The Reserve Bank of India (RBI) will discontinue all 2000 rupees banknotes with the method of denomination before 30 september 2023
The Reserve Bank of India (RBI) will discontinue all 2000 rupees banknotes with the method of denomination before 30 september 2023
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Despite being removed from circulation, the 2,000 notes will still be recognised as legal tender.
Despite being removed from circulation, the 2,000 notes will still be recognised as legal tender.
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The public may experience inconvenience and unease due to the withdrawal of the 2,000 notes, just as they did during the demonetization period.
The public may experience inconvenience and unease due to the withdrawal of the 2,000 notes, just as they did during the demonetization period.
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Individuals can deposit their 2,000 notes in their bank accounts or trade them in at any bank location for notes of different denominations.
Individuals can deposit their 2,000 notes in their bank accounts or trade them in at any bank location for notes of different denominations.
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Starting on May 23, 2023, there has a limit of 20,000 notes on the amount that can be exchanged at once.
Starting on May 23, 2023, there has a limit of 20,000 notes on the amount that can be exchanged at once.
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The RBI has sent a notice to all banks to provide deposit and exchange services for notes worth 2,000 rupees till September 30, 2023.
The RBI has sent a notice to all banks to provide deposit and exchange services for notes worth 2,000 rupees till September 30, 2023.
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The Reserve Bank of India's 19 regional offices will also offer an exchange service for notes up to 2,000 rupees.
The Reserve Bank of India's 19 regional offices will also offer an exchange service for notes up to 2,000 rupees.
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The printing of 2,000-yen notes was stopped in 2018–19, and their use has since drastically decreased.
The printing of 2,000-yen notes was stopped in 2018–19, and their use has since drastically decreased.
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Bank deposit accretion may slightly improve as a result of the elimination of 2,000 yen notes, which could have an impact on short-term interest rates.
Bank deposit accretion may slightly improve as a result of the elimination of 2,000 yen notes, which could have an impact on short-term interest rates.
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Under the Reserve Bank - Integrated Ombudsman Scheme (RB-IOS), 2021, people may file a complaint if they have any problems with the exchange or deposit process.
Under the Reserve Bank - Integrated Ombudsman Scheme (RB-IOS), 2021, people may file a complaint if they have any problems with the exchange or deposit process.