Breaking News: RBI Extends Deadline for Exchange of ₹2000 Notes Until October 7.
Breaking News: RBI Extends Deadline for Exchange of ₹2000 Notes Until October 7 In a recent turn of events, the Reserve Bank of India (RBI) has announced a significant extension in the deadline for the exchange of ₹2000 notes. This development comes as a relief to many individuals who were concerned about the approaching deadline. Let's delve into the details of this crucial update and understand its implications. The RBI's Bold Move The RBI, in a proactive measure, has extended the deadline for the exchange of ₹2000 notes until October 7. This decision was made to facilitate a smoother transition for individuals who possess these notes. The central bank has taken this step to ensure that everyone has ample time to exchange their ₹2000 notes without any hassle. Why the Extension? The extension of the deadline can be attributed to several factors. One of the primary reasons is the ongoing challenges posed by the global pandemic. With restrictions in place and limited access to