Page 4 - Rs 2000 Note

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Here's why RBI has withdrawn Rs 2,000 notes and what you should do next

The RBI said that it is a routine exercise and people need not panic

CPI MP hits out at govt over withdrawal of Rs 2,000 notes from circulation

CPI MP Binoy Viswam on Friday hit out at the government over the RBI's announcement to withdraw Rs 2,000 currency notes from circulation, saying a white paper on the country's economy should be brought out to show the effects of demonetisation. The Rs 2,000 denomination bank note was introduced in November 2016, primarily to meet the currency requirement of the economy in an expeditious manner after the withdrawal of legal tender status of all Rs 500 and Rs 1,000 bank notes in circulation at that time. "Tuglakhs control the financial sector of the country. They have withdrawn the Rs 2,000 notes. They may argue that this shows the strength of the economy under Modi. Are they dare enough to bring out a white paper on Indian economy after the demonetisation?" Viswam said in a tweet. The Reserve Bank of India (RBI) on Friday announced withdrawal of Rs 2,000 currency notes from circulation, and existing notes in circulation can either be deposited in bank accounts or exchanged by Septemb

BJP's Sushil Modi demands to 'phase out' 2,000 rupee notes in Rajya Sabha

A demand to gradually phase out 2,000 rupee currency notes was made in the Rajya Sabha on Monday with BJP MP Sushil Kumar Modi saying citizens holding such banknotes should be given two years to deposit it. Raising the issue through a zero-hour mention, he said 2,000 rupee notes have vanished from most ATMs in the country and there are rumours that they may not be legal tender soon. "The government has to clarify on this," he said, adding the RBI stopped printing the 2,000 rupee currency notes 3 years back. The 2,000 rupee currency note along with a new 500 rupee note was introduced when the government overnight demonetised old 500 and 1000 rupee notes. "There was no logic of bringing a 2,000 rupee note when 1,000 rupee note circulation was stopped," he said and went on to cite examples of developed nations that do not have currency notes of higher denomination. He said 2,000 rupee notes are being hoarded and are often used in illegal trades such as that drugs, and money ...

Rs 2,000 notes not printed in last 2 years: Govt in Lok Sabha

The notes have not been printed in the last two years even as the quantum of India's highest denomination currency note has come down

No decision to discontinue printing of Rs 2,000 currency note: FinMin in LS

The Finance Ministry on Saturday informed the Lok Sabha that no decision has been taken to discontinue the printing of Rs 2,000 denomination currency notes

Cost of Rs 2000 note falls 65 paise per piece in 2018-19: Official data

The selling price of Rs 200 note per piece declined to Rs 2.15 in 2018-19 compared to Rs 2.24 in 2017-18

Another demonetisation? FM mum on question of scrapping of Rs 2,000 notes

Opposition parties in the Rajya Sabha asked if the govt was now planning to scrap the Rs 2,000 notes

New Rs 500, 2,000 notes designed with enhanced security features

The government on Tuesday had demonetised the Rs 500 and Rs 1,000 notes

Images of supposed new Rs 2,000 notes emerge on Twitter

While media reports had said that such a note would be introduced, no official confirmation has been received yet