 30 September
π Decision on validity will be taken closer to the deadline.
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