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Daily Archives: May 22, 2023

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Provide shade and water to the customers exchanging or depositing Rs 2000 notes: RBI

Reserve Bank Functions and newsBy Surendra NaikMay 22, 2023

Pursuant to Friday’s announcement of withdrawing Rs 2,000 notes, RBI reiterated that Rs.2000 notes continue to be legal tender unlike demonetization exercise. In view of the allegations of customers were dying while waiting in queues to exchange bank notes during the 2016 note ban, the Reserve Bank on Monday advised banks to provide shade from…

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