Home / Mumbai / Mumbai News / Article /
Last few days to deposit Rs 2,000 notes? No sweat, says Mumbai!
Updated On: 29 September, 2023 06:54 PM IST | Mumbai | Prasun Choudhari
Citizens say they have been given ample notice unlike when demonetisation was imposed; expert hails move
Listen to this article :
Citizens deposit Rs 2,000 notes at ICICI Bank in Vile Parle East on May 23. Pic/Aishwarya Deodhar
There seems to be no rush to exchange the outgoing Rs 2,000 notes even as the September 30 deadline nears as they will remain in circulation and will be accepted by establishments. mid-day visited about 17 banks and spoke to several stakeholders, common citizens and experts only to learn that no one was breaking into a sweat over the matter.
September 30 was declared the last date to deposit or exchange notes of the Rs 2,000 denomination by the Reserve Bank of India (RBI), according to a press release that was put out by the central bank on May 19. However, even after the deadline elapses, the notes will continue to be accepted as legal tender ie they cannot not be rejected at stores and restaurants. The RBI has mandated that all banks must make it possible for the public to exchange the banknotes before the deadline.
Trending Stories
Latest Photos
Latest Videos
Latest Web Stories
ADVERTISEMENT
Mid-Day Fast
ADVERTISEMENT
Latest Headlines
IND vs SA 1st Test: Jasprit Bumrah's five-wicket haul helps India bowl out SA
14 November, 2025 02:51 PM IST | mid-day online correspondent
Chadwick Boseman honoured with Hollywood Walk of Fame star posthumously
14 November, 2025 02:41 PM IST | mid-day online correspondent
IND vs SA 1st Test: Team India reduce South Africa to 154-8 at tea
14 November, 2025 02:31 PM IST | PTI
ADVERTISEMENT