It is already reported that Reserve Bank of India has officially announced the ban of Rs 2000 a few days back.
Meanwhile, the latest news is that the RBI has confirmed that no bringing back Rs 1000 into the existence. Reportedly, the exchange of Rs 2000 will kick-starts from today onwards.
According to RBI, initially the RBI has permitted for exchange of Rs 20,000 per head from the banks.
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