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

NationalDelhi: Fire Breaks Out in Solar Panel Box at RBI Building

InternationalIndian Student in Canada Shares Gruelling Work-Study Routine, Internet Reacts

InternationalDonald Trump Hellhole Remarks: Iran’s Mumbai Consulate Takes Dig at the US President With Cultural Jab

InternationalIranian President Calls for Constructive Role of Brics to Halt West Asia Conflict During Talks With PM Modi

LifestyleEid 2026 Date: When Will Saudi Arabia, UAE and India Celebrate Eid-ul-Fitr?

Politics Realted Stories

Politics"Jan Aushadhi centres staying open during chemist protest a positive step": BJD's Sasmit Patra

PoliticsGujarat strengthens water bodies; completes over 2.21 crore cubic metres of earthwork in three years

Politics"CM wants cabinet to function like one family": Tamil Nadu Minister Aadhav Arjuna

PoliticsG Sudhakaran sworn in as pro-term speaker of Keralam Assembly

Politics"Before polls BJP said there would be no hike in prices, but rates increased after polls": Congress' Madhusudan Reddy