Exchage 2000 notes RBI office | Exchange 2000 notes rbi office address
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People queue up at RBI offices to exchange Rs 2,000 notes
As banks have stopped accepting Rs 2,000 notes, people are now queuing up at 19 Reserve Bank of India (RBI) offices to exchange the high denomination currency. The RBI had announced its intention to withdraw the Rs 2,000 note in May, and the deadline for exchanging or depositing the notes was initially set for September 30 but later extended to October 7. As of last Friday, Rs 3.43 lakh crore worth of Rs 2,000 notes have been returned, while Rs 12,000 crore are still in circulation.
With banks stopping accepting Rs 2,000 notes, people have started queuing up at 19 Reserve Bank of India offices to exchange the high denomination currency, which was withdrawn from circulation. On May 19, the RBI had surprised all by announcing its intent to withdraw the Rs 2,000 note introduced in 2016 for quick remonetisation, following Prime Minister Narendra Modi's announcement to suck out over 88 per cent of currency in circulation by banning the Rs 500 and Rs 1,000 notes.
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