The Reserve Bank of India (RBI) has recently announced the withdrawal of the Rs 2,000 currency notes as part of its “Clean Note Policy.” However, these notes will continue to be accepted as legal tender until September 30, according to the RBI. To facilitate the process, the RBI has requested banks to provide deposit and exchange services for Rs 2,000 banknotes until September 30, 2023.
Starting from May 23, individuals can exchange their Rs 2,000 banknotes for other denominations up to a limit of Rs 20,000 at any bank. It is important to note that while the RBI has advised banks to stop issuing Rs 2,000 denomination banknotes immediately, the existing notes will remain valid currency. The introduction of Rs 2,000 notes took place on September 8, 2016, as a response to the government’s decision to demonetize the old currency notes of Rs 500 and Rs 1,000 to curb the circulation of black money. Subsequently, new currency notes of Rs 500 and Rs 2,000 denominations were introduced.
Meme Fest Starts After The Announcement
That’s how Netizens reacted:
Launched in 2016 & taken back in 2023
Rs. 2000 note be like – pic.twitter.com/k4Jwwf5Qm9
— Kaagaz Apps (@KaagazS) May 19, 2023
RIP Rs 2000 note. pic.twitter.com/Tnkc12MNm0
— Krishna (@Atheist_Krishna) May 19, 2023
Modi-ji and Nimo-Tai trying to get rid of Black Money with another Demonetisation,this time with Rs 2000 notes be like:#PMModi #Rupee #Demonetisation
pic.twitter.com/yrnNfd7DSy— Stockflix (@stockflixx) May 19, 2023
Scenes after RBI decides to withdraw Rs. 2000 notes pic.twitter.com/AHwEhU5hw8
— Sagar (@sagarcasm) May 19, 2023
People who have a lot of Rs. 2000 notes at home pic.twitter.com/q9vc0LdRjS
— Sagar (@sagarcasm) May 19, 2023
— Nigam (@_amanigam) May 19, 2023
#2000Notes be like pic.twitter.com/HwwSs8jeN7
— 🚩राज🚩🇮🇳🇮🇱🇷🇺🇹🇼🇯🇵 (@RajendraM_) May 19, 2023
