The plea seeks a direction to the RBI and SBI to ensure that Rs 2,000 banknotes are deposited only in the bank account of the person exchanging the notes. A Public Interest Litigation (PIL) was moved in the Delhi High Court Monday seeking a declaration that the May 20 notification by the State Bank of India (SBI), following Reserve Bank of India (RBI)’s May 19 notification, which permits exchange of Rs 2,000 banknotes without obtaining any requisition slip and identity proof, is “arbitrary, irrational and offends Articles 14, hence, inoperative”. The plea seeks a direction to the RBI and SBI to ensure that Rs 2,000 banknotes are deposited only in the bank account of the person exchanging the notes so that no one can deposit the money in other bank accounts and people having black money and disproportionate assets could be identified easily. The PIL was moved by lawyer Ashwini Kumar Upadhyay. On May 19, the RBI announced the withdrawal of the Rs 2,000 currency note from circulation, adding that it will continue to be legal tender. The bank said the existing Rs 2,000 notes can be deposited or exchanged in banks until September 30, but set a limit of “Rs 20,000 at a time”. SBI Sunday said no requisition form and identity proof are required to exchange Rs 2,000 notes  The central bank advised the public to deposit Rs 2,000 notes — introduced during demonetisation in November 2016, when Rs 500 and Rs 1,000 notes were withdrawn — into their bank accounts and/ or exchange them into notes of other denominations at any bank branch. It also advised banks to stop issuing Rs 2,000 notes with immediate effect.