Withdrawal of Rs 2,000 note a non-event, will have no impact on economy: ex-finance secretary

May 20, 2023

Former finance secretary, Subhash Chandra Garg, stated that the RBI’s move to withdraw Rs 2,000 currency notes from circulation will not affect the operation of India’s economic or financial systems. The Reserve Bank of India has given the public until September 30 to either deposit such notes in accounts or exchange them at banks.

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