India to phase out 2000-rupee notes by September 30, 2023
TL;DR Summary
India's central bank, the Reserve Bank of India, has announced that it will begin withdrawing 2,000-rupee notes from circulation, although they will remain legal tender. People will be asked to deposit the notes in their bank accounts or exchange them for smaller denominations between May 23 and Sept. 30, and they will be able to exchange up to 20,000 Indian rupees at a time.
- India to withdraw 2000-rupee notes from circulation Reuters India
- Rs 2,000 Notes To Be Withdrawn, Exchange Them By September 30 NDTV
- Top news of the day: May 19, 2023 The Hindu
- RBI to withdraw Rs 2,000 notes from circulation, will continue as legal tender The Indian Express
- RBI withdraws ₹2000 note from circulation, to remain legal tender | Mint Mint
- View Full Coverage on Google News
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
0 min
vs 1 min read
Condensed
26%
87 → 64 words
Want the full story? Read the original article
Read on Reuters India