Rs 2,000 Notes Exchange Live Updates: Window Opens, No Rush Or Panic At Bank Branches
Catch the live updates from bank branches across India here.
(Source: Vijay Sartape/ BQ Prime)
KEY HIGHLIGHTS
No Rush At Bank Branches As Rs 2,000 Notes Exchange Window Opens
Banks did not witness a rush of customers queuing up to exchange their Rs 2,000 currency notes after the Reserve Bank of India decided to pull them out of circulation.
There were very few people to either deposit or exchange the banknotes at branches in Mumbai and Delhi visited by BQ Prime reporters.
Even the exchange facility at the RBI, which opened on Tuesday, has so far not found many takers.
The RBI on Friday announced the withdrawal of Rs 2,000 currency notes from circulation. While the notes continue to be legal tender, the RBI asked the citizens to exchange the Rs 2,000 notes by Sept. 30.
Still, banks are unlikely to accept the notes for deposits or exchange after Sept. 30, a person with knowledge of the matter told BQ Prime.
Those holding Rs 2,000 currency notes after Sept. 30 may have to approach the Reserve Bank of India's regional offices to exchange them, the person added.
No Queues, Crowd At Banks Near Kurla Depot
Even the banks near Kurla depot in Mumbai did not witness any rush, in the form of long queues that extend outside the bank, from people trying to get their Rs 2,000 currency notes deposited.
People Queue To Exchange Rs 2,000 Notes At SBI In Mumbai's Fort Area
People queue to exchange their Rs 2,000 notes at State Bank Of India's Fort area branch in Mumbai.
Bank Branches In Dwarka Sec-12
The bank branches in Dwarka sector-12 did not witness any crowd or queues of people standing to deposit their Rs 2,000 currency notes.
Mumbai's Fort Region Banks See No Queues
The banks in Mumbai's Fort region also witnessed no rush.
