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97 percent of Rs 2,000 notes returned
RBI said, notes worth Rs 7,961 crore are still with the public.
Mumbai The Reserve Bank of India (RBI) on Thursday said that 97.76 percent of demonetised Rs 2,000 notes have returned to the banking system. The Central Bank said that only Rs 7,961 crore of notes are currently with the public.
RBI said in the statement that the withdrawal of Rs 2000 note was announced on May 19, 2023. At the end of the day, the value of Rs 2000 notes present in the market was Rs 3.56 lakh crore. Now on April 30, 2024, only Rs 7,961 crore worth notes are in the market.
The bank said, 'Thus, 97.76 percent of the Rs 2,000 notes have been returned.' However, the Rs 2,000 note is legal tender. People can deposit Rs 2000 notes or exchange them for other notes at 19 RBI offices across the country.
The public can also send Rs 2000 notes through Indian Post to any RBI office and deposit the equivalent amount in their bank accounts. The Rs 2000 notes were issued after the RBI demonetised Rs 1000 and Rs 500 notes in November 2016.
RBI said, notes worth Rs 7,961 crore are still with the public.
Mumbai The Reserve Bank of India (RBI) on Thursday said that 97.76 percent of demonetised Rs 2,000 notes have returned to the banking system. The Central Bank said that only Rs 7,961 crore of notes are currently with the public.
RBI said in the statement that the withdrawal of Rs 2000 note was announced on May 19, 2023. At the end of the day, the value of Rs 2000 notes present in the market was Rs 3.56 lakh crore. Now on April 30, 2024, only Rs 7,961 crore worth notes are in the market.
The bank said, 'Thus, 97.76 percent of the Rs 2,000 notes have been returned.' However, the Rs 2,000 note is legal tender. People can deposit Rs 2000 notes or exchange them for other notes at 19 RBI offices across the country.
The public can also send Rs 2000 notes through Indian Post to any RBI office and deposit the equivalent amount in their bank accounts. The Rs 2000 notes were issued after the RBI demonetised Rs 1000 and Rs 500 notes in November 2016.
Mumbai The Reserve Bank of India (RBI) on Thursday said that 97.76 percent of demonetised Rs 2,000 notes have returned to the banking system. The Central Bank said that only Rs 7,961 crore of notes are currently with the public.
RBI said in the statement that the withdrawal of Rs 2000 note was announced on May 19, 2023. At the end of the day, the value of Rs 2000 notes present in the market was Rs 3.56 lakh crore. Now on April 30, 2024, only Rs 7,961 crore worth notes are in the market.
The bank said, 'Thus, 97.76 percent of the Rs 2,000 notes have been returned.' However, the Rs 2,000 note is legal tender. People can deposit Rs 2000 notes or exchange them for other notes at 19 RBI offices across the country.
The public can also send Rs 2000 notes through Indian Post to any RBI office and deposit the equivalent amount in their bank accounts. The Rs 2000 notes were issued after the RBI demonetised Rs 1000 and Rs 500 notes in November 2016.
