THE PROBLEM WITH RS 200 AND 2,000 NOTES THAT HAS PEOPLE IN A FIX

Puthiya Thalaimurai reports state that the public are facing problems with the Rs 200 and 2,000 notes that were introduced post demonitesation since there is no statute in the Reserve Bank of India to exchange them in case they are torn or mutilated.

Currently, there exists a provision to only exchange notes of the following demonitions - Rs 5, 10, 50, 100 and 500.

It wasn't long ago when an SBI ATM dished out damaged or fixed Rs 2,000 notes (in pic).