Since withdrawal, 98% of ₹2,000 notes have been returned: RBI

Oct 01, 2024 08:40 PM IST

The Reserve Bank of India reported that 98% of ₹2,000 notes have been returned since their withdrawal announcement in May 2023.

The Reserve Bank of India on Tuesday said 98 per cent of the ₹2,000 denomination notes have been returned since its May 2023 move to withdraw the currency notes.

2,000 notes have been returned since May 2023, with their total value dropping to ₹7,117 crore. These notes can still be exchanged at RBI offices.(AFP)” title=”The RBI announced that 98% of ₹2,000 notes have been returned since May 2023, with their total value dropping to ₹7,117 crore. These notes can still be exchanged at RBI offices.(AFP)”>

The RBI announced that 98% of ₹2,000 notes have been returned since May 2023, with their total value dropping to ₹7,117 crore. These notes can still be exchanged at RBI offices.(AFP)

The total value of notes of the denomination has reduced to ₹7,117 crore from the ₹3.56 lakh crore on May 19, 2023, the central bank said.

“98 per cent of the ₹2000 banknotes in circulation as on May 19, 2023, has since been returned,” the RBI said.,

Since withdrawal, 98% of ₹2,000 notes have been returned: RBI

The Reserve Bank of India reported that 98% of ₹2,000 notes have been returned since their withdrawal announcement in May 2023.

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