"Indians turn to gold and digital payments as Rs 2,000 notes phased out"
TL;DR Summary
Indians are finding ways to offload Rs 2,000 notes before they are withdrawn by the Reserve Bank of India. People are buying premium branded goods, rushing to petrol pumps, and even using the notes to pay for mangoes. Some shops are eagerly accepting the notes, while others are not. Fuel pumps are also seeing long queues with people using the notes to fill their tanks. The notes can be exchanged or deposited till September 30, 2023.
- Food delivery apps, fuel, mangoes, luxury watches: How Indians are offloading Rs 2,000 notes Indiatimes.com
- Watch: Why Jewellers Are Getting More Inquiries For Gold After RBI Withdraws Rs 2000 Currency Notes India Today
- Indian Banks Are Set for a Profit Boost on Bank Notes Withdrawal Bloomberg
- No rush or panic at bank branches as India discontinues 2000-Rupee notes CNA
- The withdrawal of ₹2,000 notes is short of a rational explanation | Mint Mint
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