Aurangabad, May 22 (PTI) In the wake of the RBI's announcement about withdrawal of Rs 2,000 currency notes, the petrol pumps in Maharashtra's Aurangabad have seen a significant rise in the inflow of these notes, an official of a petroleum dealers' body said on Monday.
Prior to the announcement, very few customers would pay using Rs 2,000 currency notes at petrol pumps, he said.
The Reserve Bank of India (RBI) on Friday announced the withdrawal of Rs 2,000 currency notes, and gave people time till September 30 to either deposit these notes in accounts or exchange them at banks.
Banks have also been asked to stop issuing Rs 2,000 notes with immediate effect, the apex bank said.
"Earlier, customers would pay using two to three notes of Rs 2,000 denomination in a day. However, we are getting nearly 100 notes in a day since the RBI's announcement about these currency notes," Petroleum Dealers Association (PDA) secretary Aqeel Abbas told PTI.
The phenomenon is not only seen in petrol pumps in the city, but also in the rural parts of the district, he said.
"Since there are no issued with depositing these notes in the banks, we are accepting them and the transactions are being done smoothly," Abbas said.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)













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