₹2,000 note withdrawal: Indians in Gulf regions complain of denial of exchange facility
The Indians in the Gulf region are complaining that the banks are refusing to accept their ₹2,000 notes and are claiming to be not aware of the policy change
The Reserve Bank of India (RBI) decided to withdraw ₹2,000 denomination banknotes on 19 May and asked banks to stop issuing ₹2,000 notes with immediate effect. The central bank gave the public till 30 September 2023 to either deposit their ₹2,000 notes or get them replaced. But, as it turns out the process has been not very smooth for Indians in Gulf countries.