Virtual Currency

The Reserve Bank of India (RBI) announced the withdrawal of ₹2,000 banknotes from circulation, providing a deadline for deposit or exchange. In this video, we delve into the reasons behind this move, the impact on liquidity, and the response from the public. Explore the decline in circulation, the reconciliation of deposited and exchanged notes, and updates on the deadline extension. Learn how RBI aims to minimize inconvenience for individuals both in India and abroad.