PNB: Banks in the country have started the process of depositing or exchanging Rs.2000 notes from Tuesday. The Reserve Bank of India has already issued a Standard Operating Procedure for the banks to carry out this process smoothly. In this order, Reserve Bank Governor Shaktikanta Das clarified on the validity of the notes on Monday. It has been clarified that Rs 2000 notes will remain valid even though it has been announced that they will be withdrawn from circulation. He also said that there is enough time to change the notes of the banks. Punjab National Bank (PNB) has made an important announcement in order to start the exchange and deposit of Rs.2000 currency notes. It has given key instructions to its bank branches across the country. Rs. Aadhaar card and official certificate are not required to exchange 2000 notes. Also, it is said that there is no need to fill any documents in the bank. With this, customers can directly go to the bank branch and exchange notes. Or can deposit in their accounts. However, it should be remembered that only up to Rs.20,000 can be exchanged per day. On the other hand, PAN card must be shown if the deposit exceeds Rs.50,000. It is known that the State Bank of India also made a key announcement about the exchange of Rs.2000 notes two days ago. It said that there is no need to show any identity cards like PAN and Aadhaar to exchange notes in their bank branches. Also, it has been clarified that there is no need to fill any form. A Public Interest Litigation was filed in the Delhi High Court after the State Bank of India announcement. The PIL was filed against the State Bank of India and the Reserve Bank of India questioning their permission to exchange notes without any documents.
The Reserve Bank has stopped the printing of Rs.2 thousand notes in 2018 itself. It is said that only 10 per cent of notes are in most of them. As a result, common people do not have many of these notes. It should be said that there was no rush at the banks on Tuesday morning. Experts have already said that the conditions of demonetisation in 2016 will not be the same now. It is stated that there will be no impact on the common man because Rs.2000 notes are not large in circulation.
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