RBI to Withdraw Rs 2,000 Notes from Circulation
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drishtiias.com
RBI to Withdraw Rs 2,000 Notes from Circulation
On May 19, 2023, The Reserve Bank of India (RBI) announced that it will withdraw the Rs 2000 denomination banknotes from circulation. While the existing notes will remain legal tender. The RBI has provided a generous timeframe, allowing individuals to deposit or exchange the notes until September 30, 2023
May 19, 2023
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