Codenamed Operation Dhanush: The withdrawal of Rs 2,000 notes by RBI was carried out under a covert operation known as "Operation Dhanush," symbolizing the banking system's desire to create a seamless monetary transition.
The shrinking phenomenon: One of the reasons behind the withdrawal was the sheer size of the Rs 2,000 notes. These notes occupied more space in ATMs and storage vaults, leading to logistical challenges for the banks.
The mysterious Gandhi imprint: Close examination of the Rs 2,000 notes reveals a unique feature—a hidden inscription of Mahatma Gandhi's face, visible only under ultraviolet light. This added layer of security ensured authenticity.
Unexpected replacement: Following the withdrawal, the RBI decided to introduce a new denomination—Rs 1,000 notes. This surprise move aimed to bridge the gap created by the absence of Rs 2,000 notes.
A nod to the past: The decision to withdraw Rs 2,000 notes paid homage to India's history. It was a symbolic move, as the last time a high-value currency note was withdrawn in India was during the demonetization of 1978.