Tuesday, July 16, 2024
More
    HomeTelanganaHyderabad Banks Experience Low Demand for Exchange of Rs 2,000 Notes

    Hyderabad Banks Experience Low Demand for Exchange of Rs 2,000 Notes

    Related stories

    Hyderabad: IMD issues 5-day yellow alert for city

    After heavy rainfall in Hyderabad on Sunday, the India...

    Police in Cyberabad bust drug racket

    Telangana police arrested Aman Preet Singh, brother of Bollywood...

    MLA Bandla discusses irrigation scheme development with CM Revanth

    Gadwal MLA Bandla Krishnamohan Reddy met with Chief Minister...

    Traders in the Begum Bazar area of Hyderabad are accepting Rs 2,000 notes despite the Reserve Bank of India announcing their withdrawal. The traders have put up signs to reassure customers and have said they will deposit the notes in the bank and exchange them for other currency. They also said they were not concerned as they did not have black money. The move has not caused the chaos seen after demonetisation was announced. Banks have not experienced a rush to exchange the notes and there were few customers at branches. Banks require customers depositing more than INR50,000 ($780) to submit their PAN card details.

    Also read:  Locals in Manikonda upset over open meat sale at weekly markets
    - Advertisement -
    Rajesh M
    Rajesh Mhttps://www.telanganatribune.com
    Latest News from Hyderabad, Telangana, India & World!

    Follow us

    3,565FansLike
    179FollowersFollow
    1,202FollowersFollow
    965SubscribersSubscribe

    Contribute News

    You can contribute an article to Telangana Tribune by dropping a mail at newsdesk@telanganatribune.com

    Latest stories

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here