97.69 Percent Of Rs 2000 Currency Notes Returned To Banking System: RBI
NDTV
On May 19, 2023, the RBI announced the withdrawal of Rs 2,000 denomination bank notes from circulation.
The Reserve Bank of India (RBI) on Monday said nearly 97.69 percent of the Rs 2000 denomination bank notes have returned to the banking system, and only Rs 8,202 crore worth of the withdrawn notes are still with the public.
On May 19, 2023, the RBI announced the withdrawal of Rs 2,000 denomination bank notes from circulation.
The total value of Rs 2000 banknotes in circulation, which was Rs 3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal of Rs 2000 banknotes was announced, has declined to Rs 8,202 crore at the close of business on March 29, 2024, the Reserve Bank of India said in a statement.
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