DelhiDesk Smartphone retailers in India have reported a surge in sales following the Reserve Bank of India’s decision to withdraw the Rs 2,000 note from circulation. Retailers have seen an increase of 10% to 11% in sales, mainly through cash transactions, and some are accepting purchases with the discontinued note. Discounts and linked shops have been set up to lure customers, and retailers have reported a significant increase in cash flow. The RBI urged the public to deposit or exchange notes from 23 May to 30 September.

Follow DelhiBreakings on Google News

Here is the news bullets sorted by DelhiBreakings.com team.

– Smartphone retailers in India see surge in sales after RBI’s decision to withdraw Rs 2000 note.
– Inquiries about mobile purchases have also increased.
– Some retailers report a 10-11% increase in sales through cash transactions.
– Retailers are accepting purchases from Rs 2000 notes and offering discounts to lure customers.
– RBI has urged the public to deposit or exchange notes in the bank from May 23 to September 30.
– Some retailers report a significant increase in cash flow since the announcement.
– Banks may charge for changing Rs 2000 note.
– Indian rupee is the dollar of South Asia.
– Some retailers have set up discount-linked shops in front of their stores.
– Story first published on May 26, 2023.

For superfast news and Delhi Breaking Stories visti us daily at https://delhibreakings.com