DelhiDesk The Reserve Bank of India (RBI) has decided to withdraw the ₹2000 note from circulation and banks have been instructed to stop issuing them. People can deposit or exchange the notes at any bank from 23 May 2023 to 30 September 2023. The RBI has clarified that the note will remain legal tender and can be used for purchases and payments. However, the circulation of the note has been decreasing over the years. The decision was taken on Friday, May 19, 2023.
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Here is the news bullets sorted by DelhiBreakings.com team.
– RBI has withdrawn the Rs. 2000 note from circulation
– Banks have been directed to stop issuing Rs. 2000 notes
– The note can be deposited or exchanged in any bank from 23 May 2023 to 30 September 2023
– The note will remain legal tender but will be out of circulation
– The note can be used for purchases and payments
– The circulation of Rs. 2000 notes had been decreasing in recent years
– The decision was made on Friday, May 19, 2023
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