Reserve Bank of India (RBI) will withdraw a 2000 rupee note. However, it will remain legal tender. The Reserve Bank of India has advised banks to immediately stop issuing Rs 2000 notes. RBI said that till September 30, these notes would remain in legal currency (circulation). Those with Rs 2000 notes will have to exchange them from the bank.
RBI said that from May 23, you could exchange or deposit only Rs 2,000 notes up to Rs 20,000 at a time. For this, banks will have to open a special window. Also, 19 branches will be opened to exchange and deposit RBI notes. RBI told in the press release that in 2018-19 itself, the printing of Rs 2000 notes had been stopped.
When Were The Notes Of 2000 Thousand Rupees Brought?
In November 2016, after demonetisation, a note of 2000 thousand rupees was introduced. Notes of 500 and 1000 rupees were closed in demonetisation. During this, the government had said that this step had been taken to end corruption and to curb the fake notes being printed. On this, the opposition parties attacked the central government and said that the government had taken this decision without thinking.
What Did Congress Say?
Targeting the government on this, Congress has called it Tughlaqi’s decree. Congress leader Jairam Ramesh said that the speciality of our self-proclaimed Vishwaguru. Do the first and then think about the second. He said that after the Tughlaqi decree on November 8, 2016, 2000 rupee notes were introduced with much fanfare, and now they are withdrawing them.
