2000 Rupee Note: The Reserve Bank of India has issued a circular making it clear that it will withdraw 2000 rupee notes. But, it has also been said by the RBI that there is no need for the common people to worry about this.
RBI has taken this decision under the Clean Note Policy. Explain that these notes can be returned to the bank till 30 September. RBI has also issued guidelines in this matter. It has been said that people should not unnecessarily crowd the bank. 4 months time has been given for note withdrawal, which is sufficient.
Reserve Bank of India Governor Shaktikanta Das said that we have given 4 months time. Change notes easily. Don’t crowd the bank. We have given the deadline so that people take it seriously. People whose notes could not be deposited or changed on the fixed deadline. We will decide on that later.
all problems will end
Das further said that if any kind of problem arises, we will remove it. RBI will also monitor this process through banks. There is nothing to worry about in this. Under the currency management operation, the work of removing 2000 notes from circulation has been started. There will be no shortage of other notes in the market at all. 2,000 rupee notes were already not accepted in small shops. The Reserve Bank of India has already said that even after September 30, these 2000 notes will remain legal tender. By September 30, most of the notes will come to us and then we will decide on it later.
Note ban is not there, this note is still running
RBI has made it clear that you still should not consider demonetisation regarding Rs 2000 note. Understand in clear words that you can run this 2000 rupee note in the market right now. You can buy stuff from it. You can do a transaction of Rs 2000 with anyone. These are completely valid till 30 September. No one can refuse to take it.