'RIP Rs 2000': Hilarious Memes Flood Twitter As RBI Scraps Rs 2,000 Notes From Circulation

The Reserve Bank of India on Friday announced withdrawal of Rs 2,000 currency notes from circulation, and existing notes in circulation can either be deposited in bank accounts or exchanged by September 30.

The bank notes in Rs 2,000 denomination will continue to be a legal tender, the RBI said in a statement.

In order to ensure operational convenience and to avoid disruption of regular activities of bank branches, the RBI said exchange of Rs 2,000 bank notes into bank notes of other denominations can be made up to a limit of Rs 20,000 at a time at any bank starting from May 23, 2023.

The RBI has advised banks to stop issuing Rs 2,000 denomination banknotes with immediate effect.

While politicians stand divided on the matter, the common man is busy making memes. Take a look at it: