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The Reserve Financial institution of India (RBI) on Friday introduced to withdraw Rs 2000 be aware from circulation. The notes will proceed to be authorized tender until September 30.
To finish the train in a time-bound method and to supply sufficient time to the members of public, all banks shall present deposit and/or alternate facility for Rs 2000 banknotes till September 30, 2023, the RBI stated.
Separate tips have been issued to the banks.
The RBI has suggested banks to cease issuing Rs 2000 denomination banknotes with speedy impact.
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