Heres what RBI said on Rs 2,000 - Check Details
On May 19, 2023, the RBI announced the withdrawal of Rs 2000 denomination banknotes from circulation.
The Reserve Bank of India (RBI) on Thursday said 97.92 per cent of the Rs 2000 denomination banknotes have returned to the banking system. The central bank said that only Rs 7,904 crore worth of the withdrawn notes are with the public now.
On May 19, 2023, the RBI announced the withdrawal of Rs 2000 denomination banknotes from circulation.
The total value of Rs 2000 banknotes in circulation, which was Rs 3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal of the high-value banknotes was announced, has declined to Rs 7,904 crore.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.