Search
Advertisement
Zomato clarifies 72% order in Rs 2000 notes was a joke

Zomato clarifies 72% order in Rs 2000 notes was a joke

ETERNAL328.00(0.02%)

On Monday, Zomato tweeted that during the weekend after the announcement about the withdrawal of Rs 2,000 note, 72 per cent of its cash orders have been paid for using the restricted denomination.

Rachna Manojkumar Dhanrajani
Rachna Manojkumar Dhanrajani
  • Mumbai,
  • Updated May 24, 2023 5:32 PM IST
Zomato clarifies 72% order in Rs 2000 notes was a jokeZomato

About two days after the Reserve Bank of India announced the withdrawal of the Rs 2,000 note, the food delivery app Zomato was flooded with the note from customers paying cash for their orders.

On Monday, Zomato tweeted that during the weekend after the announcement of the withdrawal of Rs 2,000 note, 72 per cent of its cash orders have been paid for using the highest denomination of INR.

Advertisement

since friday, 72% of our cash on delivery orders were paid in ₹2000 notes pic.twitter.com/jO6a4F2iI7

— zomato (@zomato) May 22, 2023

Zomato did not respond to Business Today's queries immediately and later clarified saying this isn't a fact but just a joke.

A frenzy has been caused among the people as the withdrawal of Rs 2000 notes is being seen as another version of the much-despised demonetization. However, the RBI has clarified that this is not demonetization but just a restriction in use. The RBI has also offered a window for people to deposit their Rs 2,000 notes in banks till the end of September.

The move has also sparked a meme fest on Twitter.

For the exchange and deposit of the notes, the RBI said that the facility of exchange across the counter shall be provided to the public in the usual manner, as was provided earlier.

Advertisement

The banks will also have to maintain daily data on deposit and exchange of Rs 2,000 banknotes. The banks will have to maintain data including name of the person who has come to exchange or deposited, date, number of Rs 2,000 notes exchanged, number of Rs 2,000 notes deposited, and the total amount.

Read: ‘Provide shaded waiting space, drinking water’: RBI to banks on withdrawal of Rs 2000 notes

Read: How to deposit Rs 2000 notes without inviting income tax notice

For Unparalleled coverage of India's Businesses and Economy – Subscribe to Business Today Magazine

Follow us on

ABOUT THE AUTHOR

Rachna Manojkumar Dhanrajani
Rachna Manojkumar Dhanrajani

Rachna covers tech, business, and everything around it. She also has a special interest in law and fashion. A dyed-in-wool Mumbaikar, when she isn’t reporting she does what the city does best, watch movies. In the past she has worked in multimedia roles with Reuters News, ET NOW, BloombergQuint, The Hindu, and The Indian Express.

Published on: May 22, 2023 1:45 PM IST