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‘Process of Rs 2,000 notes withdrawal will be non-disruptive’

The Reserve Bank of India (RBI) on Friday announced the withdrawal of Rs 2,000 denomination banknotes as part of its currency management and permitted the exchange of Rs 2,000 currency notes up to R 20,000 in one go from Tuesday onwards

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Reserve Bank Governor Shaktikanta Das

Reserve Bank Governor Shaktikanta Das

Reserve Bank Governor Shaktikanta Das on Wednesday said that RBI is monitoring the situation regularly with regard to the withdrawal of Rs 2,000 currency notes and expressed confidence that the entire exercise will be completed in a non-disruptive manner.

The Reserve Bank of India (RBI) on Friday announced the withdrawal of Rs 2,000 denomination banknotes as part of its currency management and permitted the exchange of Rs 2,000 currency notes up to R 20,000 in one go from Tuesday onwards.

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