Currency Big News | current big news in india | After ₹ 2000 Now Important News About 100, 200, 500 Rupees Notes | latest big news stories | Currency Notes Big News | 2000 note News | 500 Note news | 200 Note News | 2000 note | News about 100, 200, 500 rupee notes
News about 100, 200, 500 rupee notes : The Government of India yesterday made a shocking announcement that they will phase out the 2000 rupee notes from circulation. While this news is noteworthy, it should not overshadow the fact that the Rs 100, Rs 200 and Rs 500 notes are also undergoing significant changes which are equally important to watch out for.
An important change related to the Rs 2000 note has been revealed by the central government. It has been ordered that Rs 2000 currency notes will be issued in phases across India. All individuals are advised to deposit all notes of Rs 2000 or more in their respective banks by 30th September.
Further, RBI has instructed banks to stop issuing Rs 2000 notes without any delay. Despite these changes, the latest information about the availability of 100, 200 and 500 notes has come out. If you have these low denominations, what steps should you take next?
PNB has brought a special offer [ PNB Bank Offer ]
There have been many false rumors about currency notes recently, but the national bank, PNB has established a facility for people to swap their old and damaged bills for new notes. Avail PNB’s current promotions by clicking here.
Contact the nearest branch [nearest branch]
In a tweet on Twitter, PNB has informed that exchanging old and damaged currency notes has now become a hassle-free process. Those who want to exchange their notes need only visit the nearest PNB branch where they can exchange both notes and coins.
RBI has Rs. 2000 notes withdrawn [Rs 2000 notes]
According to Srinivas, as per the views of economists, the Reserve Bank of India may face problems in monetary policy decisions in the short term. Srinivas asserted that temporary liquidity gains in the banking system could lead to mispricing of financial assets, which is a significant concern.
Additionally, loose monetary conditions may complicate monetary policy decisions for the RBI, even if it is only a temporary situation.