The Reserve Bank of India (RBI) office, where you can exchange or deposit 2000 rupee notes, will be closed on January 22 for the Ram Mandir Pran Pratishtha ceremony in Ayodhya.
The government has declared a half-day holiday on January 22 for public sector banks, insurance companies, and regional rural banks (RRBs).
Because of this half-day holiday, you won’t be able to exchange or deposit Rs 2000 bank notes in any of the 19 issue offices of RBI on January 22.
The service will resume on January 23. Last year on May 19, RBI had announced the withdrawal of Rs 2,000 notes from circulation.
Additionally, on January 22, money markets will be closed as declared by the Maharashtra government,
and no transactions in government securities, foreign exchange, money market, and rupee interest rate derivatives will be allowed.
The settlement of all outstanding transactions will be postponed until the next working day, which is January 23.
Furthermore, the stock market will also be closed on January 22 due to the consecration ceremony of the Ram temple in Ayodhya. There will be no trading in shares on that day.
