Provide over-the-counter exchange facility for Rs. 2000 banknotes to public: RBI to Banks
May 22, 2023
Mumbai: The reserve bank of India has written to all the Chairman / Managing Director/ Chief Executive Officer regarding the withdrawal of ₹2000 denomination banknotes stating that the facility of exchange of ₹2000 banknotes across the counter shall be provided to the public in the usual manner.
Here are excerpts from the RBI circular :
In continuation to our circular DCM(Plg) No.S-236/10.27.00/2023-24 dated May 19, 2023 on the captioned subject, it is advised as follows:
2. The facility of exchange of ₹2000 banknotes across the counter shall be provided to the public in the usual manner, that is, as was being provided earlier.
3. Banks are advised to provide appropriate infrastructure at the branches such as shaded waiting space, drinking water facilities, etc. considering the summer season.
4. Banks shall maintain daily data on deposit and exchange of ₹2000 banknotes in the format given below and submit the same as and when called for.
Bank Name | Date | Amount of ₹2000 banknotes Exchanged | Amount of ₹2000 banknotes Deposited | Total Amount |
5. Please acknowledge receipt.
Related Stories
Recent Stories
- Stray bull attacks man in Bhachau, Kutch; CCTV footage surfaces
- In pictures: Upcoming Five-Star Hyatt Hotel at GIFT City, Gujarat
- Ahmedabad girl jumps from building after being blackmailed with intimate video; two booked
- Gujarat gets widespread rain on Saturday; Dwarka tops with 4.45 inches
- No RTO visit needed: Gujarat launches faceless learning license system
- Western Railway announces block on July 6; several Gujarat-passing trains to be affected
- IMD forecasts heavy rains in these parts of Gujarat till July 11 | Weather | मौसम | હવામાન