First day of Rs 2,000 note exchange: Small queues seen at some branches

First day of Rs 2,000 note exchange: Small queues seen at some branches

Small queues were witnessed at some bank branches on Tuesday for the exchange of Rs 2,000 notes against smaller denominations as part of the withdrawal exercise.

As per the RBI guidelines issued on Friday, the exchange of Rs 2,000 facility is available from Tuesday.

A person can exchange up to a limit of Rs 20,000 at a time without filling any form or requisition slip.