City
Epaper

Disputes at petrol pumps over Rs 2 k notes

By Lokmat English Desk | Published: May 22, 2023 10:10 PM

Chhatrapati Sambhajinagar: Some vehicle owners were seen filling petrol of Rs 100 to Rs 200 and giving currency notes ...

Open in App

Chhatrapati Sambhajinagar: Some vehicle owners were seen filling petrol of Rs 100 to Rs 200 and giving currency notes of denomination Rs 2000. This is resulting in arguments between pump employees and vehilce owners.

It may be noted that the Reserve Bank of India on Friday announced that it has decided to withdraw the Rs 2,000 currency notes from circulation. The citizens were urged to deposit the Rs 2,000 banknotes into their accounts or exchange them for banknotes of other denominations by September 30, 2023.

The pump staff used to get three or four notes of Rs 2000 daily.

After this announcement, the pump employees are receiving 100 to 150 currnecy notes of this denomination daily.

Significantly, consumer fill petrol of Rs 100 or Rs 200 only and give Rs 2,000 notes. The employees who are finding it diffulcult to give chang,e are asking the riders to fill petrol of mimimum 500. They are depositing this denomination notes with banks daily.

Petroleum Dealers Association (PDA) office-bearers said that banks are accepting all notes of Rs 2000 from them. PDA general secretary Akhil Abbas said that a rumour is spread that some petrol pump staff is seeking Aadhar card before accepting Rs 2000 denomination notes.

He said that the notes are being accepted at all the petrol pump without any documents. “We are getting three to four bundles of Rs 2000 notes daily at our pump,” he added.

Tags: petroleum dealers associationReserve Bank Of IndiaThe Reserve Bank Of IndiaUtkal petroleum dealers associationAll india petroleum dealers associationFormer reserve bank of indiaCentral board of reserve bank of indiaReserve bank of india governorFinance ministry and reserve bank of indiaFinancial stability report of the reserve bank of indiaDelhi petroleum dealers association
Open in App

Related Stories

BusinessRBI MPC Meet 2024 Highlights: GDP Growth at 7.2%, Repo Rate Unchanged

NationalRBI Announces Digital Payments Intelligence Platform to Combat Fraud

TechnologyDigital Payment Frauds in India Surge Over 400%: RBI Report

BusinessReserve Bank of India Sees 7% Growth for Indian Economy in Current Fiscal Year

NationalBoB World Ban: RBI Lifts Curbs On Bank Of Baroda App After 6 Months

Aurangabad Realted Stories

AurangabadMega hybrid car manufacturing project to come up in AURIC city

AurangabadRetd Employee Cheated for Rs 13.4 L on Pretext of High Returns

Aurangabad262 properties regularised in Guntewari scheme

AurangabadCriminal chased in Harsul lake, caught

AurangabadKhaire meets Uddhav, blames Danve again for defeat