rs 2000 notes – pressnews

[ad_1] The RBI said it had asked banks to stop issuing Rs 2,000 notes with immediate effect.Dubai: Several Indians in the Gulf nations are having a harrowing time ever since the Indian government decided to withdraw the Rs 2,000 notes from circulation, with a lot of them saying that the banking institutions in the region are claiming to be not aware of the policy change.On May 19, the Reserve Bank of India (RBI) made a surprise announcement of the withdrawal of Rs 2,000 currency notes but gave the public time till September 30 to either deposit the Rs 2,000 notes in accounts or exchange them at banks.The RBI said it had asked banks to stop issuing Rs 2,000 notes with immediate effect.In the UAE, Indians are facing a tough time getting Rs 2,000 notes exchanged.Among many is Firoza Sheikh ...

[ad_1] India will begin withdrawing its highest value currency notes from circulation, as announced by the central bank on May 20, 2023. The Reserve Bank of India (RBI), along with other banks and its 19 regional offices, will initiate the exchange of Rs 2000 notes for lower denomination notes starting from May 23. Individuals can exchange or deposit their Rs 2000 notes into their bank accounts until September 30. The announcement generated a wave of memes on the internet, including one from Amul, the popular dairy brand known for its quirky topicals. In their latest topical, Amul depicted their mascot at a money exchange counter, holding a Rs 2000 note in one hand and butter in the other. The headline read, "Now you currensee it, now you don't," and below the brand's logo, they added, "...

Tag: rs 2000 notes

Why Indians In Gulf Are Having A Tough Time Over Rs 2,000 Notes

Amul Shares Quirky Topical On RBI’s Decision To Withdraw Rs 2000 Notes