Withdrawal of Rs 2000 notes part of currency management, notes will remain legal, no need to rush for exchange: RBI Governor
Monday, July 14, 2025
  • Careers
  • Janam TV Malayalam
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Services
Janam TV English
  • ‌
  • News
    • Kerala
    • India
    • Gulf
    • World
  • Business
  • Defence
  • Tech
  • Science
  • Health
  • Sports
  • Entertainment
  • ‌
    • Travel
    • Lifestyle
    • Auto
    • Podcast
    • Guest Column
No Result
View All Result
  • ‌
  • News
    • Kerala
    • India
    • Gulf
    • World
  • Business
  • Defence
  • Tech
  • Science
  • Health
  • Sports
  • Entertainment
  • ‌
    • Travel
    • Lifestyle
    • Auto
    • Podcast
    • Guest Column
No Result
View All Result
Janam TV English
No Result
View All Result
  • News
  • Business
  • Defence
  • Health
Home News India

Withdrawal of Rs 2000 notes part of currency management, notes will remain legal, no need to rush for exchange: RBI Governor

by Janam Web Desk
May 22, 2023, 04:59 pm IST
in India

Mumbai: RBI Governor Shaktikanta Das said that Rs 2000 currency notes have been withdrawn with specific objectives. He said that Rs 2,000 was introduced with the primary purpose of quickly restoring the value of Rs 500 and Rs 1000 currency notes taken out of the system via demonetization.

Shaktikanta Das stated that the decision to withdraw Rs 2000 currency notes is part of the currency management operation of Reserve Bank of India. The RBI will see how much of these notes come back to banks, and then decide on possible extension of the September 30 deadline, Das said. He also said that the people need not rush to banks to exchange the notes as they have four months of time.

Rs 2000 notes would continue to be legal. “The withdrawal of 2,000-rupee notes will have a very marginal impact on the economy. 2,000 notes were hardly used, so economic activity will not be impacted,” he said. “There are more than enough notes of smaller denomination in circulation”, stated RBI Governor.

 

 

Tags: FEATUREDShaktikanta DasRS 2000 NOTESEXCHANGERBI GOVERNORWITHDAWNLEGAL TENDER
Share20TweetSendShareSendShare

Comments

Refrain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks, name calling or inciting hatred against any community. Keep the conversation civil.

Related News

Kerala

Maoist attack in Wayanad: Police register case under UAPA

Kerala

Members of a pro-CPI(M) organization boycotts election and goes vacationing to protest against policies of left government

India

ABVP submits memorandum to RBI governor demanding strict action against unlawful freezing of Bihar State Universities’ Bank Accounts

Latest News

Weapons spotted in a vehicle used for election campaign of CPI(M)’s Alathur candidate K Radhakrishnan

ABVP writes to NBEMS Chairperson demanding reduction in GPAT-2024 application fee

Congress helped PFI and received their support in return; Communists are vying for PFI support: Says Amit Shah in Alappuzha

Police remove boards welcoming BJP leader K Annamalai to Wayanad

Maoists order locals in a village at Wayanad to boycott the election

Sandeshkhali horror: ABVP sends 6-point memorandum to President Murmu, demands deployment of central forces at Sandeshkhali

Ex-serviceman, whose leg was chopped off by CPI(M), campaigns for Alappuzha NDA candidate Shoba Surendran

Surendran says there is conspiracy behind police action to block image of Lord Ram during Thrissur Pooram

  • Careers
  • Janam TV Malayalam
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Services

© Janam Multimedia Limited

No Result
View All Result
  • ‌
  • News
    • Kerala
    • India
    • Gulf
    • World
  • Business
  • Defence
  • Tech
  • Science
  • Health
  • Sports
  • Entertainment
  • ‌
    • Travel
    • Lifestyle
    • Auto
    • Podcast
    • Guest Column

© Janam Multimedia Limited