Unanswered Concerns: Probing the RBI's Notification on ₹2000 Banknote Withdrawal

Tue, 23 May 2023 04:41:00 +0000

On the evening of May 19, 2023, the Reserve Bank of India (RBI) issued a press release regarding the withdrawal of Rs.2000 denomination banknotes from circulation. The press note contains certain statements that have caused confusion regarding the rationale behind this decision. Following are the points mentioned by the RBI in the press note.