Banks will stop accepting Rs 2,000 notes for deposit or exchange from October 8. However, RBI specified options that people could avail for depositing or exchanging Rs 2000 notes from October 8
Adding to the Rs 2000 banknote deposits, some of the sectors -- Refinery, Oil and Gas, Power, and Chemicals -- which reported improved cash and bank balance, according to the report, are believed to be more active in parking funds with banks.