Zomato Gets Flooded With Rs 2000 Notes As Customers Opt For Cash On Delivery. Netizens React

Zomato tweeted: "Since friday, 72% of our cash on delivery orders were paid in ₹2000 notes."

Shortly after the Reserve Bank of India revealed the discontinuation of the Rs 2,000 bill, Zomato - a food delivery application - received an abundance of the paper note as payment from customers.

According to a Monday tweet from Zomato, 72 percent of cash orders placed over the weekend following the announcement of the withdrawal of Rs 2,000 notes were paid for using the largest denomination of Indian currency.

The people are in a frenzy over the withdrawal of Rs 2000 notes, which is being perceived as a new form of the universally disliked demonetization. The RBI has made it clear that this is merely a limitation on usage rather than demonetization. The Reserve Bank of India has provided an opportunity for individuals to deposit their Rs 2,000 currency notes in banks until the end of September.

The action has additionally triggered an influx of humorous memes on the social media platform Twitter.

The Reserve Bank of India has announced that the standard procedure for exchanging and depositing notes will be upheld, providing the public with the same service as before.

The maintenance of daily records on the deposit and exchange of Rs 2,000 banknotes is required by the banks. Banks are required to keep records of individuals exchanging or depositing Rs 2,000 notes, which should include their name, date, number of notes exchanged/deposited, and the total value exchanged/deposited.