People queue up at RBI offices to exchange Rs 2,000 notes

With banks stopping accepting Rs 2,000 notes, people have started queuing up at 19 Reserve Bank of India offices to exchange the high denomination currency, which was withdrawan from circulation.

On May 19, the RBI had surprised



all by announcing its intent to withdraw the Rs 2,000 note introduced in 2016 for quick remonetisation, following Prime Minister Narendra Modi’s announcement to suck out over 88 per cent of currency in circulation by banning the Rs 500 and Rs 1,000 notes.