The Live Ahmedabad
  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured

The Live Ahmedabad

  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured
Ahmedabad TrendingNation

After September 30 what will happen to Rs 2000 notes?

by TLAteam May 20, 2023May 20, 2023
written by TLAteam May 20, 2023May 20, 2023
After September 30 what will happen to Rs 2000 notes?

The Reserve Bank of India (RBI) has confirmed that the high-denomination notes will continue to be considered legal tender even after September 30, 2023, clearing up any potential confusion regarding their status. The public can continue to use 2000 banknotes for typical transactions, according to the RBI’s Frequently Asked Questions (FAQs). There are no limitations on who can use them for their own transactions or accept them as payment.

Business News

However, the RBI encourages the public to deposit and/or exchange their Rs. 2000 banknotes on or before September 30, 2023.

“Rs. 2000 currency note will remain legal tender after September 30 too. RBI expects that 4 month time is enough for people to exchange notes with the banks. Most of the Rs. 2000 notes that are in circulation will return to banks within the given time frame of September 30. This is a routine exercise of RBI and people need not panic,” as per sources.

To facilitate the process, the central bank has advised the public to approach their respective bank branches after May 23, 2023, for depositing and/or exchanging the Rs. 2000 denomination banknotes they hold. The facility for depositing into accounts and exchanging for Rs. 2000 banknotes will be available at all banks until September 30, 2023.

AhmedabadAhmedabad cityAhmedabad newsGujaratGujarat newslatest news
0 comment
previous post
RBI to withdraw Rs 2,000 currency notes from circulation, but will continue as legal tender
next post
Ahmedabad’s 146th Rath Yatra receives a technological upgrade

You may also like

Mumbai Rains: IndiGo Issues Advisory Amid Flight Delays...

July 15, 2025

Tesla Enters Indian Market with First Showroom in...

July 15, 2025

Watch: Dragon Spacecraft Carrying Shubhanshu Shukla Makes Splashdown...

July 15, 2025

Fake HRA, EV Loans, Political Donations: I-T Dept...

July 14, 2025

Panic on Delhi-Srinagar SpiceJet Flight After Mid-Air Drop...

July 14, 2025

Railways to Install CCTV Cameras in Coaches to...

July 13, 2025

NHAI to Blacklist Improper FASTags in Major Crackdown...

July 13, 2025

Amazon Challenges Blinkit, Zepto with Launch of 10-Minute...

July 12, 2025

Earth’s Rotation Surprises Scientists With Fastest Day on...

July 10, 2025

Smartphone Brands Offer Big Discounts to Clear Extra...

July 9, 2025

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Business News

Recent Posts

  • Samsung India Begins Pre Orders for Galaxy Z Fold7, Galaxy Z Flip7 – The Most Advanced Galaxy Z series yet

    July 15, 2025
  • Mumbai Rains: IndiGo Issues Advisory Amid Flight Delays and Low Visibility at Airport

    July 15, 2025
  • Tesla Enters Indian Market with First Showroom in Mumbai, Launches Model Y Electric SUV

    July 15, 2025
  • 16 Private School Teachers in Gujarat Resign After Being Caught Taking Private Tuitions

    July 15, 2025
  • Watch: Dragon Spacecraft Carrying Shubhanshu Shukla Makes Splashdown Landing

    July 15, 2025
May 2023
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
293031 
« Apr Jun »
The Live Ahmedabad
Footer Logo
  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured
  • Privacy Policy
  • Disclaimer
  • Cookie Policy
  • Terms of use
  • Advertise with Us
  • Work With Us
  • Contact Us

© 2021 - The Live Ahmedabad. All Rights Reserved.