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Amazon To Stop Accepting Rs 2,000 Notes For COD Orders From 19 September

In compliance with the guidelines set forth by the Reserve Bank of India (RBI), the e-commerce giant Amazon has announced that it will cease accepting Rs 2,000 currency notes as payment for ‘Cash On Delivery’ (COD) orders starting from 19 September 2023. The RBI had earlier declared the withdrawal of India’s highest denomination, the Rs […]

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consumer E-commerce & Marketplaces Feature News Retail

Phasing Out of Rs 2000 Notes, Triggering Rush And Change In Consumer Behavior

The Reserve Bank of India (RBI) announced that it would withdraw the Rs 2000 denomination banknotes from circulation.  Just like before this news created a wave of panic and confusion among the public and it’s causing people to rush to banks and ATMs in an attempt to exchange or deposit their high-value currency. People are […]

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