
ЁЯЩПWithdrawal of тВ╣ 2000 notes — SBI Ecowrap opines [1] apart from favourable impact on CP-CD rates , e-rupee should be an ultimate beneficiary of this tactical move –absence of high denomination notes should propel faster adoption of e-rupee for merchant transactions[2] out of 3.62 lakh crore worth of 2000 denomination notes, 85% [ 3.08 lakh crore –will come into banking system as deposits and the rest 54000 crore will be exchanged [3] and ultimately GDP will get a boost.– courtesy BusinessLine 20.6.23
