RBI Requires Banks to Maintain Daily Data on Rs. 2000 Banknotes in Prescribed Format
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- By Chetan Kulasri
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- Last Updated on 23 May, 2023
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Circular No. RBI/2023-24/33 DCM(Plg) No.S-239/10.27.00/2023-24 dated 22-05-2023
In furtherance to the RBI’s direction on the withdrawal of Rs. 2,000 notes from circulation, the banks have been advised to provide appropriate infrastructure at the branches such as shaded waiting space, drinking water facilities, etc. considering the summer season.
Further, Banks shall have to maintain daily data on the deposit and exchange of Rs. 2000 banknotes in the prescribed format (specifying date, bank name, and amount deposited/exchanged) and submit the same as and when required.
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