Rs 2,000 note withdrawal: Banks see majority notes from businesses
Data from at least three banks shows that a significant portion of the Rs 2,000 note in corporate deposits and exchanges comes from companies, not retail customers. The Reserve Bank of India (RBI) said on August 1 that the Rs 2,000 banknote worth Rs 3.14 lakh, equivalent to 88% in circulation, has returned to the …
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