The Reserve Bank of India (RBI) on Friday said 97.26 per cent of the Rs 2,000 banknotes which were withdrawn in May this year are back in the banking system. The total value of Rs 2,000 banknotes in circulation, which amounted to Rs 3.56 lakh crore as at the close of business on May 19, 2023 when the withdrawal of these banknotes was announced, has declined to Rs 9,760 crore at the close of business on November 30, 2023, the RBI said in a release.
“…97.26 per cent of the Rs 2,000 banknotes in circulation as on May 19, 2023, has since been returned,” the RBI said, adding that the notes continue to remain legal tender.
You have exhausted your monthly limit of free stories.
Register to read more stories
Continue With:-
Google
Facebook
Email
Already have an account? Sign in