The Government of India had announced that the 2000 note is now completely closed, and now this note will be completely closed in India, and the people who have this note with the Indian public can change it by going to the banks. Or you can deposit your note which is in your bank account also, and for this, the Reserve Bank of India has kept the date till 30th September is its last date; after that, this note will be completely valid in India. It will be closed and will not be in circulation in any way, and now it seems to be affecting the Indian market entirely because, at this time, the cash in the Indian market seems to be decreasing very much.
The cash available in the Indian market has been reduced to a very low level, and the Reserve Bank of India and the banks with which the notes are kept are increasing continuously. The governor of the Reserve Bank of India has said that the 2000 notes He has reached back to the Reserve Bank of India up to about 50%, but the remaining 50% has not yet been reached, and therefore, he wants all the notes to reach the Reserve Bank as soon as possible. After that, they should completely stop them and not keep them in circulation in any way, along with the Reserve Bank of India also appealing that those who have these notes should deposit them immediately.
2000 note was seen for the first time in 2016
Since 2016, the Reserve Bank of India has started printing 2000 notes, and after this, this note was in circulation inside India for the last six consecutive years, but now the value of this note has become very low. The note is that according to the Indian currency, there was a slightly bigger note because this small currency is ₹ 500, so the difference between them was very high; this note was in constant discussion about it, and for the last few days, it was also being speculated that this note would be closed as soon as possible, but now the Government of India and the Reserve Bank of India together had decided that now this note should be deposited back as soon as possible.
This decision taken by the Reserve Bank of India seems to be proving to be correct, and now it seems to be affecting the economy of India because the economy is always dependent on the Indian currency; if the currency of India If it continues to trend, then the economy will be seen in an excellent and correct form, although for some time we are seeing that the economy which has reached its level and puts up a good figure, it is visible from the side of the state.