Commenting on the withdrawal AAP lawmaker Sanjeev Arora said, "Withdrawal of these banknotes is a disruption of the economy. Withdrawal of currency notes at regular intervals doesn't give a positive outlook of the economy in the eyes of investors and other countries."
"Please arrange accordingly and extend all cooperation to members of the public so that the exercise is conducted in a smooth and seamless manner without any inconvenience to the public," SBI said in its communication.
In his letter to FM Sitharama on Saturday, he anticipated that "notorious and corrupt" DMK leaders will use the "machinery at their disposal" to exchange their ill-earned 2000 rupee notes.
Slamming the Centre over the Reserve Bank of India's decision to withdraw Rs 2,000 notes from circulation, Chhattisgarh Chief Minister Bhupesh Baghel on Saturday accused the Bharatiya Janata Party (BJP) government of misusing around Rs 1,600-1,700 crore on printing of notes.
"Last time (in 2016), new notes were introduced, which were not even fitting into the ATMs. Now again people have to put money in banks. A country can't afford such decisions as it affects people," the MNS chief added.
"If someone has accumulated black money, then they will definitely have problems while changing the note, they will have to tell from where these notes came from," Fadnavis said.
RBI on Friday announced that it has decided to withdraw the Rs 2,000 denomination banknotes from circulation but they will continue to remain legal tender.
West Bengal Chief Minister Mamata Banerjee on Friday hit out at the government after the Reserve Bank of India notified to withdraw Rs 2,000 denomination banknotes from circulation and termed it "billion dollar dhoka" urging people not forgive those responsible for such a move.
RBI on Friday announced that it has decided to withdraw the Rs 2,000 denomination banknotes from circulation but they will continue to remain legal tender.
The Ministry of Finance on Friday said it decided that any payments by an individual using their international debit or credit cards upto Rs seven lakh per financial year will be excluded from the RBI's Liberalised Remittance Scheme (LRS) limits and hence, will not attract any Tax Collected
Reacting to the Reserve Bank of India's decision to withdraw Rs 2,000 currency notes from circulation, Vimal Nadar, the Head of Research at real estate firm Colliers India has called it a "timely" move aimed at "prudent currency management".