City
Epaper

PIL in Delhi HC against RBI, SBI permitting Rs 2K note exchange without identity proof

By IANS | Updated: May 22, 2023 16:05 IST

New Delhi, May 22 A plea has been moved in the Delhi High Court challenging Reserve Bank of ...

Open in App

New Delhi, May 22 A plea has been moved in the Delhi High Court challenging Reserve Bank of India (RBI) and State Bank of India (SBI) notifications, that permits exchange of notes without any identity proof.

The Public Interest Litigation (PIL) has been filed by BJP leader and Advocate Ashwini Upadhyay.

The PIL says that the notifications published on May 19 and 20 are arbitrary and offends Article 14 of Constitution of India.

The plea also seeks a direction to the RBI and SBI to make sure that Rs 2000 notes are deposited in respective bank accounts only, so that people having black money and disproportionate assets could be identified.

To weed out corruption, benami transaction and secure fundamental rights of citizens, the PIL, which has RBI, SBI and Union Ministries of Home Affairs and Finance as respondents, seeks a direction to the Centre to take action regarding the same.

"Recently, it was announced by the Centre that every family has Aadhaar Card and Bank Account. Therefore, why RBI is permitting to exchange Rs 2000 banknotes without obtaining identity proof. It is also necessary to state that 80 crore BPL families receive free grains. It means 80 crore Ind rarely use Rs 2,000 banknotes. Therefore, petitioner also seeks direction to RBI and SBI to take steps to ensure that Rs 2000 banknotes are deposited in bank account only," the plea states.


spr/uk/

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Reserve Bank Of IndiaindiaDisney IndiaNew DelhiAll India Majlis E Ittehadul MuslimeenDelhi High CourtCommunist Party Of India MarxistIndia TodayAir Asia IndiaAsia IndiaFifa U 17 World Cup India
Open in App

Related Stories

LifestyleBank Holidays in August 2025: Banks to Remain Closed For 8 Days This Month; Check Dates

TechnologyWill the Government Have to Offer More Incentives on EVs? NITI Aayog Raises Concerns Over Slow Sales Growth

OpinionsWhy is Trump So Upset with India?

MumbaiUniversity of Bristol Chooses Mumbai for Its First Overseas Campus, Set to Open in September 2026

NationalRaksha Bandhan 2025: Now You Can Send a Rakhi to Your Brother in India Post's Waterproof Envelope — Here's How to Track Your Parcel

Politics Realted Stories

Maharashtra'Chaddi Baniyan' Protest at Maharashtra Assembly: Opposition Stages Agitation Against Sena MLA for Punching and Slapping Canteen Staff (Watch Video)

MaharashtraMaharashtra Monsoon Session: Ajit Pawar Slams Bhaskar Jadhav Over Fund Allegations, Says 'No Need for Unsolicited Advice'

MumbaiUddhav Thackeray Pats Raj Thackeray on Back at Victory Rally Speech; Emotional Video of Thackeray Brothers Goes Viral

MaharashtraMarathi Language Controversy: ‘Did I Pass a GR Against Brotherhood?’ Devendra Fadnavis Hits Back at Uddhav & Raj Thackeray

NationalAssembly Bypoll Results 2025: AAP Wins Visavadar and Ludhiana West Seats; Congress Wrests Nilambur Seat in Kerala