
The buzz of the week is the withdrawing of Rs 2,000 denomination banknotes. Introduced with great pomp in 2016, these notes gradually lost their prominence. Initially, it appeared that everyone possessed one, making it a daunting task to find change for them. Even exchanging Rs 500 notes posed a challenge, let alone the struggle with Rs 2,000 notes! However, their circulation dwindled over time, leaving us pondering who still held onto them. Surprisingly, my mother safeguarded a single note for over three years. How many other mothers out there harbour Rs 2,000 notes in their clandestine vault? It feels like embarking on a hidden treasure hunt. What was once regarded as an insignificant announcement has now gained significance. Food delivery companies are now accepting payments in Rs 2,000 notes as if there's no tomorrow. Will this result in a repetition of the chaos witnessed in November 2016? Only time will unveil the answer. Let us eagerly await and observe this unexpected twist unfold once again. Now, let's move on to the memes. If you are selling your Axis Bank stock because of this,
This article was originally published on May 27, 2023.