Tag: 2000 Notes

88 percent of Rs. 2,000 notes returned; Sept. 30 last date
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88 percent of Rs. 2,000 notes returned; Sept. 30 last date

August 2, 2023

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…

RBI withdraws Rs. 2,000 notes from circulation
News, Top Stories

RBI withdraws Rs. 2,000 notes from circulation

May 20, 2023

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…

Watch Out! Fake Rs. 2,000 notes found in Mysuru
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Watch Out! Fake Rs. 2,000 notes found in Mysuru

February 9, 2018

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…

Businessman receives fake Rs. 2,000 currency note from customer
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Businessman receives fake Rs. 2,000 currency note from customer

November 20, 2017

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…

How to spot a fake currency note
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How to spot a fake currency note

March 7, 2017

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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