"No Reason To Rush To Banks": RBI's Assurance On ₹2,000 Note
NDTV
RBI governor Shaktikanta Das said the deadline had been given mainly so people would take it seriously and make an effort to return the notes.
No one should rush to return or exchange their Rs 2,000 notes, Reserve Bank of India (RBI) governor Shaktikanta Das said today, a day before people start approaching banks to give up the high value notes. He also asserted that even after September 30, the notes would continue to be legal.
"There is no reason to rush to banks now. You have four months, till September 30," the RBI Governor said.
Mr Das said the deadline had been given mainly so people would take it seriously and make an effort to return the notes.
"Rs 2000 bank notes were introduced primarily to replenish the notes withdrawn following demonstration," the RBI chief added.
