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2000 Rupees Notes: Now 2 thousand notes will not be printed, RBI’s big decision

by Vikram Dave
19/05/2023
in Business
Reading Time: 2 mins read
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2000 Rupees Notes: Now 2 thousand notes will not be printed, RBI's big decision

New Delhi. A big decision has been taken by the RBI regarding the Rs 2,000 note. Actually, RBI has decided that now new notes of 2 thousand rupees will not be printed. Apart from this, you will be able to do economic transactions with the 2 thousand notes that you have. The existing notes of 2 thousand rupees in the market are completely valid. No restriction has been imposed on it, only RBI has decided not to print any other Rs 2,000 note. By doing this, the government is planning to bid farewell to the Rs 2,000 note from the market.

₹2000 Denomination Banknotes – Withdrawal from Circulation; Will continue as Legal Tenderhttps://t.co/2jjqSeDkSk

— ReserveBankOfIndia (@RBI) May 19, 2023

Please tell that RBI has also issued a notification in this context. At the same time, you can get another note in lieu of the existing 2 thousand note that you have by depositing it in the bank by September 30. Keep in mind that this decision has been taken by the government under the ‘Clean Note Policy’. For the first time after demonetisation, the government has taken such a decision, which will affect the public at large on the economic front. At the same time, it is believed that in order to curb black money, the government has decided not to print new Rs 2 notes.

Reserve Bank of India has advised banks to stop issuing Rs 2000 denomination banknotes with immediate effect though banknotes in Rs 2000 denomination will continue to be legal tender. https://t.co/yLWWpyuahL pic.twitter.com/kPTMqlm1XD

— ANI (@ANI) May 19, 2023

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