On May 19, RBI decided to withdraw the Rs 2,000 denomination currency notes from circulation, but said it will continue to remain as legal tender. However, RBI has advised banks to stop issuing Rs 2,000 denomination banknotes with immediate effect.
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The Supreme Court on Thursday declined an urgent hearing of an appeal against the Delhi High Court order which dismissed a plea challenging RBI's decision permitting citizens to exchange Rs 2,000 banknotes, which are being pulled out of circulation, without any requisition slip and ID proof.
An appeal was filed in the Supreme Court on Wednesday two days after the Delhi High Court dismissed a plea challenging RBI's decision permitting citizens to exchange Rs 2000 banknotes, which are being pulled out of circulation, without any requisition slip and ID proof.
The arrested persons were allegedly en route to deposit the Rs 2,000 notes in the bank. RBI had recently decided to withdraw Rs 2000 currency notes from circulation, however, they will continue to remain as legal tender.
A Public Interest Litigation (PIL) has been moved in Delhi High Court seeking direction to quash the Reserve Bank of India (RBI) Notification dated May 19, 2023, whereby the RBI has taken a decision to withdraw the Rs 2000 denomination banknotes from circulation under the clean note polic
Slamming the Centre over the withdrawal of Rs 2,000 currency notes from circulation, senior Congress leader Adhir Ranjan Chowdhury on Wednesday made controversial remarks against Prime Minister Narendra Modi.
Last Friday, the Reserve Bank of India (RBI) decided to withdraw the Rs 2000 denomination currency notes from circulation, but added they (currency notes) will continue to remain as legal tender. However, RBI has advised banks to stop issuing Rs 2000 denomination banknotes with immediate
Prime Minister Narendra Modi was not in favour of Rs 2000 notes coming into circulation but reluctantly agreed to it after he was told that there was a lack of capacity to print smaller currency notes as demonetisation has to be done in a limited time, Nripendra Misra, former Principal Se