The nation's largest financial institution banned the circulation of Rs 2000 notice

by Jeremy Spirogis
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new Delhi. The circulation of two,000 rupee notes is reportedly put below ban by a high public sector financial institution. In different phrases, its circulation has been banned.

Business Insider has claimed in its information that a big public sector financial institution has issued directions to the administration to maintain 2,000 rupee notes out of circulation and to not inventory within the financial institution's ATMs. However, the financial institution remains to be accepting Rs 2,000 notes from depositing people.

According to the Reserve Bank of India report, the rationale behind stopping the circulation of notes is but to be clarified. <! –

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                 Recently, a report of pretend notice instances has come up within the nation.

The National Criminal Records Bureau (NCRB) revealed that 56 per cent of all 2000 rupee notes seized have been pretend. This has resulted in a lower within the manufacturing and provide of denomination notes throughout the nation.

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