May 19, 2023, 07:35PM ISTSource: TOI.in
The Reserve Bank of India has withdrawn the Rs 2,000 denomination notes from circulation. Although the notes will continue to remain legal tender, and people can exchange these notes at bank branches or can deposit these into their accounts. The RBI has asked banks to immediately stop issuing Rs 2,000 notes while dispensing cash to customers. Members of the public will have time till September 30 to exchange their notes.