"Understanding the recent withdrawal of ₹2,000 banknotes and its impact on the economy, businesses and individuals in India."
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"The reason behind the decision to withdraw ₹2,000 banknotes and the objective is to curb black money and promote digital transactions."
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"To mitigate the potential challenges faced by businesses and individuals during the phasing out of ₹2,000 notes, the date for exchange of notes has been extended till September 30."
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"₹2,000 notes were introduced by India in November 2016.
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After the demonetization of 500 and 1000 in November 2016, 2000 notes were introduced.
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No one has to pay attention to the outflows, the withdrawal of 2000 notes is not demonetization.
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Printing of 2000 notes has been stopped from 19 May 2023.
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From May 23, 2023, you can exchange 2000 notes from your nearest bank.
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The last date for changing the note is currently given as 30 September 2023.
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If you want to change your 2000 notes, then you can change only 20 thousand rupees at a time.
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