In a recent development concerning the withdrawal of Rs 2,000 currency notes, the State Bank of India (SBI) has provided a clarification regarding the exchange process for these notes. Through a circular issued on Saturday, the SBI has announced new guidelines for exchanging Rs 2,000 currency notes. According to the circular, individuals seeking to exchange their Rs 2,000 currency notes can do so without the need to fill out requisition forms, as long as the amount being exchanged does not exceed Rs 20,000 at a time. However, if the desired exchange amount exceeds Rs 20,000, the individuals will be required to fill out the requisition form. Furthermore, the circular also states that individuals are not required to provide any proof of identification during the exchange process. This announcement comes after the Reserve Bank of India (RBI) declared on Friday that the objective of introducing the Rs 2,000 currency note had been achieved. As a result, the RBI has decided to
