RBI Governor Shaktikanta Das’ reaction on withdrawal of Rs 2000 note

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RBI Governor Shaktikanta Das on the closure of 2000 rupee notes said that the objective of RBI to introduce 2000 rupee note has been fulfilled. 2000 rupee notes can be exchanged and deposited under the system itself, common people will not have to face any kind of problem. Banks have been instructed to be fully prepared for this.

RBI Governor’s first reaction

In Mumbai, RBI Governor Shaktikanta Das on withdrawal of Rs 2000 notes said that four months time has been given and people can easily exchange the notes. This allows you to easily exchange notes without standing in queues at the bank. There is 4 months to take this matter seriously. There is plenty of time to exchange notes. Don’t consider the ban on exchanging old notes as a problem.

Shaktikanta Das said a big thing

 

Shaktikanta Das said that there were many reasons behind bringing 2000 note and this step was taken as a matter of policy. It would be good if people take the ban on exchanging old notes seriously. However, banks will have to prepare the data of note exchange and keep the details of 2000 notes in the bank. The facility of exchanging 2000 notes will be normal. Four months have been given to change the 2000 note and complete preparations have been made in the banks. People should not rush the bank and there is no dearth of other notes in the market.

People will not face any problem in exchanging notes: RBI

The RBI governor said that the withdrawal of Rs 2000 notes from circulation is part of the clean note policy and should be considered as part of the currency management system of the RBI. It takes a lot of time to change notes, so people should not panic in changing notes. RBI will listen to any difficulty that may arise and full care has been taken to ensure that the public does not face any kind of trouble due to the ban on exchange of old notes.