RBI not doing well on 2000 rupee

If you want to exchange RS2000 at HDFC Bank, people must carry a valid government ID Proof without KYC people can't exchange single 2000 note. RBI must clarify in people interest is KYC mandatory or not for RS 2000 notes exchange at any Bank. A friends experience in Noida attached.

SBI saying on thing HDFC another and ICICi 3rd the RBI and banks have the consumers thoroughly confused.

Time to get it together. LC manager may please escalate. more  

via_LocalCircles_94EA6C97-40CB-4B86-967B-E649814D23DD___20230530040613___.jpeg
View all 10 comments Below 10 comments
It's true that private banks are dealing on their own style unlike PSBs It's really confusing. We had the same experience in HDFC bank. RBI must issue strict guidelines to Banks and once violation is there action should be initiated. more  
This is also to help the holders of counterfeit notes to get them exchanged. more  
To clear all confusions, RBI, at first instructed only for deposits and not exchange. This is to help to black money holders especially politicians from both ruling and opposition to make their black their into white without the deposit process and direct exchange. God only can save this country. more  
Why is it whenever something is announced like this there should be complete clarity and not in bits and pieces as and when someone points out or has a problem.If rbi gives a directive in notification to all banks under its control then it will be clear and also ask the bank to display the same in the notice board in a prominent place so that people can read the same and also they can carry advt for educating the public as what is right and what is not right by visual media .I fail to understand what is the problem with rbi to ensure that every bank does what it pleases them .If the notification is clear then there will not be any discomfort to the people having it . Also if the concerned bank manager is doing something not right as per the notification then through LC it should be brought to the notice of RBI and also posted the same in their website for which a provision should be made by RBI separately as a grievance support more  
RBI has announced note-badli for black money recovery. If note-badli is done by banks without identity proof like Aadhar; this will be exchange of black money to white money in connivance with RBI. 2) the RBI officers who drafted the notification should be punished. more  
Post a Comment

Related Posts

    • Abolish Taxes because you aren’t delivering services to people

      If India abolishes taxes: (1) People would get money in hand to buy critical things like Air Purifiers (2) More foreign businesses would come. And, make India their base (this wil...

      By Ruchika L Maheshwari
      /
    • VIP culture rampant in India

      So glad that the LC manager has finally released the VIP culture survey. Saw in NBT yesterday and today in english media.

      By Amit Mishra
      /
    • Compromising Information of Children

      After Aadhaar, now it is ANOTHER 12-digit unique ID for school kids called APAAR ID which the Education Ministry has launched! Parents are being asked to give “consent” so that their ch...

      By Ruchika L Maheshwari
      /
    • We Indians are losing out

      The Indian rupee has lost approximately 42% of its value since 2014. In ten years, the value of your ₹100 has become roughly ₹58. ⚠️ - Are you analysing what's going on with your sa...

      By Mukul Puri
      /
    • Inflation impact and Government inaction

      Economy is struggling … Inflation at 14 month high … Govt doesn’t care about - reducing the fuel prices although crude is at 52W low - Onion pri...

      By SN Mittal
      /
    • INR to USD at 105 within 5 yeara

      INR continues to fall because: there is less demand of INR in the international market (in context of USD/AED). you need to know this fact:- Every time INR depreciates by 4%...

      By Ruchika L Maheshwari
      /
    • Indians are becoming poorer

      Exchange Rate of INR(₹) Against USD($) • November 2004 - ₹45.03 • November 2014 - ₹61.01 • November 2024 - ₹84.07 Value of ₹1 Crore is Not The Same An...

      By Sanjit Jha
      /
    • China vs India

      Some weeks back this circle was discussing China And doing polls on much Chinese Indians were buying China will eat India's manufacturing business in a blip and we won't be able to do a ...

      By Aseem Das
      /
    • Black Money and Real Estate

      What an eye opening survey by LocalCircles on black money in real estate. https://www.l...

      By Mala Sehgal
      /
    • Developing Tourism

      Foreign Tourists in 10 Months of 2024. Thailand: 29.08 Million Vietnam: 14.1 Million India: 4.7 Million (till July) This is one of the major sector for employment a...

      By Shikha Jain
      /
    • By Ruchika L Maheshwari
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)