Withdrawal of ₹ 2,000 Banknotes: Paving Way to Mini Demonetisation
None of the arguments that the RBI has given to justify the demonetisation move are valid.
Reserve bank of india
The Withdrawal of Rupees 2000 Notes: A New Mini-Demonetisation in India Soon
In a sudden though not unexpected move, currency notes of the denomination Rs 2,000 are being withdrawn from circulation. This is announced via a notification released by the Reserve Bank of India and not the government (as at the time of demonetisation). These notes are not being withdrawn from circulation, but actually, they will stop circulating right away given that they will have to be deposited in a bank or exchanged for lower denomination notes.