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Monday 22 May 2023

SBI: No ID proof, form needed to exchange Rs 2,000 note

SBI has decided against seeking any identity proof from those exchanging Rs 2,000 notes and has also dispensed with the need to fill up any form. Several other banks have, however, not decided on the process that they would adopt during the four-month-long exercise to exchange and deposit the highest denomination notes from Tuesday.

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