The Reserve Bank of India (RBI) on Wednesday said Rs 10,000 crore of Rs 2000 notes, which were withdrawn from circulation on May 19, are yet to be returned to the banking system.
As on May 19, the total value of Rs 2000 banknotes in circulation amounted to Rs 3.56 lakh crore. This has declined to Rs 10,000 crore as at the close of business on October 31, 2023, the RBI said in a release.
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