World Business

RBI to withdraw Rs 2,000 notes from circulation; notes can be exchanged, deposited till September 30

KATHMANDU: The Reserve Bank of India (RBI), on May 19, decided to withdraw ₹2,000 note from circulation. However, the banknotes in ₹2,000 denomination will continue to be a legal tender. Unlike the November 2016 shock demonetisation when old ₹500 and ₹1,000 notes were invalidated overnight, the ₹2,000 notes will...

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