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Saturday, Jun 28, 2025
Onmanorama answers some of the frequently asked questions about the exchange process of Rs 2000 notes.
Most of the Rs 2,000 notes that were withdrawn expected to be returned by September 30 deadline, says Shaktikanta Das
Public can exchange Rs 2,000 notes up to a limit of Rs 20,000 at a time without a requisition slip, State Bank of India said
The decision comes following the Reserve Bank of India's statement directing all banks to halt the circulation of Rs 2,000 currency notes.
The Kerala Tourism department has used a piece of misinformation regarding the Rs 2000 note and turned into into a meme.
The RBI on Friday announced the withdrawal of Rs 2,000 currency notes from circulation, and existing notes in circulation can either be deposited in bank accounts or exchanged by September 30.
However, the banknotes in Rs 2,000 denomination will continue to be legal tender, the RBI said in a statement.
In the concluding part of the series on account freeze, Onmanorama looks at the options before the victims.
This was the lowest reading since December 2021 which was at 5.59 per cent.
The budget documents reveal the State’s plan to borrow Rs 25,646 crore from the open market during the financial year.
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