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Rs 2,000 notes withdrawn from circulation as per RBI; notes must be exchanged before September 30, 2023

RBI Reserve Bank of India has decided to withdraw Rs 2,000 currency notes from circulation. However, the notes will continue as legal tender, the central bank said in a circular on Friday. The RBI has advised banks to stop issuing Rs 2,000 currency notes with immediate effect. In a circular, the central bank said that […]

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57 % fake notes of Rs 2000 seized in Gujarat says NCRB report

As per latest NCRB National Crime Records Bureau  report  Rs 2,000 bank notes comprised 56 % of all fake currency seized in India after demonetization. The report titled ‘Crime in India’ indicates that in 2017 and 2018, law enforcing agencies seized Fake India Currency Note (FICN) worth Rs 46.06 crores. Analysis of 2 NCRB reports […]