Mumbai: The Reserve Bank of India (RBI) said yesterday that 88 percent of the country’s highest denomination 2,000-rupee currency notes — worth 3.14 trillion rupees — have been returned since its decision to withdraw them from circulation. The RBI said in May 2023 that it would withdraw these high-value notes, permitting their exchange or deposit…
Asks all to exchange or deposit them by Sept. 30 New Delhi: The Reserve Bank of India (RBI) made an announcement last evening regarding the withdrawal of Rs. 2,000 note, the highest value currency note in circulation. However, the RBI clarified that these notes would still be considered legal tender. Existing Rs. 2,000 notes can…
Mysuru: Incidents of fake Rs. 2,000 currencies being circulated has come to light in city. Incidents of a fake Rs. 2,000 note being given as payment for water bill by a consumer in Azeez Sait Nagar and a person giving a fake Rs. 2,000 currency at a medical store on purchase of medicines and taking…
Mysuru: It seems that demonetisation of high value currencies which was implemented to stop circulation of fake currencies has no effect on miscreants as a businessman in city has received a fake currency of Rs. 2,000 denomination by a customer recently. The businessman came to know that the currency was fake, when he went to…
Recently, a State Bank of India (SBI) ATM in Delhi allegedly dispensed fake Rs. 2,000 notes. While the Police are investigating the source, SBI says it has a system to monitor the quality of notes and “the possibility of fake notes from the Bank’s ATMs is very remote.” The fake note in this case was…
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