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97.87 pc of 2000 banknotes have now been returned: RBI

  •   Mon, Jul 01 2024 04:50:18 PM

Mumbai, Jul 1 (IANS): The Reserve Bank of India (RBI) on Monday said that 97.87 per cent of the 2000 banknotes that were in circulation as of May 19, 2023, when their withdrawal was announced, have now been returned.

The total value of 2000 banknotes in circulation has declined to 7581 crore at the close of business on June 28, 2024, from 3.56 lakh crore at the close of business on May 19, 2023, according to the RBI’s latest update.

The facility for the exchange of the 2000 banknotes has been made available at the 19 Issue Offices of the Reserve Bank 1 since May 19, 2023.

From October 9, 2023, RBI Issue Offices are also accepting 2000 banknotes from individuals/entities for deposit into their bank accounts.

Further, members of the public are sending 2000 banknotes through India Post from any post office within the country to any of the RBI Issue Offices for credit to their bank accounts.

The 2000 banknotes continue to be legal tender.

 

 
  

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Comment on this article

  • prema, indian

    Mon, Jul 01 2024

    Who will be held accountable for the loss of Tax Payers' money at this gimic of Introducing, Printing and then discontinuing of Rs. 2,000/- Currency notes? At the end of everything what was the benefit for the nation?

    DisAgree [1] Agree Reply Report Abuse

  • roy Indian, Mangalore

    Mon, Jul 01 2024

    and still rich are richer and poor are very poor ??????? gujju people have more money .....

    DisAgree [1] Agree Reply Report Abuse


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