How an Ahmedabad restaurant is cashing in on RBI's Rs 2,000 notes withdrawal with its 'pink' policy

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New Delhi: Following the Reserve Bank of Indias (RBI) move to withdraw Rs 2,000 notes from circulation as part of its clean note policy, restaurants, petrol pumps and apparel stores across the country have reportedly seen an uptick in cash transactions involving the pink note...

Some establishments have used the opportunity by incorporating innovative ideas to attract more buyers who would prefer spending their notes rather than queuing up at banks to exchange them...

For instance, Gujarat-based restaurant Ninis Kitchen, published a full-page advertisement in Ahmedabad Times Sunday stating that it will accept Rs 2,000 notes...

However, numerous claims have surfaced on social media of Zomato and Swiggy delivery partners refusing to accept Rs 2,000 notes...

The government had also issued new Rs 500 and Rs 2,000 banknotes in exchange for the demonetised banknotes, under Section 24(1) of The RBI Act...