Hope most ₹2,000 notes will return before set deadline, says RBI Guv
RBI Governor Shaktikanta Das says the Indian exchange system is quite robust, and that security features of ₹500 or ₹2,000 notes have not been breached so far
currency notes
May 2023
March 2023
January 2023
₹2,000 note can be exchanged for other notes up to ₹20,000 at a time: RBI
The banknotes in ₹2,000 denomination will continue to be legal tender, says RBI
Currency in circulation rises to ₹31.33 lakh cr from ₹13 lakh cr in 2014: Govt
The increase in currency was seen despite the Modi govt’s demonetisation drive in 2016, which was implemented to reduce the amount of relative cash in circulation in the country.
Why demonetisation verdict raises more questions than answers
By not questioning Centre’s contrarian economic wisdom, RBI’s acquiescence and its own delay of 6 years to decide the writs, the court has failed to bring checks and balances and prevent recurrence.
