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RBI announces temporary halt to Rs 2,000 banknote exchange/deposit on April 1

By Economic Times - 8 months ago
The Reserve Bank of India (RBI) has announced that the facility to exchange or deposit Rs 2,000 banknotes will not be available on Monday, April 1, 2024, due to operations associated with the annual closing of accounts. This facility will resume on Tuesday, April 2, 2024, at the 19 issue offices of the RBI. The RBI had previously announced the withdrawal of Rs 2,000 denomination banknotes from circulation on May 19, 2023.

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