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Wednesday, November 1, 2023

More than 97 percent of Rs 2,000 notes returned: RBI

The Reserve Bank of India (RBI) has announced that over 97% of the Rs 2,000 banknotes in circulation have been returned to the banking system. Only Rs 10,000 crore worth of such notes are still with the public. The total value of Rs 2,000 banknotes in circulation has declined from Rs 3.56 lakh crore to Rs 0.10 lakh crore since the withdrawal of these notes was announced. Public can deposit and/or exchange the Rs 2,000 banknotes at the 19 RBI offices in the country.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/eAw4TIK

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