PANAJI: With confusion prevailing about to be withdrawn Rs 2,000 notes among masses, CM Pramod Sawant today assured the citizens that govt and linked organisations will continue to accept Rs 2,000 notes till September 30.
“I don’t think there will be any issue for government and semi government offices, institutes etc from Goa for accepting Rs 2000 notes,” said Sawant.
The objective of the Reserve Bank’s clean note policy is to provide good quality currency notes and coins to the citizens.
The policy aims to maintain the integrity of the Indian currency by removing damaged, counterfeit, or soiled notes from circulation. The RBI regularly monitors the quality of currency notes in circulation and sets standards for their acceptability.
People can deposit Rs 2,000 banknotes in their bank accounts, or exchange them for banknotes of other denominations at any bank branch.
Deposits can be made without restrictions and are subject to existing instructions and applicable statutory provisions.
RBI has said individuals will have the option to exchange Rs 2,000 banknotes for other denominations up to a limit of Rs 20,000 at a time at any bank, beginning May 23, 2023.