Regarding the withdrawal of Rs. 2000 notes, the Governor of the RBI stated that there is no reason for the public to rush to banks.
“The Rs. 2000 note was introduced with the specific purpose of replenishing currency during the demonetisation; the purpose has been served. ” There is no pressing need for the general population to hurry to banks as there is still sufficient time remaining (four months). According to the Governor of the RBI, Shaktikanta Das, “We expect … Read more