RBI allows NRIs to buy Sovereign Green Bonds
The Reserve Bank of India (RBI) has provided an update on the withdrawal of ₹2,000 denomination banknotes as of October 31, 2023. The central bank’s initial goal for introducing these banknotes was to meet the currency needs of the economy after the withdrawal of ₹500 and ₹1,000 banknotes in November-December 2016. The update highlights the status of these ₹2,000 banknotes and the ongoing procedures for their exchange or deposit.
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