Talks have been going on continuously for many days over the 2000 note. It was said that the process of closing the 2000 note very quickly had been fully prepared, and almost per cent of the 2000 note had reached the Government of India. This amount is believed to be about 276 lakh crore rupees, and the entire amount has reached the Reserve Bank of India, although some people are still trying to change it. It is visible, but this amount has reached; it has also reached after changing and along with this, people have also deposited this amount inside their accounts.
On May 19, it was announced that the 2000 note had been completely banned and would not be valid; those with 2000 notes could either go inside their sister’s office and exchange it. Or you can deposit it in your bank account because the Government of India now wants to stop it entirely. The Reserve Bank of India also took the permission of the Government of India for this and stamped that now The note would only be partially in circulation, after which its date line was kept till September 30. September 30 is the last date. If you can sew this note after that, the bank will do no such work. He will declare the 2000 note completely invalid.
The Supreme Court said that no proof is needed for the 2000 note.
The Supreme Court has filed a petition against the Reserve Bank of India, the Reserve Bank of India has filed a petition that customers must bring any ID proof to exchange 2000 notes, but the Supreme Court has rejected their petition. They said that 2000 No ID proof will be needed to change the note, and whoever is the consumer can easily change it. The Supreme Court gave an example and said that if you go to the vegetable seller, when he gets the 2000 note If you pass, then asks for ID proof, then banks should also not do this; without ID proof, the bank can either exchange the 2000 note or deposit it in their account.
This thing was going on for a long time; the Delhi High Court had also appealed continuously for the fact that the policy of the Reserve Bank of India is terrible and the way it is asking for ID proof to replace the 2000 note. People are seen getting very upset due to this, and there is a fixed jorasi to change the photo from such things, that too was decided by the Reserve Bank of India, which could change only ten notes in 2000 notes. But they did not limit the amount to be deposited inside the bank account, where you can deposit any amount.