Tuesday, July 8, 2025
spot_img

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

Date:

Share post:

spot_imgspot_img

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 Indians 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.

IANS
spot_imgspot_img

Related articles

Japan PM Ishiba calls Trump’s new tariff decision ‘truly regrettable’

Tokyo, July 8: Japanese Prime Minister Shigeru Ishiba on Tuesday said that US President Donald Trump's decision to...

AAIB submits preliminary report on Air India plane crash

New Delhi, July 8: The Aircraft Accident Investigation Bureau (AAIB) has submitted its preliminary report on the Air...

India debunks Pakistani digital army’s claims on recall of embassy official from Jakarta

New Delhi, July 8: Calling out Pakistan’s malicious campaign, the Ministry of Information and Broadcasting on Tuesday issued...

Haj 2026 application process to end on July 31: Ministry of Minority Affairs

New Delhi, July 8:  The Ministry of Minority Affairs said on Tuesday that applications for Haj 2026 can...